ANSWER The fraudulent activites and a warning from the Federal Financial Supervisory Authority (BaFin) throw a red flag to investors. As such, we strongly suggest you do not trade with Limbo Finance.BrokersView has read the information on the website of Limbo Finance, but fails to find any information regarding its regulatory status, a significant scam indicator.Additionally, the BaFin has issued a warning against Limbo Finance, saying it is providing financial and/or investment services on its website limbofinance.ltd without the required authorisation.As such, it is highly risky to deal with Limbo Finance as there are no rules in place to protect investors engaging with this platform from fraud or theft. To mitigate such risks, it is advisable to steer clear of unlicensed brokers like Limbo Finance and opt for a fully regulated one.
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