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which platform is safe? for new bigner?
jecvelin Parmar
India
Aug 20, 2025
ANSWER Dear Investor, Thank you for reaching out. We would like to clarify which forex broker the manager you've been in contact with is affiliated with. We kindly ask you to provide us with the name and website of the broker so that we can conduct a thorough investigation. If FinaDexa is the broker you’re referring to, our follow-up review reveals that, despite claiming to be regulated by MWALI International Services Authority (MISA), it displays two license numbers—one linked to WebTrade Management Ltd., which is registered under a different domain, and another to Flux Ltd., which has no website recorded. Given that MISA offers minimal regulatory oversight and investor protection, and considering the mismatched or incomplete registration details, we have serious concerns about FinaDexa’s legitimacy and assess it as likely being a fraudulent entity. If you’ve encountered issues with this or any broker, we urge you to report the matter to relevant authorities or you may submit a complaint through our platform here. While forex trading carries inherently high risks, brokers regulated by reputable and well-established regulatory bodies, especially those under multiple jurisdictions, generally offer more comprehensive investor protection mechanisms. However, it's important to note that even regulated brokers are not entirely free from risk, and there have been cases of investor complaints in the market. Therefore, we strongly advise you to exercise caution and conduct thorough due diligence before making any investment decisions. If you are new to forex trading, we recommend starting with a demo trading account. This allows you to gain experience and confidence without risking significant capital in the early stages.
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Bitcoin recovery services?
David
United Kingdom
Feb 27, 2025
ANSWER Dear Investor, Thank you for reaching out and for your vigilance in this matter—it’s clear you’ve approached this situation with a healthy dose of caution, which is absolutely the right mindset when dealing with such claims. Based on the information you’ve provided, it appears that the company in question may be operating as a recovery room scam. These scams often target individuals who have already suffered financial losses, offering to recover funds in exchange for additional payments or sensitive personal information. The request to create a wallet is particularly concerning, as it could indeed be a tactic to gain access to your personal details or any remaining funds. The Financial Conduct Authority (FCA) has issued a warning regarding such scams. For your reference, we recommend reading it, which you can find here. Additionally, information available online indicates that the genuine "CCI Europe" is the European branch of Childhood Cancer International (CCI), an organization dedicated to supporting childhood cancer patients and survivors. This raises further suspicion that the entity contacting you may be impersonating the reputation of a legitimate organization to appear credible. It is strongly advised against engaging further with the company in question or providing them with any personal or financial information. Your cautious approach is commendable, and we encourage you to continue exercising such care. If you have any further questions or need assistance, please don’t hesitate to reach out.
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