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Equity Broker

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Operating status: SCAM

Website: https://equity-broker.co/

Broker violations and abnormal records
  • 2022-06-21 The Germany BaFin Added Equity Broker into Its Warnings

    On 22 June 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_210907_hashtradepro_eqyitybroker_prgntrade_en.html


    On 22 June 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_210907_hashtradepro_eqyitybroker_prgntrade_en.html
  • 2022-08-11 BrokersView has Reviewed that Equity Broker is an Unregulated Forex Broker

    Equity Broker claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    Equity Broker also claims to be located in Dominica and present two telephone numbers that belongs to Switzerland and the UK. As per information we have, there is no authority that regulate forex activities in Dominica. So it is impossible that Equity Broker is a Dominica-regulated forex broker. 

    Moreover, we searched the Swiss Financial Market Supervisory Authority (FINMA) and the United Kingdom Financial Conduct Authority (UK FCA). The result is that Equity Broker is not regulated by the two regulators. 

    What's more, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services.

    The truth is that Equity Broker is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Equity Broker claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Equity Broker also claims to be located in Dominica and present two telephone numbers that belongs to Switzerland and the UK. As per information we have, there is no authority that regulate forex activities in Dominica. So it is impossible that Equity Broker is a Dominica-regulated forex broker. Moreover, we searched the Swiss Financial Market Supervisory Authority (FINMA) and the United Kingdom Financial Conduct Authority (UK FCA). The result is that Equity Broker is not regulated by the two regulators. What's more, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services.The truth is that Equity Broker is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-11-27 BrokersView has found that Equity Broker is not working

    BrokersView found the domain "https://equity-broker.co/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://equity-broker.co/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Equity Broker is regulated????

Chris
Monaco
2022-08-17
ANSWER Equity Broker is not a licensed or regulated broker even though it states offers that look good to be true. Equity Broker claims to be owned and operated by Xertz Consulting Ink, a company registered in the Commonwealth of Dominica with registration number: 2020/IBC00063.But please be informed that, Dominica has no regulatory authorities that issue licenses for forex trading or regulate entities engaging in forex services.What's more, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Equity Broker does not have authorisation under the KWG to conduct banking business or provide financial services. You can check the full warning from here.The truth is, Equity Broker is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Equity Broker and trade with licensed brokers.
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