Upon Verification: MicroxStock Ltd Is Operating Through The Website Https://microxstock.net/.
On 20 November 2024, The Federal Financial Supervisory Authority (BaFin) Warned Consumers About The Website Microxstock.net That The Operator Was Providing Financial And Investment Services On This Website Without The Necessary Authorisation.
Reviewed MicroxStock Ltd Is An Unregulated Broker
According To Its Website, It Is Located In The United Kingdom. Upon Investigation, No Matching Information Was Found In The Financial Conduct Authority (FCA).
In Addition, The Federal Financial Supervisory Authority (BaFin) Has Warned Consumers About The Microxstock.net Of The Website, Saying That The Operator Is Providing Financial And Investment Services On This Website Without The Necessary Authorization.
Essentially, MicroxStock Ltd Is Not Regulated By Any Governing Body. Entrusting Its Funds To Investors Is High Risk, As There Are No Legal Safeguards To Protect The Funds.
MicroxStock Ltd Appears To Be A Scam.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: MicroxStock Ltd Is An Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company 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 When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
