ANSWER Dear Investor,
Regarding whether Codart Capital provides negative balance protection, we recommend contacting their customer service team directly for detailed clarification.
Codart Capital claims to be regulated by the Financial Services Commission (FSC) in Mauritius. We have searched the Mauritius FSC database and located an entity with the same name. However, the Mauritius FSC has not disclosed the operating website for this licensed entity, making it impossible for us to confirm whether this licensed entity is genuinely affiliated with the broker in question. This presents a potential risk of misappropriated regulatory information.
Furthermore, as the Mauritius FSC is an offshore regulatory authority with relatively weaker oversight, we advise you to exercise caution, conduct proper risk assessment, and perform thorough due diligence before engaging in transactions with this broker.
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