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RoyalStern
Regulators:
RoyalStern's claim of being registered in both the UK and Switzerland is puzzling. However, it's crucial to note that our investigation suggests that the company isn't registered with the relevant financial regulators in either of these countries. We strongly advise you to steer clear of this unlicensed broker.
In addition to its dubious registration information, RoyalStern claims to have been providing services since 2005, spanning over 19 years. However, its domain name was only recently registered in September 2023. This significant discrepancy is a clear indicator of dishonesty.
Furthermore, it's important to highlight the warning issued by the Federal Financial Supervisory Authority (BaFin). This German financial regulator suspects that the financial services provided through the platform are unauthorized.
Therefore, RoyalStern is not a safe option, posing substantial risks of fraud and identity theft. Investors are strongly advised to avoid RoyalStern to protect themselves from potential scams. Instead, it is recommended to choose fully regulated brokers.
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