Avoid These Eight Brokers ! Licenses Were Cancelled

In May, 8 dealer licenses were cancelled, 3 of which were CySEC licenses and 5 of which were FCA licenses. The specific list of changes is as follows:

1. eXcentral

Type of change: CySEC license in Cyprus changed from “in regulation” to “in cancellation”

It is worth noting that the platform does not currently have any regulatory licenses, and there are huge risks. Investors are advised to stay away.

2. OvalX

Type of change: CySEC license in Cyprus changed from “in regulation” to “in cancellation”

Please note that the platform does not have other regulatory licenses, and there are certain risks. Investors are advised to be vigilant.

3. Profit level

Type of change: CySEC license in Cyprus changed from “in regulation” to “in cancellation”

Please note that the platform does not have other regulatory licenses, and there are certain risks. Investors are advised to be vigilant.

4. Jimo Global Finance (Hong Kong)

Type of change: UK FCA license changed from “in regulation” to “in cancellation”

At present, Jimo Global Finance (Hong Kong) also has the leveraged financial derivatives license of Hong Kong SFC.

5. City Credit Capital

Type of change: UK FCA license changed from “in regulation” to “in cancellation”

Please note that the platform does not have other regulatory licenses, and there are certain risks. Investors are advised to be vigilant.

6. ETXcapital

change type: UK FCA license changed from “under supervision” to “in cancellation”

Please note that the platform does not have other regulatory licenses, and there are certain risks. Investors are advised to be vigilant.

7. TFI Markets

Type of change: UK FCA license changed from “under regulation” to “cancelled”

Currently, the platform also holds the licenses of CySEC in Cyprus and AMF in France.

8. EverFX

Type of change: UK FCA license changed from “under regulation” to “cancelled”

Currently, the platform also holds a CySEC license in Cyprus.