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mercantiles

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Somebody told me he make great profit and recomment me Mercantiles. Is it reliable?
Sunita Garcia
Georgia
2024-02-29
ANSWER No, Mercantiles is not reliable.Its credibility is questionable. The registration information provided by the company does not hold the same credibility as licenses issued by financial regulators, thereby casting a shadow on its legitimacy in the financial market. Furthermore, the Commissione Nazionale per le Società e la Borsa (CONSOB) has taken serious actions against Mercantiles, including issuing a press release and ordering a blackout of its website due to unauthorized provision of financial services or products.Mercantiles carries significant risks, encompassing potential fraud and identity theft. The lack of regulatory oversight implies that they could cease operations at any given moment, without being held accountable for any fraudulent activities they may have engaged in. To protect your investments, investors are strongly recommended to avoid Mercantiles and instead opt for investment platforms that are under strict supervision.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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