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Pip Signal

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Operating status: SCAM

Website: https://pipsignal.org/

Broker violations and abnormal records
  • 2023-05-07 BrokersView has reviewed that Pip Signal is an unregulated broker

    Pip Signal's failure to disclose any details about its regulatory status raises suspicions about its legitimacy and transparency. It is typical for legitimate brokers to prominently display their accreditation and licenses, whereas Pip Signal doesn't provide such information. This is a red flag. In addition, although this broker claims to be located in the United States, we searched the National Futures Authority (NFA) website yet found no records of its existence. Brokers operating legally in the US, as required by law, must seek authorization first from the NFA. This means that any offering of financial services or products by Pip Signal is illegal.

    In essence, Pip Signal 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.

    Pip Signal's failure to disclose any details about its regulatory status raises suspicions about its legitimacy and transparency. It is typical for legitimate brokers to prominently display their accreditation and licenses, whereas Pip Signal doesn't provide such information. This is a red flag. In addition, although this broker claims to be located in the United States, we searched the National Futures Authority (NFA) website yet found no records of its existence. Brokers operating legally in the US, as required by law, must seek authorization first from the NFA. This means that any offering of financial services or products by Pip Signal is illegal.In essence, Pip Signal 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.

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Q&A

I wanna know about Pip Signal's regulation plz.

NattyThita
Chile
2023-05-15
ANSWER Pip Signal is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.It is typical for legitimate brokers to display their accreditation and licenses prominently, whereas Pip Signal doesn't provide such information, raising doubts about its legitimacy. This is a red flag. Given it purporting to be located in the US, we searched for the company in the registry of the National Futures Authority (NFA), the governing body empowered to regulate futures and derivatives markets in the US, but found no records matching it. This means that Pip Signal is not subject to any regulations.Regarding your question, Pip Signal is a non-regulated broker. Entrusting this broker with your funds or personal details could be financially and personally devastating, as there are no legal protections in place to protect investors from significant risks including loss of funds and identity theft. Therefore, to avoid such risks, we strongly suggest investors stay away from unlicensed brokers like Pip Signal and opt for fully regulated ones instead.
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