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SeguroFX
On March 12, 2024, the Financial Authority (Autorité des Marchés Financiers, AMF) added SeguroFX to warning list for it being an unauthorized company engaging in forex activities. https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224
On March 12, 2024, the Financial Authority (Autorité des Marchés Financiers, AMF) added SeguroFX to warning list for it being an unauthorized company engaging in forex activities. https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224According to its website, SeguroFX.com is a trading name of Falcon Ltd, Falcon Ltd is incorporated and registered under the Laws of the Republic of the Marshall Islands with registration number 122260. Upon invesitgation, we found the company's information on the Marshall Islands Registry (IRI), but it is worth noting that IRI is only a registration institution and does not have regulatory effect, so even if there is an IRI certificate, it cannot be used as an effective guarantee for the exercise of foreign exchange rights.
In addition, the Financial Authority (Autorité des Marchés Financiers, AMF) added SeguroFX to warning list for it being an unauthorized company engaging in forex activities.
In essence, SeguroFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
SeguroFX appears to be a scam.
According to its website, SeguroFX.com is a trading name of Falcon Ltd, Falcon Ltd is incorporated and registered under the Laws of the Republic of the Marshall Islands with registration number 122260. Upon invesitgation, we found the company's information on the Marshall Islands Registry (IRI), but it is worth noting that IRI is only a registration institution and does not have regulatory effect, so even if there is an IRI certificate, it cannot be used as an effective guarantee for the exercise of foreign exchange rights.In addition, the Financial Authority (Autorité des Marchés Financiers, AMF) added SeguroFX to warning list for it being an unauthorized company engaging in forex activities. In essence, SeguroFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.SeguroFX appears to be a scam.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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