MALDOFX claims to be operated by MALDO FX LLC, a company supposedly incorporated under registered number 2259 LLC 2022 issued by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, our search for this company in the SVG FSA register didn't yield any matching results. Additionally, the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage, nor does it regulate entities involved in such activities.
In essence, MALDOFX 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.
MALDOFX claims to be operated by MALDO FX LLC, a company supposedly incorporated under registered number 2259 LLC 2022 issued by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, our search for this company in the SVG FSA register didn't yield any matching results. Additionally, the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage, nor does it regulate entities involved in such activities.In essence, MALDOFX 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.