ANSWER Dear Investor,Thank you for reaching out to us. We are concerned that Algoproai (Mirabaud Group Ltd) is a scam.The broker claims to be owned by Mirabaud Group Ltd, which purports to be authorized by the Financial Conduct Authority (FCA). However, information from the FCA indicates that Mirabaud Group Ltd is a clone firm running a phishing website. In any case, Algoproai is not a licensed broker. Additionally, the Italian Companies and Exchange Commission (CONSOB) has ordered the shutdown of Algoproai for illegal financial services.Therefore, we strongly suggest you avoid using Algoproai. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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