The Official Website Of FXPace Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2020-01-13 Spain CNMV Adds FXPace To The Warning List
On January 13, 2020, The Spanish National Market Commission (CNMV) Issued A Warning Against FXPace, Saying That It Provides Financial Services Without Authorization And Supervision. You Can Visit The Following Website For Details: Https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1.nombre=SALVAX%20LTD.lang=en
2022-07-12 We Have Reviewed And Confirmed That FXPace Is An Unregulated Forex Dealer
FXPace Claims To Be The Business Name Of Salvax Limited, Which Is Registered In Bermuda With Company Registration Number 53275. However, We Did Not Find Results Matching This Broker With The Bermuda Monetary Authority (BMA), The Regulator In Bermuda. This Means That The Regulatory Information Claimed By This Broker Is False Propaganda Aimed At Unsuspecting Traders. In Fact, FXPace Is Not Regulated By Any Financial Regulator. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website Now, We Cannot Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That FXPace Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And True Contact Information, Such As Phone Numbers Or Company Addresses.
Note: FXPace As A, Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
