The MFSA identifies Clone NSFX as a clone On August 30, 2023, the Malta Financial Services Authority (MFSA) issued a warning against Clone NSFX, identifying this broker as a clone of an MFSA-authorized firm. https://www.mfsa.mt/news-item/mfsa-warning-nsfx-clone/

BrokersView has reviewed that Clone NSFX is an unregulated broker Since the Malta Financial Services Authority (MFSA) has identified Clone NSFX as a clone, its information regarding its regulatory status is unreliable.In essence, Clone NSFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

BrokersView has identified that Clone NSFX's website is currently offline BrokersView found that the domain "https://nsfx.online/" 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.

Is Clone NSFX a scam? Yes, Clone NSFX is a scam.According to the Malta Financial Services Authority (MFSA), Clone NSFX (nsfx.online) is using the details of an MFSA licensed company NSFX (C 56519). Fraudsters are using the details and website contents of this genuine company in an effort to deceive the public. The clone platform even adopts a similar domain name, making it difficult for unsuspecting traders to tell the difference between real and fake. The full MFSA warning can be accessed here.Therefore, Clone NSFX is a scam and poses substantial risks of fraud and identity theft. Investors must avoid it immediately. BrokersView always suggests investors verify a forex broker's licenses at first, a move that mitigates risks. Choosing a fully regulated broker not only helps reduce possibilities of fraud but also provides a recourse from the regulatory bodies if anything goes wrong. View Source