​Warning: License Status Changed in 5 Forex Brokers

WikiFX News (11 Jan.) - Forex brokers with updated license status are presented below for your information to avoid investment risks.

WikiFX, a forex broker info search tool, is popular among global senior investors! If youre interested, please visit bit.ly/wikifxIN.

1. CMCMarkets

Its claimed Retail Forex License of Banque de France (BDF) has been “revoked”. The broker is suspected of having exceeded the authority under the license of the Australia Securities and Investments Commission (ASIC). Although CMCMarkets still holds five regulated licenses, several traders have complained to WikiFX Exposure about failed withdrawals on its platform.

2. Dukascopy Bank

Its claimed Retail Forex License of Financial Services Agency (FSA) and Financial Services License of Swiss Financial Market Supervisory Authority (FINMA) have been “revoked”, which are suspected to be clones. Also, there are complaints about failed withdrawals on the Dukascopy Bank.

3. Gogin

Its claimed FSA Retail Forex License has been “revoked”. The broker is currently under no regulation.

4. FXORO

Its claimed European Authorized Representative (EEA) License of Financial Conduct Authority (FCA) has been “revoked”. Besides, it has exceeded the authority under the Common Financial Service License of Federal Financial Supervisory Authority (BaFin) and that of BDF.

5. NSFX

Its claimed EEA License of FCA has been “revoked”. The broker only holds the Market Making of MFSA (The Malta Financial Services Authority), please stay alert.