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Hello!! How's the review of this broker?? is it a good dealer?
jack
China
2022-08-02
ANSWER NFX is not a licensed or regulated broker even though it states offers that look good to be true. NFX claims to be a UK-registered firm that is authorized and regulated by the leading financial regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Federal Financial Supervisory Authority (BaFin). However, we didn't find matching records in both above regulators.Besides, as per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any matching results in FCA's registry.The truth is, NFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like NFX and trade with licensed brokers.
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Could you verify if the licensing number on NFX website is accurate ?
Olly
Malaysia
2022-04-20
ANSWER NFX is not legit and should be avoided at all events. NFX claims to be a UK-registered firm that is authorized and regulated by the leading financial regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Federal Financial Supervisory Authority (BaFin). However, we didn't find matching records in both above regulators. Besides, as per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any matching results in FCA's registry. Apparently, NFX is not overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam.We would recommend traders stay away from unregulated brokers like NFX and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.