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Finarix
Regulators:
http://finarix.com
Finarix is not a licensed or regulated broker even though it states offers that look good to be true. Finarix claims to be founded in 2016 as a provider of brokerage services in online trading, which is at odds with the fact. Actually, the domain of Finarix was created in 2019.
Besides, this broker states that it is owned and operated by Zolarex Ltd, a company registered in the Marshall Islands with registration number 78978. We checked on the Marshall Islands Registry (IRI) and found the company is in its register. However, the regulatory status is abnormal and the official regulatory status is annulled.
Most importantly, the Spain regulator National Securities Market Commission (CNMV) issued a warning against this broker for providing the investment services without authorization. You can check the full warning from here.
The truth is, Finarix is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Finarix and trade with licensed brokers.
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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.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.


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