ANSWER Crex247 is not a licensed or regulated broker even though it states offers that look good to be true. Crex247 claims to be regulated under multiple regulations, including: 1) The Cyprus Securities Exchange Commission (CySEC);2) The United Kingdom Financial Conduct Authority (FCA);3) The Australian Securities and Investments Commission (ASIC); 4) The Seychelles Financial Services Authority (Seychelles FSA). First, we did not find any match results to Crex247 in CySEC, ASIC, and Seychelles FSA. Second, when we searched in FCA, we found this broker had been warned by FCA for providing financial services or products without authorization. You can check the full warning from here.The truth is, Crex247 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 Crex247 and trade with licensed brokers.
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