ANSWER Dear Investor,
9X Markets claims to be regulated by the Financial Services Commission (FSC) of Mauritius with an Investment Dealer License. However, although a company with a similar name appears in the FSC online registry, no associated domain is listed, casting doubt on the validity of this claim.
The company also states that it is registered in St. Lucia as 9X Markets DV Ltd. While an entity with that name is indeed registered with the Saint Lucia International Financial Centre (IFC) as an International Business Company (IBC), this status does not equate to a valid financial services license. The IFC does not regulate or license forex trading activities.
While 9X Markets appears to be regulated, given the lack of credible regulatory oversight, investors are still strongly advised to exercise caution when considering transactions with this broker.
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