EvisionFX Review
Reason to avoid: No license
Listed Date: September 4, 2019
Top 3 Forex Brokers
Beware EvisionFX is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- EvisionFX User Reviews
- EvisionFX News
Is EvisionFX Scam or Legit Broker?
It is not safe to trade with a Forex broker EvisionFX. EvisionFX is owned and operated by EvisionFX Group and claims to have offices in Canada, New Zealand, and the United Kingdom. We have checked the company and there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
About EvisionFX
| 🗺️ Registered in | No Registration |
| 🗺️ Type of License | No License |
| 🛡️ Is EvisionFX safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is EvisionFX?
According to the website, EvisionFX is a Leader in the trading market and it provides trading services with a range of assets, including commodities, stocks, currencies, and indices.
- EvisionFX Group claims to be a holding company for several branches: Capital.V Ltd, authorized and regulated by Claims Management Regulator of the UK, A.C.F Ltd., which is authorized and regulated by the Investment Industry Regulatory Organization of Canada, and Morgan.S.F.S Ltd., which authorized and regulated by the Financial Markets Authority OF New Zealand.
- However, the mentioned authorities are not responsible for the forex broker licenses and are not considered regulatory entities. It seems that all the regulatory information provided by EvisionFX is fake and has nothing to do with the real regulators.
- In addition, the broker mentions some other offices that are based in Germany, the Netherlands, and Australia, but there is no information about EvisionFX being regulated by local authorities.
EvisionFX Review Conclusion
We advise all investors and traders to avoid EvisionFX and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and AvaTrade.
EvisionFX Update
Recently EvisionFX website remains inactive and unavailable to reach, meaning the broker mutes its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case they receive trading proposals.
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so sorry to hear what happened to you, but many thanks to you for elighting those who might be the next victim!
this Forex broker is scammers with advanced technique as they are making you a good number on the screen in order to get more and more deposits from the investors while they are trading with almost success trades after that they push you to goto a special kind of accounts which is called BAMM or MAMM after that they trade all of your equity without risk management then you loss all of your money within few days while they make profit from many trades margin and they brokers make many trades for commission.
to summarize the worst experiance i ever met they will not give you any formal paper with your investment as they are not regulated at all. please take care and never invest with this scamming company to not loss your investment such as me.