Metexo claims to be incorporated in Cyprus and authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 352/14. However, we did not find any match results to the company name or the license number in CySEC. Moreover, we even found a warning against this broker issued by CySEC that Metexo does not belong to an entity that has been granted authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.
The truth is, Metexo is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
Metexo claims to be incorporated in Cyprus and authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 352/14. However, we did not find any match results to the company name or the license number in CySEC. Moreover, we even found a warning against this broker issued by CySEC that Metexo does not belong to an entity that has been granted authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. The truth is, Metexo is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.