FUNDING (www.funding-mx.com) is a forex broker with a domain name registered on December 20, 2023. The company primarily offers trading services for forex, stocks, futures, energy, precious metals, and cryptocurrencies to investors. Its headquarters is located in London. This broker does not provide services to jurisdictions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status:
According to publicly available information on FUNDING's (www.funding-mx.com) website, the full name of the broker is FUNDING INVESTMENT GROUP LIMITED, registered with the Companies House in the UK. The entity is also registered with the Financial Crimes Enforcement Network (FinCEN) in the United States.
Upon verification, no company named FUNDING INVESTMENT GROUP LIMITED was found registered with the UK Companies House. However, the FinCEN website does list a registered entity with the same name as the broker, with MSB number 31000244150150. However, the mission of FinCEN is to protect the financial system from illicit use, combat money laundering and related crimes (including terrorism), and promote national security through the strategic use of financial authorities and financial intelligence collection, analysis, and dissemination. It does not regulate the normal trading of financial derivatives.
Account Opening:
To open an account on funding-mx.com: Visit the broker's official website, click on the "Register" button on the homepage or at the top right corner of the page, and follow the instructions to fill in your email address and set up a password. Once the application is submitted, your account will be successfully registered.
Trading Products:
Funding-mx.com offers a variety of trading products, including forex, precious metals, energy, indices, and cryptocurrencies.
- Forex: The most liquid market globally, with major currency pairs including USD, EUR, JPY, and GBP, influenced by global economic conditions and central bank policies.
- Precious Metals: Such as gold and silver, often viewed as safe-haven assets during economic instability.
- Energy: Includes commodities like crude oil and natural gas, with prices influenced by supply and demand changes and geopolitics.
- Indices: Trading in stock indices like the S&P 500 and NASDAQ, reflecting overall market performance and often used for risk hedging.
- Cryptocurrencies: Including Bitcoin and Ethereum, characterized by high market volatility influenced by market sentiment and policies.
Trading Account Information:
The website funding-mx.com does not disclose information such as spreads, trading leverage, margin call and stop-out levels, account types, trading commissions, minimum/maximum trade volumes, maximum position/order sizes, and minimum price precision.
Trading Platform:
Funding-mx.com provides its own proprietary trading platform to its users.
Deposits and Withdrawals:
Funding-mx.com does not specify the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its website.
Conclusion:
Traderknows advises investors that FUNDING (www.funding-mx.com) is a financial derivatives trading broker with unclear company registration information and a lack of effective regulation. The website offers only email as a means of contact, which is highly limited.
Investors are recommended to choose brokers with transparent information, strong regulation, and good reputations to conduct investment and trading activities, thereby avoiding unnecessary loss of their assets.
