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CryptoBanxaTrade
Regulators:
https://cryptobanxatrade.com/
CryptoBanxaTrade is not a licensed or regulated broker even though it states offers that look good to be true. CryptoBanxaTrade claims to be located in the UK. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to CryptoBanxaTrade in FCA.
CryptoBanxaTrade also claims to be regulated by the Belize Financial Services Commission (Belize FSC) and Cyprus Securities and Exchange Commission (CySEC). But we did not find any matching results in Belize FSC.
Moreover, we found a warning against CryptoBanxaTrade issued by CySEC. The Cyprus regulator warned the public that CryptoBanxaTrade does not belong to an entity that has been granted authorization for the provision of investment services. You can check the full warning from here.
The truth is, CryptoBanxaTrade 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 CryptoBanxaTrade and trade with licensed brokers.
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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