There are several red flags investors need to watch out:
Firstly, despite the claims of being globally regulated, SOGEXPERTFX doesn't provide any regulatory information or licensing details to substantiate such claims. Typically, regulated brokers display their licensing information and accreditation to demonstrate their legitimacy. The lack of such information suggests that SOGEXPERTFX is not regulated.
Secondly, the website designs and content are similar to other fraudulent brokers previously flagged by us.
Thirdly, the Financial Conduct Authority (FCA) has flagged SOGEXPERTFX as an unauthorized firm in the UK. This is a significant warning sign.
In essence, SOGEXPERTFX 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.
SOGEXPERTFX appears to be a scam.
There are several red flags investors need to watch out:Firstly, despite the claims of being globally regulated, SOGEXPERTFX doesn't provide any regulatory information or licensing details to substantiate such claims. Typically, regulated brokers display their licensing information and accreditation to demonstrate their legitimacy. The lack of such information suggests that SOGEXPERTFX is not regulated.Secondly, the website designs and content are similar to other fraudulent brokers previously flagged by us.Thirdly, the Financial Conduct Authority (FCA) has flagged SOGEXPERTFX as an unauthorized firm in the UK. This is a significant warning sign.In essence, SOGEXPERTFX 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.SOGEXPERTFX appears to be a scam.