Basic Information
Pros and Cons
Pros
- Regulated by CySEC
- Strong customer service
- Comfortable trading environment
Cons
- Limited market offerings
- Concerns about transparency
- Withdrawal issues reported
Is Eurivex Safe and Legit?
Eurivex Ltd, established in 2009, is a Cyprus-based investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 114/10. The broker specializes in facilitating the listing of shares, bonds, and derivatives on EU stock exchanges, primarily utilizing the Vienna MTF platform, with various trading conditions such as competitive spreads and leverage options tailored to institutional clients.
Eurivex is legally operating under CySEC regulations, which provides a level of safety for traders. However, the broker has faced scrutiny regarding its transparency and limited market offerings, which may affect its overall perception in the trading community.
Market feedback indicates that Eurivex is generally regarded as a reliable broker, with users highlighting its strong customer service and comfortable trading environment. Nevertheless, some concerns have been raised regarding the ease of withdrawals and the broker’s transparency, with a few negative assessments suggesting that potential clients should conduct thorough due diligence before engaging with the platform.
Is Eurivex a Regulated Broker?
What Are the Regulatory Licenses Held by Eurivex?
Eurivex Ltd is a regulated investment firm based in Cyprus, holding a license from the Cyprus Securities and Exchange Commission (CySEC). The broker operates under license number 114/10, ensuring compliance with relevant regulations. This regulatory oversight provides a degree of safety for traders, although the firm has faced scrutiny regarding transparency and limited market offerings. Overall, Eurivex is recognized as a legitimate broker within the confines of its regulatory framework, and it does not operate under any offshore licenses.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Client funds at Eurivex are held in independently regulated bank accounts, separate from the broker’s own assets, ensuring protection against the firm’s financial difficulties. This segregation of funds complies with CySEC regulations, contributing to a safer trading environment for clients.
Eurivex Leverage
Eurivex offers leverage options that adhere to local regulatory requirements for both retail and professional clients. The leverage provided is consistent with the maximum multiples allowed under CySEC regulations, ensuring compliance while catering to the varying needs of its client classifications.
Eurivex Withdrawal Review
How to Contact Eurivex?
Eurivex has encountered some complaints primarily concerning withdrawal issues. Users have expressed concerns about the ease and timeliness of fund withdrawals, with feedback indicating that these issues could affect the broker’s reputation. Credible sources of complaints include user reviews and trading forums, where negative experiences are shared. Eurivex reportedly addresses complaints through its customer service, although response times may vary. While there are some repetitive complaints regarding withdrawals, there is no indication of large-scale regulatory penalties or warnings against the broker. Overall, there is a low volume of complaints, suggesting that Eurivex remains a legitimate firm within its regulatory framework.
Frequently Asked Questions
A1: Yes, Eurivex is a legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 114/10. This regulatory oversight ensures compliance with local regulations, contributing to a safer trading environment for clients.
A2: Client funds at Eurivex are held in independently regulated bank accounts, separate from the broker’s own assets. This segregation of funds complies with CySEC regulations, providing a degree of protection against the firm’s financial difficulties.
A3: Eurivex has faced some complaints regarding withdrawal issues, with users expressing concerns about the ease and timeliness of fund withdrawals. While there are reported issues, there is no evidence of large-scale regulatory penalties against the broker.
A4: Eurivex offers multiple contact channels for client support, including email at info@eurivex.com. Additionally, clients can reach out through their official website for any inquiries or assistance needed.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.