The UK FCA issued a warning against COINSFLUX LIMITED On July 14, 2023, the Financial Conduct Authority (FCA) issued a warning against COINSFLUX LIMITED, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/coinsflux-limited
COINSFLUX LIMITED
VisitRisk Level - High
COINSFLUX LIMITED
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that COINSFLUX LIMITED is an unregulated broker COINSFLUX LIMITED claims that it is regulated by the Australian Securities and Investment Commission (ASIC) under license number 005182/8954. However, the license number of ASIC are limited to a maximum of 9 characters. Therefore, the license number COINSFLUX LIMITED claims is a sham.COINSFLUX LIMITED also displays logos of Financial Commission and the U.S. Securities and Exchange Commission (SEC) to imply its association with these two agencies. However, no records can be found in the registers of both agencies.Additionally, the Financial Conduct Authority (FCA) has issued a warning against COINSFLUX LIMITED, cautioning investors of this unauthorized firm.In essence, COINSFLUX LIMITED 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 COINSFLUX LIMITED's website is currently offline BrokersView found that the domain "https://coinfluxlimited.net/" 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.
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