Scan to download
It is more convenient and faster to find brokers and complain
Morscapital
Regulators:
https://morscapital.com/
There are several warning signs indicating that Morscapital is an unlicensed trading platform and thus we strongly advised you against trading with it. Otherwise, you are exposed to fraud and identity theft as it operates outside of the regulatory framework.
Morscapital claims to be operated by a company named Mors Group (Global) Limited. On its website, it claims to be registered in Seychelles in 2020 and operating from Dubai. However, its domain "morscapital.com" was first registered in March 2022. This inconsistency between the website's age and its claim strongly hurts the platform's credibility.
We conducted a thorough investigation to verify its license by searching for this company in the registers of the following financial regulators, such as the Seychelles Financial Services Authority (Seychelles FSA), the Dubai Financial Services Authority (DFSA), the Central Bank of the UAE (CBUAE), and the Securities and Commodities Authority (SCA). However, no matching records exist in these registries. Therefore, despite the claim that it was registered in Seychelles and is operating in Dubai, Morscapital is not financially registered, making its offerings illegal.
Given these red flags, we strongly suggest you avoid Morscapital. To minimize substantial risks of fraud and identity theft, it is recommended to choose fully regulated brokers.
Is Navitas Markets regulated or not?
I'd like to know about the license of Binomo, can you please confirm it for me?
Is FutureFx a scam?Do you recommend to trade with this broker?
Can I deal with Toptrade? Please confirm it for me.
Is COINEXX legit? I cannot find the regulation on its website, please check it for me.
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.
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.


Comments