ID MINING displays an incorporation certificate of CLOUD TECHNOLOGY LIMITED, issued by the Companies House (CH), under the company number 09674619. While it is true that corresponding records exist in the CH register, investors should be aware that the CH only serves as a registrar of companies in the UK and has no authority to issue licenses for financial activities. ID MINING, as a forex broker, should obtain authorization from the UK Financial Conduct Authority (FCA) before they can solicit investors. However, our search for this broker in the FCA registry didn't yield any results. This means that ID MINING is operating in the absence of proper authorization.
In essence, ID MINING 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. It is unequivocally a scam.
ID MINING displays an incorporation certificate of CLOUD TECHNOLOGY LIMITED, issued by the Companies House (CH), under the company number 09674619. While it is true that corresponding records exist in the CH register, investors should be aware that the CH only serves as a registrar of companies in the UK and has no authority to issue licenses for financial activities. ID MINING, as a forex broker, should obtain authorization from the UK Financial Conduct Authority (FCA) before they can solicit investors. However, our search for this broker in the FCA registry didn't yield any results. This means that ID MINING is operating in the absence of proper authorization.In essence, ID MINING 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. It is unequivocally a scam.