CITYINDEX's "repeated award" financial service provider did not have a license to regulate foreign exchange transactions.

Recently, poison tonguejun noticed the number of customer complaints of the securities firm CityIndex increased significantly!The problems involved include: malicious hedging leads to account locking, unable to issue gold, and induced recharge. After various reasons, you cannot get off the gold ... CityIndex may have serious regulatory problems, and may even be suspected of misappropriation of customer funds!

Today, we will conduct an in -depth investigation of CityIndex with Poison Tongjun.

Poisonous tonguejun learned from the publicity on the official website of Cityindex that this is a "repeated award" multi -asset financial service provider. It has 40 years of experience in supporting customers, provides instant and secure global market access, and is StoneXgroupincinc.The subsidiary of.

StoneXgroupinc. It is a global brokerage and financial service company.The service products it provides includes execution, risk management and consulting services, market intelligence and liquidation services.

The supervised company of CityIndex is StoneXFinancialtd, authorized and regulated by the British Financial Behavior Regulatory Authority (FCA), registered number: 446717.

1. The British license belongs to the payment license

Poison Tongue found on the FCA official website of the UK that StoneXFinanCialtd was indeed regulated by FCA, but the license showed that this was a company that was allowed to provide payment services.However, the payment service license is only allowed to provide payment services in the UK, including foreign exchange payment.However, holding this license does not mean that foreign exchange transactions can be performed freely or provided with foreign exchange investment services!

In the UK, foreign exchange trading licenses include: investment company licenses, financial derivative brand licenses, financial trading licenses.However, the specific requirements and restrictions on the license will change according to different situations. Therefore, Poison Tongjun reminds everyone that when conducting transactions, you need to carefully understand the scope of the transaction of the license and the license.

Sure enough, in restrictions, it was clearly marked that the company was banned from conducting any supervisory activities related to binary options for retail customers.

Binary option is a common core structure in financial wealth management products. It belongs to a type of discrete option. The key feature is that it does not have a continuous return model and is different from conventional options.In the process of binary option transactions, if investors can make the right choice, they will have the opportunity to obtain a specific income. Once the selection is wrong, the total amount of investment will be lost.This is very close to the nature of the lottery purchase and the size of the gambling in the casino.

2. Companies that have traded MT4 cannot conduct foreign exchange transactions

Stonexfinancialtd is indeed a company used for real transactions from MT4, but this license can only be supervised and paid, and can only provide payment services to the British market, including payment accounts, payment processing, merchant receipts and remittance services.Essence

Investors see if their account is opened here, if not, they need to be vigilant.

Third, self -developed trading software

Finally, CityIndex also has its own trading software, and promotes: "From 0.3 points for short and short gold, the currency starts from 0.5 points, the index starts at 1.5 points.Programs have entered more than 13,500 markets worldwide. "

However, it should be noted that the difference will change with different market fluctuations and trading time.In actual transactions, there will be a situation that is greater than the minimum point difference in publicity.When choosing a platform and transaction, we must carefully understand and confirm the poor points and other related expenses and conditions to avoid being deceived.

In addition, the harm of the self -developed platform has emphasized many times. For example, funds cannot be guaranteed, the platform can change the background data, set up the rules of gold, not allow you to make money ... If it is still a self -developed trading software on the black platformThe result can be imagined.

Therefore, try to avoid using the platform's self -developed trading software to avoid being deceived by some black platform brokers.

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Truth: 3147677259

Poisonous tongue: 2389671330

Know brother: 2124228721

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