- 2023-08-03 The UK FCA issues a warning against PolaxGroup
On August 4, 2023, the Financial Conduct Authority (FCA) issued a warning against PolaxGroup, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/polaxgroup
- 2023-08-06 BrokersView has reviewed that PolaxGroup is an unregulated broker
PolaxGroup fails to disclose its regulatory information and licensing data, a significant scam indicator.
Additionally, the Financial Conduct Authority (FCA) has issued a warning against PolaxGroup, cautioning the public of this unauthorized firm.
In essence, PolaxGroup is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
PolaxGroup fails to disclose its regulatory information and licensing data, a significant scam indicator.
Additionally, the Financial Conduct Authority (FCA) has issued a warning against PolaxGroup, cautioning the public of this unauthorized firm.
In essence, PolaxGroup is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
- 2023-12-26 The BCSC issued a Warning against PolaxGroup
On 20 December 2023, the British Columbia Securities Commission (BCSC) issued a warning against PolaxGroup, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/polaxgroup
On 20 December 2023, the British Columbia Securities Commission (BCSC) issued a warning against PolaxGroup, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/polaxgroup
- 2024-04-18 FCA warns the public to avoid PolaxGroup once again
PolaxGroup's old domain name (http://polaxgroup.com/) is for sale. PolaxGroup is still operating under a new domain name (www.polaxgroup.co) and continues to conduct fraudulent activities to steal money. Therefore, the FCA updates its warning against PolaxGroup, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/polaxgroup
PolaxGroup's old domain name (http://polaxgroup.com/) is for sale. PolaxGroup is still operating under a new domain name (www.polaxgroup.co) and continues to conduct fraudulent activities to steal money. Therefore, the FCA updates its warning against PolaxGroup, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/polaxgroup
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