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LONDONEX

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Operating status: SCAM

Website: https://londonex.com/

Broker violations and abnormal records
  • 2023-07-09 The Spanish CNMV issued a warning against LONDONEX

    On July 10, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added LONDONEX to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

    On July 10, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added LONDONEX to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
  • 2023-07-10 BrokersView has reviewed that LONDONEX is an unregulated broker

    LONDONEX claims to be operated by LONDONEX LTD, a company registered with the Financial Services Regulatory Authority (FSRA) of Saint Lucia. However, we searched the registry of the authority but have been unable to locate a company called LONDONEX LTD. Furthermore, the FSRA doesn't regulate entities involved in forex trading.

    Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added LONDONEX to its warning list for providing investment services without authorization.

    In essence, LONDONEX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    LONDONEX claims to be operated by LONDONEX LTD, a company registered with the Financial Services Regulatory Authority (FSRA) of Saint Lucia. However, we searched the registry of the authority but have been unable to locate a company called LONDONEX LTD. Furthermore, the FSRA doesn't regulate entities involved in forex trading.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added LONDONEX to its warning list for providing investment services without authorization.In essence, LONDONEX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Does LONDONEX allow scalping?

happyclient
Poland
2023-07-19
ANSWER If you are looking to engage with LONDONEX, we strongly suggest you drop that plan due to its status as an unregulated broker.LONDONEX claims to be operated by LONDONEX LTD, a company supposedly registered with the Financial Services Regulatory Authority (FSRA) of Saint Lucia. However, we searched the registry of the authority but have been unable to locate a company called LONDONEX LTD. Furthermore, the FSRA doesn't regulate entities involved in forex trading.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added LONDONEX to its warning list for providing investment services without authorization.In conclusion, LONDONEX is an unregulated broker that we advise against dealing with, despite the seemingly attractive deals it offers. Without regulatory oversight, there are no rules in place to protect investors from fraud or theft. Therefore, investors are encouraged to steer clear of unregulated brokers like LONDONEX and choose a fully regulated one.
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