ANSWER Dear Investor,
Thank you for reaching out to us. We've looked into Belfrics and believe it to be a scam. Here's what you need to know:
Belfrics operates through two websites, singapore.belfrics.com and belfricsgroup.com, claiming to have branches across various countries. However, no information has been found indicating that the broker is properly registered or licensed. The Monetary Authority of Singapore (MAS) has added Belfrics to its warning list, highlighting the risk it poses to investors.
Due to the fact that Belfrics is not regulated by any governing body, we strongly advise against trading with Belfrics. Stay vigilant and protect your financial interests.
See more