FxWinning claims to be a trustable entity while not mentioning any details of its regulation. Lacking regulation info is a distinctive characteristic of the unlicensed broker, as legit brokers always present their certificates and licenses in a prominent position.

Besides, FxWinning presents two office addresses in Saint Vincent and the Grenadines and Hong Kong. So we did searching in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and the Hong Kong Securities And Futures Commission (HK SFC) respectively. However, we did not find any match results to FxWinning in the above two watchdogs' registries. That means FxWinning is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

On 13 Feb 2023, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning against FxWinning for not being authorized to provide the investment services. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On April 14, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added FxWinning to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

BrokersView found that the domain "https://www.fxwinning.net/;https://www.fxwinning.pro/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.