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EuroXN

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Operating status: SCAM

Website: https://www.euroxn.com/

Broker violations and abnormal records
  • Dec 26, 2021 CNMV Added EuroXN into its Warnings and Alerts

    On 27th December 2021, the CNMV has issued a public warning against EuroXN. It shows that EuroXN has not been authorized to carry out investment services and activities in Spain as a result of a lack of the authorization. Therefore, EuroXN is an unregulated forex broker. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=euroxn



  • Jan 06, 2022 BrokersView has reviewed that EuroXN is an Unregulated Forex Broker

    EuroXN is not a regulated broker and does not list any regulatory certifications or governmental registration to prove so. To be able to offer forex trading service, a compliant broker must get at least one license from global regulators. Viewing its domain, we found EuroXN does not fall under any regulating agency. Besides, the firm offers leverage of 1:400, which becomes a big red flag! Seeing its “Contact” information, we know the entity belongs to one of European investing companies. According to forex supervisory rules issued by EU regulators, there is no one broker can offer leverage over 400. Therefore, the risky trading condition confirms EuroXN is an unlicensed forex broker, which means your money are not protected, and there is highly likely it will cheat your investing money and there will be no regulating agency to take responsibility for your lost.

    On 27th December 2021, the CNMV has issued a public warning against EuroXN. It shows that EuroXN has not been authorized to carry out investment services and activities in Spain as a result of a lack of the authorization. Therefore, EuroXN is an unregulated forex broker.

    EuroXN is not a regulated broker and does not list any regulatory certifications or governmental registration to prove so. To be able to offer forex trading service, a compliant broker must get at least one license from global regulators. Viewing its domain, we found EuroXN does not fall under any regulating agency. Besides, the firm offers leverage of 1:400, which becomes a big red flag! Seeing its “Contact” information, we know the entity belongs to one of European investing companies. According to forex supervisory rules issued by EU regulators, there is no one broker can offer leverage over 400. Therefore, the risky trading condition confirms EuroXN is an unlicensed forex broker, which means your money are not protected, and there is highly likely it will cheat your investing money and there will be no regulating agency to take responsibility for your lost.On 27th December 2021, the CNMV has issued a public warning against EuroXN. It shows that EuroXN has not been authorized to carry out investment services and activities in Spain as a result of a lack of the authorization. Therefore, EuroXN is an unregulated forex broker.
  • Jul 07, 2022 BrokersView has found that EuroXN is not working

    On 8 Jul 2022, BrokersView found the domain https://www.euroxn.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    On 8 Jul 2022, BrokersView found the domain https://www.euroxn.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Is https://www.euroxn.com/ a safe broker?

Clint
Solomon Islands
Feb 06, 2022
ANSWER EuroXN is not a regulated broker and should be avoided at all events. After going through the broker's website, we found that neither regulatory information nor company details is mentioned. Lacking for such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. What's worse, the Spanish regulator CNMV has issued a public warning against EuroXN. It shows that EuroXN has not been authorized to carry out investment services and activities in Spain as a result of a lack of the authorization. You can check full warning here. Our final verdict is that EuroXN is not authorised by any financial regulator, therefore is not subject to necessary and strict laws and principles of operation, resulting in a high risk to trade with it. We advise you to stay away from this broker and any other unregulated brokerages and choose properly regulated brokers.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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