ANSWER Dear Investor,
AlgosOne appears to be an unregulated trading platform. We advise to exercise extreme caution and stay away from it.
AlgosOne claims to hold an EU license; however, no matching information could be found in the European Securities and Markets Authority (ESMA) database. The platform claims to be regulated by the Financial Analytical Office (FAU), but we haven't found corresponding records. It is important to note that, in the Czech Republic, the authority to license and regulate forex brokers rests with the Czech National Bank (CNB). Our search for the company in the CNB register didn't return any records.
Furthermore, the Financial Services and Markets Authority (FSMA) has issued a warning against AlgosOne, advising against trading with the platform.
Based on the evidence, AlgosOne appears to be unregulated. We suggest you stay clear to protect your investments.
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