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On 19 July 2024, the Securities Commission of The Bahamas (SCB) issued a warning against Angelmmr Markets Limited (pehjosf.com & robinhoodrally.com), believing this company might be providing financial services or products without authorisation. You may visit: https://www.scb.gov.bs/wp-content/uploads/2024/07/Public-Notice-No.-7-of-2024-Entities-Not-Regulated-by-the-Securities-Commission-of-The-Bahamas.pdf.
Angelmmr claims to be a broker founded in Australia, and be owned and operated by Angelmmr Markets Limited located in Bahamas, regulated in 9 jurisdictions (FFAJ, CySEC, ISA, IIROC, ADGM/FSGA,CBA, BVIFSC, FSCA,ASIC), and licensed by the Australian Securities and Investment Commission (ASIC), the Securities Commission of The Bahamas (SCB), the Capital Markets Authority (CMA), the Cyprus Securities and Exchange Commission (CySEC), the United Kingdom Financial Conduct Authority (FCA), the Federal Financial Supervisory Authority (BaFin) and the DuBai Financial Services Authority (DFSA), offering wide range of financial services, including Forex, Cryptocurrency, and Indices and more instruments in global markets.
You must know that a broker claims to be regulated by various regulators, but merely citing names of these authorities without providing any licensing details for verification. This is a big warning sign.
We only investigated in some financial regulatory authorities such as the ASIC, SCB, CySEC, FCA, and DFSA, but we didn't find any results. And the SCB issued a warning against Angelmmr Markets Limited (pehjosf.com & robinhoodrally.com), believing this company might be providing financial services or products without authorisation.
The truth is that Angelmmr 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.
Angelmmr is a scam.
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