Fasatgh
On April 11, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Fasatgh for operating without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_04_11_fasat_gh_world_en.html;jsessionid=6DC3A9AA8D4D9A6B74EFF72241C9F639.internet982
On April 11, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against Fasatgh for operating without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_04_11_fasat_gh_world_en.html;jsessionid=6DC3A9AA8D4D9A6B74EFF72241C9F639.internet982Fasatgh falsely claims to be regulated by the Dubai Financial Services Authority (DFSA), the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). The Federal Financial Supervisory Authority (BaFin) has issued a warning, stating that the broker is not regulated by any of the aforementioned authorities. This warning indicates that Fasatgh is unlicensed and potentially fraudulent.
In essence, Fasatgh is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fasatgh appears to be a scam.
Fasatgh falsely claims to be regulated by the Dubai Financial Services Authority (DFSA), the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). The Federal Financial Supervisory Authority (BaFin) has issued a warning, stating that the broker is not regulated by any of the aforementioned authorities. This warning indicates that Fasatgh is unlicensed and potentially fraudulent. In essence, Fasatgh is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Fasatgh appears to be a scam.On May 19, 2025, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against Fasatgh, believing this company might be providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=81d7d8d3-5bf4-47c3-9470-37192ce39eb1
On May 19, 2025, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against Fasatgh, believing this company might be providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=81d7d8d3-5bf4-47c3-9470-37192ce39eb1
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