ANSWER Put simply, Equatexsolutions is an unlicensed broker.While Equatex Solutions provides an address in Switzerland to appear legitimate, its offerings of investment services and products are illegal, as it fails to seek authorization from the Swiss Financial Markets Supervisory Authority (FINMA). To warn the public of the risks involved, the FINMA has added Equatex Solutions to its warning list and issued a warning, saying it is not commercially registered.Therefore, Equatexsolutions is an insecure and risky option for investors. Entrusting the platform with funds and personal information is dangerous, as there are no rules in place to prevent fraud and identity theft. If any violation occurs, traders may not be able to recover their money or seek compensation from any official body. To safeguard investors' interests, we strongly suggest the public steer clear of unlicensed brokers like Equatexsolutions and instead choose a fully regulated one.
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