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PepperStoneVIP
On November 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website pepperstone.life, stating the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_25_pepperstone_life_en.html;jsessionid=C68AA6E09BCDFC9B652D4C183ACF6BC6.internet971
On November 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website pepperstone.life, stating the operator is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_25_pepperstone_life_en.html;jsessionid=C68AA6E09BCDFC9B652D4C183ACF6BC6.internet971According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).
In addition, it claims to be regulated by Federal Financial Supervisory Authority (BaFin). However, we found that the Federal Financial Supervisory Authority (BaFin) warned consumers about the website pepperstone.life, stating the operator is providing financial and investment services on this website without the required authorization.
In essence, PepperStoneVIP 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. PepperStoneVIP appears to be a scam.
According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, it claims to be regulated by Federal Financial Supervisory Authority (BaFin). However, we found that the Federal Financial Supervisory Authority (BaFin) warned consumers about the website pepperstone.life, stating the operator is providing financial and investment services on this website without the required authorization. In essence, PepperStoneVIP 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. PepperStoneVIP appears to be a scam.
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