Upon Verification: Monix Limited Is Operating Through The Website Https://monixlimited.biz/.
On 6 November 2024, The Financial Conduct Authority (FCA) Issued A Warning To Monix Limited That It May Be Offering Financial Services Or Products In The UK Without Proper Authorisation.
Reviewed Monix Limited Is An Unregulated Broker
According To Its Website, It Is Located In The UK. Upon Investigation, We Found That The Financial Conduct Authority (FCA) Issued A Warning To Monix Limited That It May Be Offering Financial Services Or Products In The UK Without Proper Authorisation.
Essentially, Monix Limited Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To The Company Carries A High Level Of Risk As There Are No Legal Protections To Protect These Funds.
Monix Limited Appears To Be A Scam.
And Most Brokers That Are Not Compliant Do Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Monix Limited As An 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 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 Brokers As Much As Possible When Choosing A Broker.
