The UK's Financial Conduct Authority (FCA) has issued its first warning against AIFXHOLDING, warning investors to be wary of dealing with the unauthorised company.

The FCA warns that AIFXHOLDING offers financial services or products in the UK without our authorisation and if you suffer a loss of funds you will not be able to use the Financial Ombudsman services or be protected by the Financial Services Compensation Scheme (FSCS).

Here are some more details about the platform:

Unauthorized company - AIFXHOLDING

Address: 20 Gresham Street, Fourth Floor, London, UNITED KINGDOM EC2V 7JE

Email: support@aifxholding.com

Website: www.aifxholding.com

The AIFXHOLDING platform website is still accessible, which means that more investors may face potential losses.

According to the website of the platform, AIFXHOLDING is a global multi-asset CFD broker that provides clients with fast and powerful CFDS trading services for Forex, indices, commodities and equities.

In terms of trading software, customers can access market coverage through the MetaTrader 4 and MetaTrader 5 platforms as well as WebTrader and mobile apps.

AIFXHOLDING claims to discover trading opportunities and instant access to more than 1,000 assets on desktop and mobile apps through AIFXHOLDING. Metatrader's MT4 and MT5 platforms are user-friendly and mobile compatible, making them ideal for new and established traders who want to enter the market anytime, anywhere. Experience trading features such as multiple order types, chart types, and trading and analysis tools. MT4 and MT5 mobile apps available on iOS and Android. Start trading Download MT4 and make your first deposit with a minimum amount of just $10. The transaction process is also simple and convenient.

In addition, AIFXHOLDING states at the bottom of the webpage that the AIFXHOLDING Group is represented by the following entities and coordinated by different jurisdictions.

AIFXHOLDING Pty Limited is regulated by the Australian Securities and Investments Commission (ASIC) under representative number AFS 1278600 and AFS Licence number 435746. Address: 103 566 St Kilda Rd Melbourne VIC

3002. AIFXHOLDING LLC is incorporated by a registrar under the registration number 328 LLC 2022 Limited Companies, LLC registered by the Financial Services Authority of Saint Vincent and the Grenadines and the National Futures Association (ID: 0539713). Address: First floor of the Bank building. First St Vincent, James Street, Kingstownsen Vincent and the Grenadines.

But the ASIC website couldn't find any information at all. The Financial Services Authority of Saint Vincent and the Grenadine (FSA) does not regulate, supervise, regulate or license IBCs engaged in forex trading or broking, nor does it enforce any laws in this area. In addition, offshore brokers are not subject to any transaction reporting requirements, which makes activities such as money laundering, tax evasion, and other types of financial fraud much easier, while putting investors at greater risk.

Faced with such complex types of information, it is difficult for the average investor to distinguish between true and false, and verification is time-consuming and laborious.

As a global corporate financial information query tool, Forex Skyeye is known as "the Skyeye of the Forex industry", and the number of dealers currently included is nearly 40,000, and the supervision of more than 30 countries, and supports 11 languages. In addition to providing basic information query, regulatory license query, credit evaluation, platform identification and other services for included foreign exchange trading platforms. There are also many functions such as exposure, mediation, black platform summary, and investment information, so that investors can fully and timely understand the information of the foreign exchange industry. Allows investors to easily identify the reliability of the platform!