ANSWER We strongly advise against engaging with Safino Group, irrespective of the allure of the deals it presents. This platform, which appears to be unregulated, poses significant risks.Allegedly based in Sweden, this company is not registered with the Finansinspektionen (FI), the country's financial regulatory authority. There is no evidence of its legitimacy in official documents. Furthermore, the UK's Financial Conduct Authority (FCA) has flagged its unlicensed financial activities and issued a warning against Safino Group. This highlights the substantial risks involved and urges individuals to steer clear of it.To prevent potential fraud and identity theft, we recommend investors to avoid Safino Group. Opting for fully regulated brokers is a safer choice.
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