TIXfx Review (2023)

Founded
2018
Avoid Reason
No License

About TIXfx
🗺️ Registered in St. Vincent and the Grenadines
🗺️ Type of License Offshore License
🛡️ Is TIXfx safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker GO Markets - licensed by ASIC in Australia

The company Jedi Marketing ltd that operates the TIXfx brand and tixfx.com domain globally except within the European Economic Area uses TIXfx trading name. However, the company mentions its location of office address in London, UK while is not authorized by the local agency FCA (Financial Conduct Authority). Important to mention that to operate as a financial investment firm in the UK, an FCA license is a mandatory act, therefore any other firm is not legit.

In addition to that, while researching TIXfx brand, we found the company located in St. Vincent and the Grenadines, an offshore zone which does not implement strictest rules for the company established. Therefore, it all looks like TIXfx is an offshore, non-regulated broker that mislead about its addresses and legislation, thus we do not advise trading with them.

A general offering of the broker includes proposals to retail and institutional trader while according to the abovementioned and as the firm not obliged to any regulation, there is no trust how exactly the service will be delivered. This is the reason we advise to choose only Regulated Forex Brokers.

Moreover, as a part of the investors warning the world industry authorities constantly check on the market offering while issuing warnings available to the public. Since TIXfx targets worldwide clients without its legal approval, the company appeared in various black-lists and even a few times, while partnering authorities followed the alert to warn the clients.

“The National Commission for Companies and the Stock Exchange (CONSOB) reports that the companies Tix Group Ltd and Jedi Marketing Ltd are not authorized to provide investment services and business in Italy in any way”

CONSOB, Italy. October, 2018

Conclusion

We advise all investors and traders avoid TIXfx and other unregulated and offshore brokers. Traders should trade with well-regulated brokers such as UK brokersor brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

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