FinanBelt claims to be a trusted broker without presenting its regulation or any other information that can trace this broker, such as address and telephone number. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Moreover, the France Autorité des Marchés Financiers (AMF) issued a warning that FinanBelt is not authorized to provide forex services in France.
The truth is that FinanBelt is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
FinanBelt claims to be a trusted broker without presenting its regulation or any other information that can trace this broker, such as address and telephone number. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the France Autorité des Marchés Financiers (AMF) issued a warning that FinanBelt is not authorized to provide forex services in France.The truth is that FinanBelt is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.