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is Sway markets regulated?
Kah Wei sweilem
美国
2024-08-28
ANSWER Dear Investor,Thank you for reaching out. While Sway Markets is under a certain level of regulatory oversight, we advise caution when dealing with this broker.Sway Markets claims to be registered in St. Vincent and the Grenadines, an offshore center known for its lax regulations. The financial authority there does not license or regulate forex trading brokerage activities. Additionally, Sway Markets claims to hold an AR license from the Australian Securities and Investments Commission (ASIC). However, there is no solid evidence to verify this claim, as ASIC does not provide the registered web address of the licensee for verification.Therefore, Sway Markets is not operating in a strictly regulated environment, and investors are not fully protected by stringent rules. For a safer trading experience, we recommend choosing brokers that are fully regulated by top-tier financial watchdogs.
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I want to know real Neotrades reviews.
Atwater Scott
阿拉伯联合酋长国
2024-08-13
ANSWER Dear Investor,Neotrades is a forex broker claiming to be operated by Neotrades Capital Ltd, which is licensed by the Mauritius Financial Services Commission (Mauritius FSC).However, there is no clear evidence linking the site neotrades.com to the license holder. Additionally, the Mauritius FSC is known for its lax regulation. Therefore, extreme caution is advised when considering Neotrades as your broker. We recommend opting for brokers regulated by top-tier financial regulators.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added Neotrades to its alert list for lacking the required authorization. This serves as a significant warning regarding the broker's regulatory compliance.Compared to fully regulated brokers, Neotrades poses substantial risks. It would be wise to reconsider your choice.
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apakah olymp trade aman?
Ponnu
印度尼西亚
2024-08-12
ANSWER Dear Investor,We strongly suggest you avoid using Olymp Trade, a broker presenting substantial risks.The broker's claims of being licensed by the Vanuatu Financial Services Commission (VFSC) and registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) cannot be fully trusted, as there is no solid evidence supporting that it is really operating under these licenses. Even if Olymp Trade did have these licenses, it is still not recommended, as both VFSC and SVG FSA are not considered top-tier regulators. These jurisdictions are known for their lax regulatory environments.Additionally, many investors have shared their unpleasant experiences with Olymp Trade and accused it of being a scam. This is a significant warning sign.We advise you to steer clear of Olymp Trade. It is critical to do thorough research before committing real money.
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FXPRIMUS LEGALITY
Ahmad Yusuf
印度尼西亚
2024-07-30
ANSWER FXPRIMUS holds two licenses: one from the Cyprus Securities and Exchange Commission (CySEC) and the other from the Vanuatu Financial Services Commission (VFSC).However, these regulators are not considered top-tier and may not able to fully ensure fair pricing, transparent trade execution, and a well-regulated trading environment by enforcing the strictest rules. Compared to brokers overseen by top-tier regulators, customers of this broker might receive less protection. Additionally, FXPRIMUS has received a warning from the Securities Commission Malaysia (Malaysia SC) for conducting unlicensed capital market activities in the country, which impacts the broker's credibility.Beyond regulatory status, BrokersView recommends that investors assess a broker's risks using other information, such as customer reviews. We regularly update reviews about brokers to help investors make informed decisions before risking real money. We invite you to read more details about FXPRIMUS on our platform.
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I really wonder, does Tredero broker provide a wide range of stocks of many companies because I’m a big fan of trading the stock market?
Noor Balqis
马来西亚
2024-07-29
ANSWER Tredero publishes a list of available stocks on their website. For more details, you can view the list online or contact their customer service.However, it's important to note that Tredero is only authorized and regulated by the Mauritius Financial Services Commission (Mauritius FSC). This authority offers less protection for investors compared to top-tier regulators like the Financial Conduct Authority (FCA). Additionally, the Mauritius FSC does not provide the registered domains of licensed entities, making it unclear if Tredero is genuinely operated by the license holder, Oneprime Ltd. Put simply, we cannot fully confirm the association between Tredero (tredero.com) and Oneprime Ltd. due to the lack of adequate evidence. Therefore, investors should exercise extreme caution when dealing with Tredero.
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Forex4you là lừa đảo hay thật?
Ronewa
越南
2024-07-29
ANSWER Forex4you is managed by E-Global Trade & Finance Group, Inc., and it holds a license from the British Virgin Islands Financial Services Commission (BVI FSC) under License SIBA/L/12/1027. However, BVI is an established offshore financial center. It's important to note that the regulatory oversight provided by the BVI FSC may not be as robust as that of top-tier regulators like the Financial Conduct Authority (FCA). Consequently, investors might have less protection when dealing with Forex4you. Additionally, the Bank Negara Malaysia (BNM) has included Forex4you on their warning list due to a lack of the required license, which serves as a cautionary signal regarding the broker's regulatory compliance. We advise investors to carefully consider all available information before risking any real money. It is prudent to exercise utmost caution when dealing with Forex4you.To make informed decisions, investors should conduct thorough due diligence, including reading customer reviews and seeking additional information about brokers. If you're looking for comprehensive broker reviews, BrokersView regularly updates its reviews to assist investors in gaining a better understanding of various brokers.
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