ANSWER It is critical to note that Genesis Capital is an unregulated broker. Therefore, we advise you to stay away from it.The brand claims to be managed by MMS SINGULAR LTD. However, this company has been removed from the Companies House (CH) register and does not have any valid financial licenses. The Federal Financial Supervisory Authority (BaFin) has noted this situation and issued a warning about Genesis Capital to alert the public.Without regulatory oversight, Genesis Capital cannot provide a transparent trading environment and may disappear to evade accountability in the event of any issues. To mitigate such risks, investors should avoid using unregulated brokers like Genesis Capital and instead choose fully regulated ones.
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