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On July 23, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Börsen Verein Menger stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/boersen-verein-menger/
According to its website, it is located in the Switzerland. Upon investigation, we found that the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Börsen Verein Menger stating that this broker is not supervised.
In essence, Börsen Verein Menger 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.
Börsen Verein Menger appears to be a scam.
On 8 Aug, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Börsen Verein Menger (bv-menger.com), which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_08_05_bv_menger_com_en.html;jsessionid=DE943FD0BD2E00599E83220D663AE13D.internet971
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