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Fundovix operates as an unregulated platform, meaning it lacks oversight from major financial authorities like the FCA, CySEC, or ASIC. Despite claiming a financial license from the Mauritius Financial Services Commission (FSC), this claim has not been independently verified, raising concerns about the platform’s credibility. The lack of regulation increases the risk for traders, as they lack the protections that come with dealing with regulated brokers. From my experience, choosing a regulated broker is crucial for protecting your funds and ensuring a secure trading environment. Therefore, I would recommend proceeding with caution when trading with Fundovix.