According to the FSC, Nano 4x isn't moving from FSC to another regulator. According to the FSC, Nano4x never was licensed by the FSC.
"The FSC informs the public that Nano4x Limited is not and has not, at any time, been regulated by the FSC."
Can you please clarify Nano4x's view of whether or not it ever held an FSC license?
Hello again. Yes, I can clarify regarding situation.
First of all I would like to tell that we started retail FX brokerage only in 2011. Before 2011, we worked only with corporates and used panamian company, till we started retail FX. To work with private clients, we decided to get license with Mauritius FSC. So we connected with a law firm and started process. We received a license through the law firm, which at the end of 2011 ceased to exist. According to the results of the investigation, was established the fact of multiple fraudulent operations, in this law firm. The owners of the company, its offices, contacts - all hidden from our eyes and from local police.
In spite of this bad situation, we continue to use panamian company and started many new services. Also after summer we will have registration with fsc, more respected than Panama Ministry of Commerce. But.... I need to say, that most european banks (we have 80% clients from EU), work with panamian company without problems.
Further, it's sad that Nano4x ignored an invitation to participate in the discussion. That sort of thing tends to lead to guilty verdicts.
We never ignored your invitation. Your emails were found in spam folder, and regarding situation on FPA, we heard only from one of our malay IB's. So I m here. For now emails from FPA in white list, but I hope there will be only letters with happy news.
As long as you are throwing out a bankruptcy question to FxOpen, care to answer the same question?
We working with same scheme with our clients. Hard copies of agreement and segregated accounts. With most big clients we working with bank guarantees. Also we providing credit services for big clients.
