After Verification: SPX Trade Is Operated Through The Website Https://spx-trade.org/, And This Domain Name Was Registered On May 21, 2024.
The Company's Website Is Currently Defunct, Inaccessible, And Appears To Have Closed Down. Traders Are Requested To Exercise Extreme Caution To Prevent Being Deceived And Causing Damage To Their Funds.
On December 2, 2024, The National Market Commission (CNMV) Placed SPX Trade On The Warning List For Unauthorized Provision Of Investment Services.
Reviewed SPX Trade Is An Unregulated Broker
According To Its Website, It Claims To Be Regulated By The Financial Conduct Authority (FCA). After Investigation, No Matching Information Was Found In The FCA.
In Addition, The Spanish National Securities And Markets Commission (CNMV) Has Also Placed SPX Trade On The Warning List Due To The Fact That The Company Provides Investment Services Without Authorization.
Essentially, SPX Trade Is Not Regulated By Any Governing Body. Funds Entrusted To Investors Are High Risk As There Are No Legal Safeguards To Protect The Funds.
SPX Trade Appears To Be A Scam.
And Most Non-compliant Brokers Will Not Disclose Providing Their Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: SPX Trade As An Unregulated Broker, This 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 When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
