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Etofx Markets

Operating status: SCAM

Website: https://www.etofxmk.com/en/index

Broker violations and abnormal records
  • May 15, 2023 BrokersView has reviewed that Etofx Markets is an unregulated broker

    Etofx Markets claims to be founded in London, supervised by the Financial Crimes Enforcement Network (FinCEN), and regulated by the National Futures Association (NFA). However, our search for this broker in the above-mentioned agencies' registries didn't find any matching results. This means that Etofx Markets is using false information to fool investors.

    In essence, Etofx Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Etofx Markets claims to be founded in London, supervised by the Financial Crimes Enforcement Network (FinCEN), and regulated by the National Futures Association (NFA). However, our search for this broker in the above-mentioned agencies' registries didn't find any matching results. This means that Etofx Markets is using false information to fool investors.In essence, Etofx Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.