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FinanceX

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Operating status: SCAM

Website: http://www.financex.info/

Broker violations and abnormal records
  • 2022-06-29 The Austria FMA Added FinanceX into Its Warnings

    On 30 June 2022, the Austrian Financial Market Authority (FMA) issued a warning that FinanceX is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/big-box-ltd/


    On 30 June 2022, the Austrian Financial Market Authority (FMA) issued a warning that FinanceX is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/big-box-ltd/
  • 2022-07-25 BrokersView has Reviewed that FinanceX is an Unregulated Forex Broker

    FinanceX has a domain name that was first created in Feb 2022, less than one year ago. However, the homepage of FinanceX claims it won multiple awards in 2020 and 2021. Here is a strong signal that it is a fraud.

    FinanceX claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 26491 BC 2021. We checked SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. In another word, having registration with SVG FSA does not mean being authorized to provide forex services. 

    Moreover, the Austrian Financial Market Authority (FMA) issued a warning that FinanceX is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others.

    The truth is that FinanceX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    FinanceX has a domain name that was first created in Feb 2022, less than one year ago. However, the homepage of FinanceX claims it won multiple awards in 2020 and 2021. Here is a strong signal that it is a fraud.FinanceX claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 26491 BC 2021. We checked SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. In another word, having registration with SVG FSA does not mean being authorized to provide forex services. Moreover, the Austrian Financial Market Authority (FMA) issued a warning that FinanceX is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others.The truth is that FinanceX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-11-23 BrokersView has found that FinanceX is not working

    BrokersView found the domain "http://www.financex.info/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "http://www.financex.info/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

1 comments

Святозавр Головко
many who encounter this exchange have a problem with losing their deposits! Be careful - their actions are fraudulent
2024-01-07
1
Reply
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