ANSWER FinInsider is not a licensed broker.The platform's claims of being regulated in various jurisdictions cannot be trusted, as it hasn't provided any licensing details or accreditation to support such claims. In addition, the Federal Financial Supervisory Authority (BaFin) has issued a warning about FinInsider for providing financial and investment services on its website without the required authorization.In light of this, FinInsider poses potential risks of fraud and identity theft. Investors dealing with this platform may risk losing their funds without legal avenues to get a refund. It is strongly advised to stay away from unregulated brokers like FinInsider and instead choose fully regulated ones.
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