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FCA Warns: Beware of the Unlicensed Offshore FX Broker Gainmetafx

Royal Forex Applied the Cancellation of its CIF License of CySEC

WikiFX

| 2022-08-25

Abstract：When checking on the CySEC register, we found the regulatory status of Royal Forex changed into under examination for voluntary renunciation of the authorisation.

That means the Royal Forex‘s surrender of license is entirely voluntary based on the company’s decision and does not arise as a result of any regulatory action.

The reasons leading up to this decision remain unclear, but CySEC will certainly maintain supervision over the financial service company until it has taken care of its responsibilities under the license.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

FCA Warns: Beware of the Unlicensed Offshore FX Broker Gainmetafx

VPFX Regulation: LFSA Licensed Forex Broker

VPFX regulation confirmed by Labuan Financial Services Authority (LFSA) license MB/20/0046 in Malaysia. STP broker offers MT5 Forex trading. Check VPFX trustworthiness on WikiFX now.

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Binarycent Regulation: Risk & Uncertainty for Traders

Binarycent lacks forex regulation. Learn why its questionable status raises concerns for traders. Stay informed before engaging with Binarycent Forex.

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All Options Broker Review: Unregulated Forex & Trading Risks

Discover the risks and features of the All Options broker. Learn about its unregulated status and what it means for Forex trading. Get the latest insights!

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₹80 Crore Interstate Cyber Fraud Run by ‘Digital King’ Busted

In another crackdown on an illegal investment operation allegedly carried out by a gang led by a man popularly known as Digital King, the Kanpur police have busted an INR 80 crore interstate cyber fraud, with the help of Naubasta police and Lucknow STF. Upon a close investigation, the fund trail was allegedly found linked to an account operated by Karan Kasera, alias Digital King, and his aide Gulshan Kumar, alias Kaira, in Delhi.

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