On September 18th, the Financial Conduct Authority (FCA) issued an investor warning notice stating that a company named MATRIXVEST may illegally provide financial services or products to investors without authorization from the FCA

FCA believes that MATRIXVEST may engage in serious illegal activities such as fraudulent investors and illegal fundraising. And warn investors not to engage in any transactions or investments with the company. If they suffer financial losses, they will not be able to use the Financial Appeals Commissioner's services or be protected by the Financial Services Compensation Scheme (FSCS).

The FCA states that under UK law, almost all companies and individuals providing, promoting, or selling financial products or services within the UK must obtain formal authorization from the FCA. But according to FCA investigation, MATRIXVEST has never obtained any form of financial business license from FCA.

The FCA also released detailed information about the platform:

Company Name: MATRIXVEST

Address: Nascot Wood Road, Watford, England, UNITED KINGDOM, WD17 4WE

Email: info@matrixvests.org

Website: https://matrixvests.org

Be cautious, some companies may provide incorrect contact information, including postal address, phone number, and email address, and may change these contact information over time. They may also provide investors with detailed information belonging to other companies or individuals.

In foreign exchange investment, black platforms have always been a cancer in the foreign exchange investment circle, and for foreign exchange investors, the choice of foreign exchange trading platforms is crucial. The most important thing to choose a good foreign exchange trading platform is to choose a safe and reliable platform and say no to unregulated platforms.

WikiFX also calls on investors to be vigilant when conducting investment transactions. When receiving any form of financial transaction or investment advice, they must first verify the standardization and legality of the platform, and do not trust its commercial promises lightly to avoid being deceived.

At present, the official website of the platform can still be accessed normally, which also means that more investors may face potential losses. According to its official website, its product services cover contracts for price differences in foreign exchange, futures, indices, metals, energy, and stocks. In terms of regulation, MATRIXVEST emphasizes being regulated by two major financial regulatory bodies: ASIC (Australian Securities and Investment Commission) AFSL: 436416 and VFSC (Vanuatu Financial Services Commission) No.40356.

Faced with such complex types of regulatory information, it is difficult for ordinary investors to distinguish between true and false, which is time-consuming and laborious to verify. WikiFX can help investors easily identify! WikiFX is a leading third-party foreign exchange industry information service platform in the world. Relying on massive data accumulation and advanced financial technology, we have provided global foreign exchange trader information verification services to over 21 million users in over 180 countries and regions. Provide comprehensive reference for investors from multiple dimensions such as regulatory situation, license qualifications, risk information, credit evaluation, and site exploration, helping them effectively avoid risks.

According to WikiFX query MATRIXVEST, the platform was registered in the UK and was established less than 1 year ago. Clearly mark in the regulatory information column - valid regulatory information has not been verified yet, regulatory licenses are in doubt, and there are doubts about the exhibition area, which poses a high level of risk and hidden danger.

This scoring system comprehensively displays information such as dealer qualifications, user reputation, and industry influence through advanced algorithms and intuitive forms, helping investors reduce decision-making costs. Through Tianyan Scoring, WikiFX presents complex trading situations to global investors in a simple and intuitive manner, helping investors comprehensively understand the reputation and strength of traders, providing an objective, transparent, and fair evaluation standard for the industry, and making the foreign exchange trading environment simpler and safer. The higher the score, the more trustworthy it is. The lower the score, the more vigilant it is! The comprehensive score of MATRIXVEST is only 0.99 out of 10. Given its low rating, investors are advised to stay away from the platform!