SenX Globle is a UK-based Forex broker that provides investors with trading services in forex, commodities and indices. According to SenX Globle's website, it is regulated or authorized by the National Futures Association (NFA) and the Cyprus Securities and Exchange Commission (CySEC). A search on the websites of the National Futures Association (NFA) and the Cyprus Securities and Exchange Commission (CySEC) revealed that the company's regulatory or authorization information on NAF and CySEC was false.
Company background:
According to SenX Globle's website, the company is incorporated in the UK. However, the UK's Companies House website did not find any registration information relating to the company, suggesting that the information that the company was registered in the UK was false. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on October 29, 2023, and the domain name registration time is not more than 1 year ago.
Account Registration:
According to SenX Globle's website, the company provides investors with a link to register for a real account. The way to register a real account is: Click "Register" in the upper right corner of the official website of SenX Globle, or "START TRADING" or "OPEN ACCOUNT" on the right side of the home page of Gzgatc. After entering the page of product quotation and trend, click "Register" in the upper right corner of the page. Fill in the Email, password and verification code as required and click Register. Fill in the Email and password as required and click Login. Click the registered Email in the upper right corner of the page to enter the account center. Upload the ID document, fill in your name and ID document number, and click "Confirmation" to complete the real account registration. SenX Globle official website account registration page is available in traditional Chinese, English, German, Spanish, Japanese, Indonesian. However, the SenX Globle website does not provide a link to sign up for a demo account.
Account Type:
SenX Globle's website does not provide information on the type of trading account.
Trading Products:
According to the official website of SenX Globle, the company provides investors with foreign exchange, commodities and index trading services. In addition, although SenX Globle provides specific trading products covered by forex, commodities and indices in the "User Center", the SenX Globle official website does not provide information such as commission, spread, minimum trading unit, maximum trading unit and overnight interest for specific trading products.
Margin ratio:
SenX Globle only provides margin (leverage) ratio of 1:100 for index products in "Trading products", but does not provide margin (leverage) ratio information for all trading products covered by forex, commodities and indexes.
Trading Hours:
The official website of SenX Globle does not provide information on the trading hours of specific trading products covered by Forex, commodities and indices.
Deposits and Withdrawals:
The official website of SenX Globle does not provide information on the channels or methods of deposit and withdrawal supported by SenX Globle, nor does it provide information on the currencies it supports, as well as the time of deposit and withdrawal and the fees for deposit and withdrawal.
Trading Software:
The SenX Globle website does not provide information on the trading software.
Regulatory information:
According to SenX Globle's website, the company is regulated or authorized by the National Futures Association (NFA) and the Cyprus Securities and Exchange Commission (CySEC). However, a query by the National Futures Association (NFA) revealed that the company is not a member of the National Futures Association (NFA) and is not regulated or authorized by the NFA. The Cyprus Securities and Exchange Commission (CySEC) website did not find any regulatory or authorisation information relating to the company.
Summary:
SenX Globle is suspected of fraud. On the one hand, the official website of SenX Globle does not provide information on account types, trading products, deposits and withdrawals, trading software, etc. On the other hand, SenX Globle's website shows that it is registered in the UK, but the UK Companies House website does not find any registration information related to the company, indicating that the company is registered in the UK information is false. More importantly, SenX Globle's website indicates that it is regulated or authorized by the National Futures Association (NFA) and the Cyprus Securities and Exchange Commission (CySEC). However, a query by the National Futures Association (NFA) revealed that the company is not a member of the National Futures Association (NFA) and is not regulated or authorized by the NFA. The Cyprus Securities and Exchange Commission (CySEC) website did not find any regulatory or authorisation information relating to the company. Judging from this, SenX Globle is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
