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247Marketmasterytraders
On October 17, 2024, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. https://www.fca.org.uk/news/warnings/247marketmasterytraders
On October 17, 2024, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. https://www.fca.org.uk/news/warnings/247marketmasterytradersAccording to its website, the website template used by the company is a commonly used "scam template" that has been marked by Brokersview many times before. In addition, it shows a registration certificate of Companies House (CH). As we all know, it is not possible to exercise foreign exchange by simply registering in CH. In the UK, only the Financial Conduct Authority (FCA) can authorize foreign exchange. However, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. Furthermore, it mentions that the office is located in the United States. Upon investigation, no matching information was found in the National Futures Association (NFA).
In essence, 247Marketmasterytraders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
247Marketmasterytraders appears to be a scam.
According to its website, the website template used by the company is a commonly used "scam template" that has been marked by Brokersview many times before. In addition, it shows a registration certificate of Companies House (CH). As we all know, it is not possible to exercise foreign exchange by simply registering in CH. In the UK, only the Financial Conduct Authority (FCA) can authorize foreign exchange. However, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. Furthermore, it mentions that the office is located in the United States. Upon investigation, no matching information was found in the National Futures Association (NFA).In essence, 247Marketmasterytraders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.247Marketmasterytraders appears to be a scam.
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Risk Warning:
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.
Disclaimer:
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