ANSWER No, EFS Lux is not licensed.This broker vaguely claims to be multi-regulated but fails to provide solid evidence, such as detailed regulatory information, to prove its legitimacy. While it purports to be managed by EUROPEAN VALUE PARTNERS S.A. in Luxembourg, there are no corresponding records from the relevant financial authorities to support this claim. Additionally, the Italian Companies and Exchange Commission (CONSOB) has issued a warning and ordered the blackout of EFS Lux's website.In light of this, EFS Lux poses substantial risks of fraud and identity theft. For a safer trading environment, it is strongly advised against trading with EFS Lux and instead choosing fully regulated brokers.
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