Does InForexEu have licenses?

https://inforexeu.com/

InForexEu is not a regulated or licensed broker for traders even though it states offers that look good to be true.

InForexEu claims to be a brand of INSTANT TRADING EU LTD, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15. We indeed find a match result to INSTANT TRADING EU LTD in CySEC. But as per the regulatory details shown on CySEC, the approved domains of this licensed company includes "www.instaforex.eu; www.forexmart.eu; and www.instatradesolution.hu." That means InForexEu in fact has no connection with INSTANT TRADING EU LTD since the former's domain is not included in the approved domains.

The truth is, InForexEu may be a clone firm and not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like InForexEu and trade with licensed brokers.