ANSWER No, marketsxp is not regulated. It falsely purports to have a license from Belize Financial Services Commission (FSC) to appear legitimate and deceive investors.The brand marketsxp claims to be owned by company SXP Limited, which is supposedly licensed by the Belize FSC. However, this is not the case. Furthermore, its provision of financial services in the UK has prompted a warning from the Financial Conduct Authority (FCA).Given its non-compliance and fraudulent practices, marketsxp poses significant risks. This trading platform is dangerous, and people engaging with it are exposed to fraud and identity theft. To safeguard their interests, investors are advised to steer clear of unlicensed brokers like marketsxp and instead choose fully regulated ones with solid reputations.
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