Working without a license happens to be something the whole world shuns at. This is because working without a license gives you a higher chance of escaping with Traders funds without being questioned. A proof to show that the community shuns at this is the fact that even Chrome doesn't allow such a platform to be loaded as there would be a notification telling you the page is unsafe and asking you if it should still go ahead.
The exchange platform I would be reviewing today happens to be among one of the many unregulated exchange platform from the country of Russia. This exchange platform is known as the NIX-E exchange platform. Presently, the exchange platform don't function anymore and is marked as dead due to the fact that they haven't submitted their trading volume to Coinmarketcap and CoinGecko.