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Foxmngt
On February 19, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Foxmngt, which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_02_15_foxmngt_en.html
On February 19, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Foxmngt, which is offering financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_02_15_foxmngt_en.htmlAccording to its website, it claims regulated by EU by the Financial Certification Organization. Upon investigation, no matching information was found in the European Securities and Markets Authority (ESMA). In addition, foxmngt.com is owned and operated by Netming Limited, a company based and registered in the United Kingdom. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).
Furthermore, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Foxmngt, which is offering financial and investment services without the required authorization.
In essence, Foxmngt is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Foxmngt appears to be a scam.
According to its website, it claims regulated by EU by the Financial Certification Organization. Upon investigation, no matching information was found in the European Securities and Markets Authority (ESMA). In addition, foxmngt.com is owned and operated by Netming Limited, a company based and registered in the United Kingdom. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).Furthermore, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered by the company Foxmngt, which is offering financial and investment services without the required authorization.In essence, Foxmngt is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Foxmngt appears to be a scam.
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