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Is ATLEXCLOUD regulated in France?
chakradev
France
2023-08-28
ANSWER No, there isn't any indication that ATLEXCLOUD is regulated in France.ATLEXCLOUD is an unregulated broker warned by the Financial Conduct Authority (FCA).The incorporation certificate from the Companies House (CH) displayed by ATLEXCLOUD cannot support its legitimacy in the UK. Because the CH is not a financial regulator and thus mere registration with the CH cannot considered as the authorization to legally provide financial services/products in the UK. What's more, the FCA, the UK's financial watchdog, has issued a warning against ATLEXCLOUD, identifying it as an unauthorized firm.Therefore, ATLEXCLOUD is not a regulated broker. It comes with significant risks, such as financial losses and identity theft, as there are no rules in place to safeguard them. It is advisable for investors to avoid such unlicensed brokers as ATLEXCLOUD and instead choose a fully regulated one.
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