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Finoptec

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Operating status: SCAM

Website: https://finoperate.com/

Broker violations and abnormal records
  • 2023-05-21 BrokersView has Reviewed that Finoptec is an Unregulated Broker

    According to its website, Finoptec is located in Saint Vincent and the Grannedines, and register number is 25174. However there is no matching information was found in the FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (SVG FSA).

    The truth is that Finoptec 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. Therefore, it is a scam.

    According to its website, Finoptec is located in Saint Vincent and the Grannedines, and register number is 25174. However there is no matching information was found in the FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (SVG FSA).The truth is that Finoptec 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. Therefore, it is a scam.

Related Complaints

Q&A

Is Finoptec a scam company?

usherj
Tahiti
2023-05-31
ANSWER Finoptec is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.Finoptec claims to be operated by Finoptech LTD, a company registered with the Financial Conduct Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 25174. However, no matching records can be found in the SVG FSA registry. This contradictory situation suggests that the provision of investment services by Finoptec is unsupervised by relevant regulatory bodies.Regarding your question, Finoptec is an unlicensed broker with huge risks, including financial losses and identity theft. If dealing with an unlicensed broker, investors will expose themselves to fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like Finopetc and choose fully regulated ones instead.
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