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MicroxStock Ltd

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Operating status: SCAM

Website: https://microxstock.net/

Broker violations and abnormal records
  • 2024-11-19 BaFin issues a warning against MicroxStock Ltd
    On November 20, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website microxstock.net, stating the operator is providing financial and investment services on this website without the required authorization.  https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_18_microxstock_net_en.html;jsessionid=58F8DBC01B2D3A04C5B5C654C503B5D9.internet972
    On November 20, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website microxstock.net, stating the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_18_microxstock_net_en.html;jsessionid=58F8DBC01B2D3A04C5B5C654C503B5D9.internet972
  • 2024-11-26 BrokersView has reviewed that MicroxStock Ltd is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

    In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website microxstock.net, stating the operator is providing financial and investment services on this website without the required authorization.

    In essence, MicroxStock Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  MicroxStock Ltd appears to be a scam. 

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website microxstock.net, stating the operator is providing financial and investment services on this website without the required authorization. In essence, MicroxStock Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. MicroxStock Ltd appears to be a scam.

Related Complaints

Q&A

Is MicroxStock Ltd a licensed entity?

Barbara OSullivan
Cayman Islands
2024-11-27
ANSWER Dear Investor, Thank you for reaching out to us. We are concerned that MicroxStock Ltd is not licensed and therefore is a scam. While MicroxStock Ltd claims to be registered in the UK, it fails to obtain authorization from the Financial Conduct Authority (FCA). In addition, it offers unauthorized services in Germany, having led to a warning from the Federal Financial Supervisory Authority (BaFin). As such, MicroxStock Ltd is not a regulated broker and appears to be a fraudulent platform. We strongly suggest you avoid using MicroxStock Ltd to protect your funds and personal information.
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