ANSWER Dear Investor,We believe FOGO is a scam.The website appears to be hastily established, given its recent domain registration and use of a generic website template. The content of the site is untrustworthy, as it is template-based, generic, and lacks substance. While FOGO claims to have an MSB registration with the Financial Crime Enforcement Network (FINCEN), this registration does not equate to a license from a financial authority. Despite claiming to be based in the UK, FOGO is not registered with the Financial Conduct Authority (FCA).Therefore, we strongly suggest you avoid using FOGO to protect your funds and personal information. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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