Before choosing a trader, many investors know the importance of reviewing the regulatory license of the platform, but don't think that everything is OK after the first step! It is important to know that traders' regulatory information may change at any time, and investors should continue to pay attention to their regulatory developments.

FX110 network check found that in May there were 8 dealer license status cancellation, of which 3 are the cancellation of CySEC license, 5 cancel the British FCA license. The specific change list is as follows:

1. eXcentral

Type of change: Cyprus CySEC licence changed from "under supervision" to "under cancellation"

It is worth noting that at present, the platform has no regulatory license, there is a huge risk, and investors are advised to stay away.

2. OvalX

Type of change: Cyprus CySEC licence changed from "under supervision" to "under cancellation"

Please note that the platform does not have other regulatory licenses, there are certain risks, investors are advised to be vigilant.

3. Profitlevel

Type of change: Cyprus CySEC licence changed from "under supervision" to "under cancellation"

Please note that the platform does not have other regulatory licenses, there are certain risks, investors are advised to be vigilant.

4. Gmo Global Financial (Hong Kong)

Type of change: UK FCA licence changed from "under supervision" to "under cancellation"

At present, GMO Global Financial (Hong Kong) also has Hong Kong SFC leveraged financial derivatives brand photos.

5. City Credit Capital

Type of change: UK FCA licence changed from "under supervision" to "under cancellation"

Please note that the platform does not have other regulatory licenses, there are certain risks, investors are advised to be vigilant.

6. ETXcapital

Type of change: UK FCA licence changed from "under supervision" to "under cancellation"

Please note that the platform does not have other regulatory licenses, there are certain risks, investors are advised to be vigilant.

7. TFI Markets

Type of change: UK FCA licence changed from "under supervision" to "cancelled"

At present, the platform also holds Cyprus CySEC and France AMF licenses.

8. EverFX

Type of change: UK FCA licence changed from "under supervision" to "cancelled"

Currently, the platform also holds a CySEC license in Cyprus.

Reminder: even if the platform is said to be far less than the safety of the license, so before gold must carefully investigate the qualifications of traders, carefully verify the information of each trader, and always be vigilant in the investment process. If you are unable to judge the forex platform, you can also submit a consultation on FX110 network, we will check for you free of charge.