Funding-mx.com is a forex broker whose official domain name was registered on December 20, 2023. The company provides investors with trading services for financial derivatives such as forex, stocks, futures, energy, precious metals, and cryptocurrencies. Its headquarters is located in London. This broker does not offer services to jurisdictions where local laws or regulations might be violated.
Business Registration and Regulatory Status:
According to publicly available information, Funding-mx.com is officially known as FUNDING INVESTMENT GROUP LIMITED and is registered with the UK's Companies House. Additionally, this entity is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States.
Upon verification, Companies House in the UK does not list a company named FUNDING INVESTMENT GROUP LIMITED. However, FinCEN's website indicates a registered company with the same name as this broker, with the MSB number 31000244150150. It should be noted that FinCEN's mission is to protect the financial system from illegal use, combat money laundering and related crimes (including terrorism), and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence. FinCEN does not regulate the normal trading of financial derivatives.
Furthermore, the broker's website design and content are strikingly similar to those of other brokers such as HCJT GROUP, KFCP, XZDL GLOBAL, Ylehub FX, Tokyo Metal, and Gffxx.
Account Opening:
To open an account with Funding-mx.com: visit the broker's official website, click on "Register" on the homepage or the top right corner of the page, fill in your personal email address and set a password as required, and submit. Your account will be registered successfully after submission.
Trading Account Information:
The Funding-mx.com website does not disclose information about spreads, trading leverage, margin call/stop-out levels, account types, trading commissions, minimum/maximum trading volumes, maximum positions/orders, or minimum price precision.
Trading Platform:
Funding-mx.com offers a self-developed trading platform to its users.
Deposits and Withdrawals:
Funding-mx.com does not clearly disclose on its website the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts.
Summary:
Trading Circle advises investors that Funding-mx.com is a financial derivatives broker with unclear business registration information and no effective regulation. The website can only be contacted via email, which is quite limited. Additionally, its website design and content are based on the same template used by brokers like HCJT GROUP, KFCP, XZDL GLOBAL, Ylehub FX, Tokyo Metal, and Gffxx. Trading Circle recommends that investors choose brokers with transparent information, strong regulation, and good reputation for investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on TraderKnows.
