ANSWER Dear Investor,Thank you for reaching out to us regarding AI Phemex. We are concerned that AI Phemex is not regulated and may be a scam.In the website footer, the broker displays a BaFin-ID and a Bak Number to appear legitimate. However, our search in the BaFin (Federal Financial Supervisory Authority) register indicated that these numbers are linked to Pepperstone GmbH, which is not associated with AI Phemex. This suggests AI Phemex is not regulated and is fraudulent.Therefore, we strongly suggest you avoid using AI Phemex. Otherwise, you risk losing your funds without regulatory protections in place.
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