Verified: Wynn Exchange Is Operated Through The Website Http://www.wynexchange.com/, Https://wynn-exchange.ai/.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Be Out Of Business, And Details About The Company Are Not Immediately Available. Traders Are Requested To Exercise Extreme Caution In Case They Are Defrauded And Their Funds Are Damaged.
Reviewed Wynn Exchange Is An Unregulated Broker
Wynn Exchange Claims To Have Been Established In 2009. While It Tries To Be Reliable, We Have Not Found Any Valid Records To Prove Its Legitimacy And Credibility. Although Addresses In Different Countries Are Listed, There Is No Indication That It Is Registered With Any Financial Regulators In Those Jurisdictions. Wynn Exchange Operates Through Two URLs, One Of Which Is Currently Deactivated. This Is A Red Flag. In Addition, The Ontario Securities Commission (OSC) Has Issued A Warning To Wynn Exchange That The Broker Is Not Registered In Ontario To Engage In The Business Of Securities Trading.
Essentially, Wynn Exchange Is Not Regulated By Any Governing Body. Funds Entrusted To Investors Are High Risk As There Are No Legal Protections To Protect The Funds. Wynn Exchange Appears To Be A Scam.
And Most Non-compliant Brokers Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: Wynn Exchange Being 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 As Much As Possible When Choosing A Broker.
On December 16, 2024, The Ontario Securities Commission (OSC) Issued A Warning To Wynn Exchange That The Broker Was Not Registered To Trade Securities In Ontario.
Here Is The Link To The Original Text Published By The OSC:
Https://www.osc.ca/en/investors/warnings/wynn-exchange
