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Does Greefin pro regulated by FCA?
Michael Oluwatoki
Burundi
2023-09-07
ANSWER Greefin pro is not regulated by the Financial Conduct Authority (FCA) and the UK financial watchdog has warned the public of this scam.Greefin pro falsely claims to be regulated by the FCA, thus drawing a warning from this financial regulatory body. In the warning against Greefin pro, the FCA explicitly states that the platform is not authorized by them and is illegally targeting British residents.Furthermore, while Greefin pro provides two license numbers respectively issued by the Mauritius Financial Services Commission (Mauritius FSC) and the Belize Financial Services Commission (Belize FSC), we have been unable to find any corresponding records in the databases of these two regulators. This means Greefin pro is not licensed by either of them.Therefore, BrokersView has confirmed that Greefin pro is an unregulated broker. It comes with significant risks such as fraud and identity theft, which could be financially and personally devastating. Investors dealing with the platform cannot get protected. As such, we highly recommend choosing a fully regulated broker to mitigate such risks.
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