ANSWER FxWinning is not a licensed or regulated broker even though it states offers that look good to be true. FxWinning claims to be a trustable entity while not mentioning any details of its regulation. Lacking regulation info is a distinctive characteristic of the unlicensed broker, as legit brokers always present their certificates and licenses in a prominent position.Besides, FxWinning presents two office addresses in Saint Vincent and the Grenadines and Hong Kong. So we did searching in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and the Hong Kong Securities And Futures Commission (HK SFC) respectively. However, we did not find any match results to FxWinning in the above two watchdogs' registries. The truth is, FxWinning is 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 FxWinning and trade with licensed brokers.
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