ANSWER Mauli Capital Limited is not regulated in the United Arab Emirates, despite claiming to have an operation center in Dubai. We conducted a search for this company in the registers of relevant financial regulatory bodies in the UAE, including the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE), yielded no matching results. Furthermore, while it claims to have a registration address in the UK, it has failed to obtain authorization from the Financial Conduct Authority (FCA). This non-compliance significantly raises concerns about its credibility and integrity.Consequently, Mauli Capital Limited operates without the required licenses, which suggests potential fraudulent practices. This situation could expose its clients to fraud and identity theft, as there are no safeguards in place to protect their interests. To avoid falling victim to investment scams, investors are advised to steer clear of unlicensed trading platforms like Mauli Capital Limited and instead opt for fully regulated brokers with solid reputations.
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