The Spain CNMV Added Bancfx into Its Warnings On 16 Jan 2023, the Comisión Nacional del Mercado de Valores(CNMV) issued a warning against Bancfx for not being authorized to provide the investment services. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

BrokersView has Reviewed that Bancfx is an Unregulated Forex Broker Bancfx claims to be owned and operated by Ikraso Holdings LTD, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). However, we did not find any match results for this broker in SVG FSA. Besides, SVG FSA does not regulate entities engaging in forex.More importantly, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning against Bancfx for not being authorized to provide the investment services. The truth is that Bancfx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

BrokersView has identified that Bancfx's website is currently offline BrokersView found that the domain "https://46.166.173.124/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Will my deposit be in a segregated account? Is it safe? Bancfx is not a licensed or regulated broker even though it states offers that look good to be true.Bancfx claims to be owned and operated by Ikraso Holdings LTD, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). However, we did not find any match results for this broker in SVG FSA. Besides, SVG FSA does not regulate entities engaging in forex.More importantly, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning against Bancfx for not being authorized to provide the investment services. You can check the full warning from here.The truth is, Bancfx is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Bancfx and trade with licensed brokers. View Source