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dbrs morningstar

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ANSWER DBRS Morningstar is a credit rating agency that provides credit ratings, research, and opinions on a variety of financial instruments and entities. The website address https://dbrsco.com/ you provided is misusing this brand name to mislead and deceive unwitting investors.This fraudulent platform "dbrsco.com" claims to be a leading Forex CFD provider, but there are several reasons to believe that it is a scam. Firstly, this website conceals information about its actual operator, making it difficult for investors to determine its legal status. Secondly, while it mentions several financial regulatory authorities to project an image of legitimacy in forex trading, it has no registration with any of them. Thirdly, it raises suspicions by referencing a VFSC-registered company, Trademax Global Limited, in its Terms and Conditions. We have confirmed that this licensed entity has nothing to do with this fraudulent website. Lastly, it claims to hold an MSB designation in the US, but a search on the Financial Crimes Enforcement Network (FinCEN) website revealed no records to support this assertion. In essence, "dbrsco.com" is not regulated by any governing body, and 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 that traders should avoid at all costs.

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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.