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taz for london stock exchange
Asen Vasilev
Bulgaria
2024-04-12
ANSWER Dear trader, we have previously identified Archax Finance as a potential scam. This broker is not only unlicensed, but has also received a warning from the German financial regulator, the Federal Financial Supervisory Authority (BaFin). They have been flagged for providing financial services through the website archax-finance.com without the necessary authorization. The fact that Archax Finance operates without regulatory oversight is a significant red flag, indicating potential involvement in fraudulent activities.The so-called tax fees are a common tactic used by fraudsters to extract more money from their victims. We strongly advise against sending any further funds to them and recommend that you cease all dealings with this broker. They are entirely unreliable, and any excuse or promise they make is likely an attempt to defraud you of more money. We urge you to discontinue any interaction with them and report the scam to your local authorities. Please do not allow them to exploit your desire to withdraw your funds as a means to defraud you further. Stay safe.
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Who is the founder of Archax Finance?
Prince
Albania
2024-04-08
ANSWER Archax Finance seems to be intentionally conceal information regarding its operator. This lack of transparency is a red flag. What's more, it is not licensed, further suggesting that it is unreliable.The platform attempts to establish reputations using exaggerated languages but fails to provide any supporting evidence to validate such claims. The Federal Financial Supervisory Authority (BaFin) has issued a warning about the company Archax Finance and the services it is offering, suspecting the unknown operators of offering consumers financial and investment services on the website without the required authorization.As such, it is strongly advised against using Archax Finance. To have a safer trading environment, consider a fully regulated broker instead.
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Do they charge rollover fees? How much are they.
Bernhard Krebs
Cambodia
2024-03-26
ANSWER Regardless of how seemingly attractive the trading conditions are, we strongly advise you to stay away from Archax Finance.It is crucial to note that this online broker doesn't disclose any essential contact information and licensing data to ensure transparency or for investors to verify. This lack of transparency is a red flag. What's more, the Federal Financial Supervisory Authority (BaFin) has issued a warning and warned consumers about the company Archax Finance and the services it is offering, which are suspected unauthorized.In light of this, Archax Finance is not safe. To avoid falling victim to potential fraudulent activities, it is highly recommended to choose fully regulated brokers over the unregulated ones including Archax Finance.
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