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Is this forex scammer?
Devlin
South Sudan
2022-10-11
ANSWER SafeCaps is not a licensed or regulated broker even though it states offers that look good to be true. SafeCaps claims to be operated by AEGION GROUP LTD, a company registered in the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 25682 BC 2019. However, we did not find any match results to the company name or the registration number in SVG FSA.Moreover, the United Kingdom Financial Conduct Authority (FCA) issued a warning that SafeCaps was a clone firm, which falsely uses regulatory details of an FCA-regulated firm. You can check the full warning from here.The truth is, SafeCaps is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like SafeCaps and trade with licensed brokers.
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