The Official Website Of Cloud Mining Fx Cannot Be Accessed Normally At Present. It Seems That The Company Has Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-06-28 CySEC In Cyprus Adds Cloud Mining Fx To Warning List
On June 28, 2022, The Cyprus Securities And Exchange Commission (CySEC) Issued A Warning That Cloud Mining Fx Was Providing Financial Services Without Authorization. You Can Visit The Following Website For Details: Https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9677aa28-b6b2-4395-ac8c-bb73fef86a03
2022-07-07 We Have Reviewed And Confirmed That Cloud Mining Fx Is An Unregulated FX Broker
Cloud Mining Fx Claims To Be A Licensed Dealer Subject To Dual Regulation, Including The Seychelles Financial Services Authority (Seychelles FSA) And The Cyprus Securities And Exchange Commission (CySEC) With Regulatory Numbers SD087 And 129/16, Respectively.
Firstly, We Did Not Find Any Results In The Seychelles FSA That Matched This Broker. Secondly, We Found A Warning In The CySEC That Was Issued Against This Broker. CySEC Has Warned That Cloud Mining Fx Is Providing Financial Services Without Authorization.
This Means That Cloud Mining Fx Is Not Regulated By Any Regulatory Authority. It Is Not Safe For This Dealer To Hold Or Control Investors' Funds, And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
As For Regulation, It Has Been Verified That Cloud Mining Fx Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Cloud Mining Fx 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 Investing In An Unregulated Broker, There Is A High 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.
