2022-05-31 We Have Reviewed And Confirmed That Equinox Markets Is An Unregulated FX Broker
Equinox Markets Is Not A Reliable Broker For Traders, Although The Quotes It Claims To Offer To Clients Look Good. Equinox Markets Claims To Be Registered And Regulated By The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA), Operating License Number: 22169 BC 2012 It Is Also Regulated By The National Futures Association (NFA), NFA ID: 0547126. However, We Could Not Find Any Results Matching Equinox Markets In The SVG FSA. In Addition To This, When We Checked Its Regulatory Information In The NFA, We Found That The Broker Is Not A Registered Member Of The NFA And Therefore Is Not Effectively Regulated By The NFA.
More Importantly, The Broker Shows In The Website That Its Corporate Office Address Is 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 Business Registration From The UK Financial Conduct Authority (FCA). However, We Did Not Find Any Results Matching Equinox Markets In The FCA.
In Fact, Equinox Markets Is Not Regulated By Any Regulatory Authority. 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 Equinox Markets 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: Equinox Markets 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.
