No matter how tempting the deals it offers, we strongly suggest you immediately drop the plan to engage with EuroXTradeFX, an unlicensed broker carrying a warning from the Spain's financial regulator.
EuroXTradeFX claims to be a trading name of EuroXTradeFX Limited, which is supposedly registered with the Financial Services Authority of St Vincent and the Grenadines (SVG FSA) under number 3838 BC 2009. However, neither the company name nor the number could be found in the SVG FSA register, suggesting that this claim is false.
EuroXTradeFX also claims to be owned by EuroXTradeFX Financial Services Pty Ltd, a company incorporated in UK. However, we searched the register of the Financial Conduct Authority (FCA) but have been unable to locate a firm of that name.
Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added EuroXTradeFX to its warning list for providing investment services without authorization.
In conclusion, due to its fraudulent nature, EuroXTradeFX comes with significant risks, such as financial losses and identity theft, which could be financially and personally devastating. Without regulatory oversight, investors dealing with EuroXTradeFX cannot be protected from fraud or theft. Therefore, investors are advised against trading with unlicensed brokers like EuroXTradeFX and instead choose a fully regulated one.
