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Momentum Pro Capitals
On November 14, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warnin against Momentum Pro Capitals for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_12_momentumprocap_en.html
On November 14, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warnin against Momentum Pro Capitals for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_12_momentumprocap_en.htmlThe website of Momentum Pro Capitals seems to be relatively new, with its domain registered recently in February 2024. There is no useful company or licensing information to substantiate the company's legitimacy. This is a major red flag. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Momentum Pro Capitals for the lack of the required authorization.
In essence, Momentum Pro Capitals is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Momentum Pro Capitals appears to be a scam.
The website of Momentum Pro Capitals seems to be relatively new, with its domain registered recently in February 2024. There is no useful company or licensing information to substantiate the company's legitimacy. This is a major red flag. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Momentum Pro Capitals for the lack of the required authorization.In essence, Momentum Pro Capitals is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Momentum Pro Capitals appears to be a scam.
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