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Economy

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Operating status: SCAM

Website: https://economy.lu

Broker violations and abnormal records
  • 2024-04-27 BrokersView has Reviewed that Economy(https://economy.lu) is an Unregulated Broker

    Economy(https://economy.lu) claims to be a broker, offering wide range of financial services, including Forex, Stocks, Indices, Commodity, Cryptocurrencies and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. 

    The truth is that Economy(https://economy.lu) is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Economy(https://economy.lu) is a scam.

    Economy(https://economy.lu) claims to be a broker, offering wide range of financial services, including Forex, Stocks, Indices, Commodity, Cryptocurrencies and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. The truth is that Economy(https://economy.lu) is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Economy(https://economy.lu) is a scam.

Related Complaints

Q&A

What is the excution mode of Economy?

Michalis Economides
Belarus
2024-04-29
ANSWER Investing in Economy may not be a secure option for investors. The trading platform has not disclosed any information regarding its regulatory status, which is a significant red flag. It purports to have offices in the UK and Estonia, yet there's no evidence of registration with any pertinent financial regulator.Given these circumstances, we strongly advise investors to steer clear of Economy to safeguard their funds from potential fraudulent activities. It's crucial to ascertain the legitimacy of a trading platform before investing. We invite investors to consult our Broker List, which offers comprehensive reviews about various brokers, aiding investors in gaining a thorough understanding.
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