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ecofix

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ANSWER Dear Investor, It is strongly advised to avoid any involvement with Ecofix. The company's website is relatively new, with its domain name registered only in late November 2024. No credible information has been found to confirm that Ecofix is registered or licensed, which raises significant doubts about its legitimacy. Additionally, the Federal Financial Supervisory Authority (BaFin) has issued a warning against Ecofix, citing its provision of investment services without the necessary authorization. This is a serious red flag and underscores the risks associated with dealing with this entity. Based on these findings, Ecofix appears to be a scam, and investors should exercise utmost caution and avoid engaging with this entity.

Help with verifying the legitimacy of Ecofix.

Ashvin Sabesan Mecnally

Indonesia

Feb 11, 2025

ANSWER Dear Investor, We have verified that Ecofix is a potential scam. It is critical to note that the Ecofix website lacks transparency, as it does not disclose information about its legal forms and licensing. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Ecofix, advising investors to stay away from this unauthorized firm. Therefore, we strongly recommend that you avoid using Ecofix to protect your investments. To reduce the risk of being defrauded, always verify a broker's legitimacy and licensing. Stay vigilant and avoid unregulated brokers.

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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.

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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.