ANSWER Optionfinmax is an untrustworthy broker as it is an unlicensed broker that has drawn warnings issued by financial regulators.Optionfinmax claims to be regulated by the Financial Conduct Authority (FCA), which has been denied by the FCA in a warning against Optionfinmax. Therefore, Optionfinmax is operating in the absence of proper authorization.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has also placed Optionfinmax on its warning list for providing investment services without authorization.Above all, we have noticed that the website of Optionfinmax https://www.optionfinmax.cc/ couldn't be reached any longer. This is a significant scam indicator.In conclusion, to avoid risks such as fraud and identity theft, we strongly suggest investors stay away from unlicensed brokers like Optionfinmax and instead choose a fully regulated one.
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