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DominionFX

Item: DominionFX
Rating: 1.54

Vanuatu|5-10 years|

Suspicious Scope of Business|Vanuatu Retail Forex License Revoked|High potential risk|

https://dominionfx.com/en/index.html

Website

Open Account Time Machine

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Contact

info@dominionfx.com

https://dominionfx.com/en/index.html

https://www.facebook.com/dominionfx/?fref=ts

Licenses

VFSC Revoked

Vanuatu Retail Forex License

VPS Standard

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Warning: Low score, please stay away! 3

Previous Detection : 2024-11-22

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

VanuatuVFSC (license number: 14851) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

The Vanuatu VFSC regulation with license number: 14851 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Overview

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MT4/5 Identification

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DominionFX · WikiFX Survey

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DominionFX · Company Summary

Note: You can't access DominionFX's official website: https://dominionfx.com/en/index.html right now.

DominionFX Information

DominionFX started in 2019 as an unregulated broker company with registration in Vanuatu. The company offers the MetaTrader 4 (MT4) platform for trading.

Is DominionFX Legit？

Dominion Markets Limited was previously regulated by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. However, its credential identified as number 14851 is no longer valid.

	The Vanuatu Financial Services Commission (VFSC)
Current Status	Revoked
Regulated by	Vanuatu
License Type	Retail Forex License
License No.	14851
Licensed Institution	Dominion Markets Limited

Downsides of DominionFX

Unavailable Website

Investors can't reach DominionFX's main website now, which makes them wonder if it's reliable or easy to use.

Lack of Transparency

Investor understanding regarding what DominionFX remains limited due to insufficient information concerning this platforms operations and dependability.

Regulatory Concerns

Investors are unsure if DominionFX follows any rules, which makes them think twice about how safe the money is and if they can trust the company.

Conclusion

Using a non-regulated platform like DominionFX can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.