ANSWER Dear Investor,
NAXWARE appears to be a suspected fraudulent broker, as it holds no valid trading license.
The platform provides no verifiable regulatory information, merely stating that it is operated by Naxware Systems Inc., allegedly registered in the Seychelles. However, our thorough search of the official register of the Seychelles Financial Services Authority (FSA) yielded no record of NAXWARE or any related entity.
This complete lack of transparent corporate and regulatory data strongly indicates that NAXWARE is operating without authorization, a common characteristic of scam brokers designed to deceive and exploit investors.
Given the high risk of fraud and the total absence of regulatory oversight, we strongly advise you to avoid any interaction or financial transactions with NAXWARE.
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