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SucceedingPips

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Operating status: SCAM

Website: https://succeedingpipstrade.online/

Broker violations and abnormal records
  • 2023-09-14 BrokersView has Reviewed that SucceedingPips is an Unregulated Broker

    SucceedingPips claims to be effectively regulated, but does not display any regulatory information on its website. The truth is that SucceedingPips is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, SucceedingPips is a scam.

    SucceedingPips claims to be effectively regulated, but does not display any regulatory information on its website. The truth is that SucceedingPips is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, SucceedingPips is a scam.

Related Complaints

Q&A

What is SucceedingPips?

Sotiris Shalov
Thailand
2023-09-18
ANSWER SucceedingPips is an unregulated broker.While SucceedingPips claims to have been founded in 2009, its domain "succeedingpipstrade.online" was first registered in June 2023. The platform even claims to have over 2,500,000 clients, which is highly unlikely as the website is only several months old. Therefore, such discrepancies strongly suggest that it is a scam.SucceedingPips asserts its regulation by the Belize Financial Services Commission (Belize FSC), but our search for the company in the Belize FSC database didn't yield any matching results. This means the assertion is false.Therefore, BrokersView has concluded that SucceedingPips is an unregulated broker and thus a scam. Entrusting the platform with funds and personal information is highly risky, as there are no rules in place to prevent fraud and identity theft. To safeguard investors' interests, it is advisable to stay away from unlicensed brokers like SucceedingPips and instead choose a fully regulated one.
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