ANSWER Metexo is not a licensed or regulated broker even though it states offers that look good to be true.Metexo claims to be incorporated in Cyprus and authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 352/14. However, we did not find any match results to the company name or the license number in CySEC. Moreover, we even found a warning against this broker issued by CySEC that Metexo does not belong to an entity that has been granted authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. You can check the full warning from here.The truth is, Metexo 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 Metexo and trade with licensed brokers.
查看更多
