According to its website, it claims to be a reliable broker but does not display any valid regulatory information on the website. At the same time, it does not display important information such as the company address. This is a very dangerous signal.
In addition, the Ontario Securities Commission (OSC) issued a warning that Verbex Group was providing financial services or products without authorisation.
In essence, Verbex Group 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.
Verbex Group appears to be a scam.
According to its website, it claims to be a reliable broker but does not display any valid regulatory information on the website. At the same time, it does not display important information such as the company address. This is a very dangerous signal.In addition, the Ontario Securities Commission (OSC) issued a warning that Verbex Group was providing financial services or products without authorisation.In essence, Verbex Group 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.Verbex Group appears to be a scam.