Networkfsi Review : Fees, Pros and Cons, Reviews by Real Traders

Networkfsi

Operating status: SCAM

Website: https://networkfsi.com/

Broker violations and abnormal records

Nov 06, 2022 The Spain CNMV Added Networkfsi into Its Warnings
On 7 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Networkfsi was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=networkfsi.com

On 7 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Networkfsi was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=networkfsi.com
Nov 07, 2022 BrokersView has Reviewed that Networkfsi is an Unregulated Forex Broker
Networkfsi claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
According to its website, the company has three offices in the UK, Canada and Belgium.
First, please be informed that the Belgian Financial Services and Markets Authority (FSMA) has banned forex activities and forex brokers since August 2016. In other words, it is impossible that Networkfsi is a regulated forex broker in Belgium.
In addition, we did not find any results that matched this broker in the United Kingdom Financial Conduct Authority (UK FCA) or the Investment Industry Regulatory Organization of Canada (IIROC). That means the broker is not authorized by FCA or IIROC to provide financial services.
Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Networkfsi was not authorised to provide the investment services in Spain.
The truth is that Networkfsi is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Networkfsi claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the company has three offices in the UK, Canada and Belgium.First, please be informed that the Belgian Financial Services and Markets Authority (FSMA) has banned forex activities and forex brokers since August 2016. In other words, it is impossible that Networkfsi is a regulated forex broker in Belgium. In addition, we did not find any results that matched this broker in the United Kingdom Financial Conduct Authority (UK FCA) or the Investment Industry Regulatory Organization of Canada (IIROC). That means the broker is not authorized by FCA or IIROC to provide financial services. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Networkfsi was not authorised to provide the investment services in Spain.The truth is that Networkfsi is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Dec 06, 2022 BrokersView has found that Networkfsi's domain is not working
On 7 Dec 2022, BrokersView found that the domain of Networkfsi (https://networkfsi.com/) was invalid.
The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

On 7 Dec 2022, BrokersView found that the domain of Networkfsi (https://networkfsi.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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