DEVON FINANCE FX is an unreliable broker we advise against trading with despite the seemingly attractive deals it offers.
DEVON FINANCE FX claims to be operated by Devon Finance Limited, a company registered with the Companies House (CH) under company number 08886301. While it is true that corresponding records exist in the CH register, it is critical to note that the CH serves as a registrar of companies in the UK and doesn't possess authority to regulate financial activities. Merely having a certificate of incorporation from the CH doesn't mean being authorized to legally offer financial products or services. Furthermore, DEVON FINANCE FX asserts to be regulated by the Financial Conduct Authority (FCA), a recognized financial watchdog in the UK. However, the FCA has issued a warning explicitly denying DEVON FINANCE FX's assertion and stating that DEVON FINANCE FX is operating without proper authorization. This contradictory situation raises significant concerns about the legitimacy and compliance of DEVON FINANCE FX's operations.
Regarding your question, you may contact them by email, but we strongly suggest you stop dealing with DEVON FINANCE FX since it is a non-regulated broker. Your money in its system is risky as there are no rules in place to safeguard it. You may suffer financial losses and identity theft. Therefore, to avoid such risks, investors are advised to stay away from unlicensed brokers like DEVON FINANCE FX and choose fully regulated ones instead.
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