The Official Website Of OXCOINFLOW Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-07-18 Spain CNMV Puts OXCOINFLOW On The Warning List
On July 18, 2022, The Spanish National Business Council (CNMV) Issued A Warning That OXCOINFLOW Provides Investment Services In Spain Without Authorization. You Can Visit The Following Website For Details: Http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1.sortExpression=Fecha.sortDirection=1.page=0
2022-07-19 We Have Confirmed Upon Review That OXCOINFLOW Is An Unregulated Forex Broker
OXCOINFLOW Claims To Be A Trustworthy Broker, But Does Not Provide Any Information About Its Regulation. The Lack Of Such Important Information Can Be A Clear Signal For An Unlicensed Dealer, As A Regulated Broker Always Displays Its Certification And License To Operate In A Prominent Position. This Is A Red Flag.
OXCOINFLOW Also Claims To Be A Company Located In The UK. Under UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Are Required To Obtain Authorisation Or Commercial Registration From The UK Financial Conduct Authority (FCA). However, We Did Not Find Any Results In The FCA That Matched This Broker.
Furthermore, The Spanish National Securities Market Commission (CNMV) Has Issued A Warning That OXCOINFLOW Is Not Authorized To Provide Investment Services In Spain.
The Fact Is That OXCOINFLOW Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That OXCOINFLOW Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: OXCOINFLOW 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, They Are Likely To 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 Brokers As Much As Possible When Choosing A Broker.
