Heads up! Changes in Licenses of Four Forex Brokers this Week!

Four forex platforms that have seen changes in their licenses this week are listed as follows for your reference. Please protect yourself from investment risks!

GUOTAI: It claims to hold an AA license authorized by the Chinese Gold and Silver Exchange (CGSE) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. The rating of GUOTAI is 2.03, and it isnt under any valid regulation after the revocation. The wrongdoing of this highly risky broker has been unveiled by WikiFX before.

OINVEST: It claims to hold the license of Retail Foreign Exchange Dealer (RFED) authorized by the Seychelles Financial Services Authority (FSA) whereas the license is suspected to be cloned whose status has changed from ‘Regulated’ to ‘Revoked’. The rating of OINVESR is 1.29 on WikiFX, and it isnt effectively regulated after the revocation.

FIVEBATS: It claims to hold the RFED permit authorized by FSA whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. The rating of FIVEBATS is 1.15 on WikiFX, and it is under no valid regulation after the revocation.

BV Partners: It claims to hold the license of Financial Service Provider (FSP) authorized by the Financial Service Providers Register (FSPR) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. The rating of BV Partners is 2.01 on WikiFX, and it isnt effectively regulated after the revocation.

WikiFX is a forex broker info search tool! Please check via WikiFX before your investment to protect yourself from risks once and for all! (bit.ly/wikifxIN)