Any advice about Phyntex Markets ?

https://phyntexmarkets.com/

Dear Investor,

Phyntex Markets claims to operate under Phyntex Group Limited, which is said to be regulated by the MWALI International Services Authority (MISA) under licence number T2023344. Our investigation confirms that the company is listed as a MISA licensee, and that its official website matches the platform in question.

However, it is important to note that MISA is widely regarded as an offshore regulator and has relatively limited regulatory oversight and international recognition. Therefore, MISA regulation alone should not be regarded as a strong guarantee of compliance or transparency.

We strongly advise you to exercise caution when considering engaging with this broker.