WikiFX Review: Why You Must Be Alert To Finsa!!!

In today's diversified world of investment and finance, financial currencies have become a hot cake for the public, and especially foreign exchange investment and finance is of great interest to investors worldwide. So which broker can we trust？ Let's take a look at the “Finsa” today.

About FINSA

Finsa always set up as a financial derivatives broker which has been providing online forex, futures, options, stock and CFDs transactions and related services for retail and institutional customers around the world.

Finsa also claimed to be based in UK and licensed by the local financial institute. To find out if a forex broker is trustworthy, check first that it is registered and authorized with a local financial institution.

We can see from figures above that the query result is quite negative –there is a brokerage named as Finsa Investment was warned by Financial Conduct Authority(FCA), which said finsainvestment.com is not authorized but offered financial services and products in the UK. All members of the British public should be careful and stay away from it. Meanwhile, no registration information for Finsa was found at the Financial Conduct Authority(FCA).

This is another red flag, warnings from Britain's most authoritative financial institution that you should take seriously.For the safety of your money, stay away from this kind of brokers that are not authorised or warned by the FCA.

In addition, to get a better idea of Finsa, WikiFX also paid a visit to its official website.

But to my surprise, the site is completely anonymous, with no useful information other than three blue ICONS. This is absolutely nonsense as the UK does not allow any anonymous websites to offer financial products and services. Without access to the official website, we cannot know more about their basic information, such as software information and transaction conditions, let alone judge whether their regulations meet the standards of the financial industry. But such a humble website shows that Finsa is running some sort of scam . Finsa might have gone bankrupt and running away with investors money!

Moreover, in order to find out more about Forex Income, WikiFX made an attempt to access the domain tool to learn about the domain information.

It can be found by tracking its website information that its official website domain name is the most recent, registered on August 11th, 2022, just two months ago. And the domain name is expected to have a short life, with an expiration date of August 11th, 2023. It's not hard to see that Finsa didn't intend to be in business for long when it was registered. This kind of black platform operation cycle is very short, are fishing run, after all, the new name website cost is very low.

When faced with the little information on Internet, we can totally trust and use WikiFX to learn more about forex broker. It is certainly the most convenient and quick inquiry mode for ordinary investors. Now let's search “Finsa” on WikiFX APP to find out more about this broker.

As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/2224419851.html), Finsa currently has no valid regulatory license and the score is rather negative - only 1.27/10! WikiFX will give brokers a composite score in five categories: license index, business index, risk control index, software index and regulatory index. Since Finsa does not have any supervision and does not obtain a regulatory license, the license index, risk control index and regulatory index all score 0, and the final total score is 1.76 (out of 10). Investors can see the overall situation through WikiFX, with higher scores indicating a more reliable broker.

From all the above information we can know that trusting a broker like Finsa is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers. Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers.

WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!