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sinceresystemsgroupltd.cc

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Did anyone trade with SINCERESYSTEMSGROUPLTD.CC before? Is it reliable?
Eros Istvan
Malawi
2023-07-31
ANSWER SINCERESYSTEMSGROUPLTD.CC is an unreliable platform due to its unlicensed status.SINCERESYSTEMSGROUPLTD.CC provides two links to websites of Companies House (CH) and Legal Entity Identifier (LEI). However, such information cannot be deemed the authorization to legally offer financial services/products, as the CH only serves as a registrar of companies in the UK and the LEI enables clear and unique identification of entities.As per UK law, the UK Financial Conduct Authority (FCA) is responsible to issue financial licenses and regulate entities involved in such activities. We searched the FCA registry and found that this UK financial watchdog has added SINCERESYSTEMSGROUPLTD.CC to its warning list, cautioning investors of the unauthorized firm. You can find more information here.In conclusion, SINCERESYSTEMSGROUPLTD.CC is not a safe choice for investments. It comes with significant risks, such as financial losses and identity theft, as there are no regulatory oversight to protect investors from fraud or theft. Therefore, to avoid such risks, investors are encouraged to stay away from unlicensed brokers like SINCERESYSTEMSGROUPLTD.CC and instead choose a fully regulated one.
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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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