ANSWER Dear Investor,
FxNet claims to be operated by FxNet Limited, which is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 182/12. Our verification confirms that the firm is listed on the CySEC official register of regulated entities. Additionally, the website in question is the officially registered domain associated with this licensed entity.
This regulatory oversight means that FxNet Limited is subject to certain operational standards, capital requirements and investor protection measures, as mandated by CySEC.
However, please be reminded that forex trading carries a high level of risk and may not be suitable for all investors. Even when dealing with a regulated broker, we strongly advise you to exercise caution, understand the risks involved thoroughly, and think twice before making any investment decisions.
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