Sure X operates under the name "Sure Bit International Pte Ltd" or "Sure Bit International Ltd."
The SFC warned that despite appearing inaccessible, investors might still find ways to access Sure X's websites and trading platform.
Hong Kong's financial regulator has warned the public about an unlicensed virtual asset trading platform that is suspected of marketing services to investors without proper authorization. The Securities and Futures Commission (SFC) cautioned
investors against trading on Sure X, highlighting the risks of potential losses
due to platform failure, hacking, or misappropriation of assets.
Sure X Added to SFC's Alert List
Sure X is a virtual asset trading platform operating
under various names, such as "Sure Bit International Pte Ltd" or "Sure Bit
International Ltd." The SFC warned that investors might still find ways to
access Sure X's websites and trading platform despite appearing to be
inaccessible.
The regulator wrote: "While Sure X's platform websites
appear to be inaccessible, the SFC notes that Hong Kong investors, through
other means via the internet, may still be able to access the websites and/or
the purported trading platform and register as new users."
Source: SFC
Last month, the SFC raised concerns about two other cryptocurrency trading platforms, HKCEXP and EDY, due to suspected
fraudulent activities. According to a report by Finance Magnates, the regulator's investigation revealed that EDY falsely claimed affiliation with a financial institution in Hong Kong and a digital token system.
Moreover, investors
reported difficulties withdrawing funds from the platform, indicating potential
malpractice. Similarly, HKCEXP is suspected of operating with a fake Hong Kong
address and falsely presenting itself as an "SFC-registered company." Thus, the securities watchdog warned investors against paying hefty fees to the platform to facilitate withdrawals.
Hong Kong Tightens Crypto Regulations
Additionally, the SFC warned about Bybit, a
cryptocurrency exchange purportedly operating without the necessary licensing in Hong Kong.
The regulator mentioned that Bybit's suspected unauthorized products, including
futures contracts and leveraged tokens, pose significant financial risks to
investors.
In the aftermath of the scandal involving JPEX, the
SFC is taking decisive action to safeguard investors. The regulator has rolled out a
comprehensive set of measures aimed at enhancing transparency, bolstering
public awareness, and tightening regulations surrounding crypto trading
platforms.
Hong Kong's foray into retail cryptocurrency trading
in June 2023 brought with it a surge in opportunities for investors. However,
it exposed vulnerabilities in the regulatory framework, particularly
regarding unlicensed trading platforms.
To address this, the SFC published a detailed
list of licensed Virtual Asset Trading Platforms on its website. Besides that, the watchdog is conducting a public awareness campaign to educate
individuals about protecting themselves from potential fraud.
Hong Kong's financial regulator has warned the public about an unlicensed virtual asset trading platform that is suspected of marketing services to investors without proper authorization. The Securities and Futures Commission (SFC) cautioned
investors against trading on Sure X, highlighting the risks of potential losses
due to platform failure, hacking, or misappropriation of assets.
Sure X Added to SFC's Alert List
Sure X is a virtual asset trading platform operating
under various names, such as "Sure Bit International Pte Ltd" or "Sure Bit
International Ltd." The SFC warned that investors might still find ways to
access Sure X's websites and trading platform despite appearing to be
inaccessible.
The regulator wrote: "While Sure X's platform websites
appear to be inaccessible, the SFC notes that Hong Kong investors, through
other means via the internet, may still be able to access the websites and/or
the purported trading platform and register as new users."
Source: SFC
Last month, the SFC raised concerns about two other cryptocurrency trading platforms, HKCEXP and EDY, due to suspected
fraudulent activities. According to a report by Finance Magnates, the regulator's investigation revealed that EDY falsely claimed affiliation with a financial institution in Hong Kong and a digital token system.
Moreover, investors
reported difficulties withdrawing funds from the platform, indicating potential
malpractice. Similarly, HKCEXP is suspected of operating with a fake Hong Kong
address and falsely presenting itself as an "SFC-registered company." Thus, the securities watchdog warned investors against paying hefty fees to the platform to facilitate withdrawals.
Hong Kong Tightens Crypto Regulations
Additionally, the SFC warned about Bybit, a
cryptocurrency exchange purportedly operating without the necessary licensing in Hong Kong.
The regulator mentioned that Bybit's suspected unauthorized products, including
futures contracts and leveraged tokens, pose significant financial risks to
investors.
In the aftermath of the scandal involving JPEX, the
SFC is taking decisive action to safeguard investors. The regulator has rolled out a
comprehensive set of measures aimed at enhancing transparency, bolstering
public awareness, and tightening regulations surrounding crypto trading
platforms.
Hong Kong's foray into retail cryptocurrency trading
in June 2023 brought with it a surge in opportunities for investors. However,
it exposed vulnerabilities in the regulatory framework, particularly
regarding unlicensed trading platforms.
To address this, the SFC published a detailed
list of licensed Virtual Asset Trading Platforms on its website. Besides that, the watchdog is conducting a public awareness campaign to educate
individuals about protecting themselves from potential fraud.
“Third-Party Dependencies Are the Biggest Friction for Stablecoins,” Insight from FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
