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On December 19, 2023, the Financial Conduct Authority (FCA) issued a warning against Savex Asset, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/savex-asset
Savex Asset portrays itself as a safe crypto trading platform and claims to be regulated by the Financial Conduct Authority (FCA).
However, its claim of FCA regulation has been refuted by the FCA itself. This British financial authority has issued a warning against Savex Asset, identifying it as an unauthorized firm providing financial services in the UK without their authorization.
Therefore, Savex Asset is not regulated and its offerings are not secure. Please avoid trading with this unlicensed trading platform. Savex Asset appears to be a scam.
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