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Can I believe the AI tech at Beta Tech?
Ethan Craig
Kroasia
2024-07-03
ANSWER Investing inherently carries risks, and profits depend on many factors, particularly the investors' own skills and financial knowledge. Therefore, one should be skeptical of so-called "auto trading" or "AI trading" platforms that claim to make money effortlessly. These are often enticements to trap unwary investors. Moreover, Beta Tech is an unlicensed broker, which poses significant risks.It claims a Swiss base and suggests regulation by an entity known simply as the AFM, commonly understood to be the Dutch Authority for the Financial Markets. However, a check within the AFM's records reveals no evidence of such authorization. Additionally, no details regarding Beta Tech are found in the records of the Swiss Financial Market Supervisory Authority (FINMA).Compounding these red flags, the UK's Financial Conduct Authority (FCA) has issued a warning about Beta Tech, indicating it may be conducting financial services or activities in the UK without the required authorization.It is prudent to conclude that Beta Tech is likely a fraudulent operation. Investors should stay away from Beta Tech.
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Can I believe what Beta Tech says about their regulation?
peterc
Armenia
2024-05-27
ANSWER We strongly advise against placing your trust in Beta Tech, an unlicensed broker.Beta Tech, which purports to be based in Switzerland, alleges to be regulated by the Dutch Authority for the Financial Markets (AFM). However, our search in the AFM's register yielded no records to substantiate these claims. Similarly, we found no information about Beta Tech in the Swiss Financial Market Supervisory Authority (FINMA)'s register.Adding to these concerns, the Financial Conduct Authority (FCA) has issued a warning about Beta Tech. The FCA states that Beta Tech is providing financial services to UK investors without the necessary authorization. This is a significant red flag indicating non-compliance.Given these findings, we urge investors to steer clear of Beta Tech to protect themselves from potential fraud and identity theft risks. For a safer trading environment, we recommend choosing fully regulated brokers instead of unregulated ones like Beta Tech. Please exercise caution.
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Trading FX berisiko tinggi dan mungkin tidak cocok untuk semua investor. Leverage akan menimbulkan risiko dan kerugian tambahan. Sebelum melakukan trading, mohon pertimbangkan dengan cermat toleransi Anda terhadap risiko, tingkat pengalaman, dan tujuan investasi Anda. Anda mungkin kehilangan sebagian atau seluruh investasi awal Anda; jangan berinvestasi di luar kemampuan Anda. Edukasi diri Anda sendiri tentang risiko terkait trading FX. Jika Anda memiliki pertanyaan, silakan berkonsultasi dengan penasihat keuangan atau perpajakan independen. Semua data dan informasi disediakan "sebagaimana adanya" dan hanya untuk tujuan informasi, bukan untuk trading ataupun rekomendasi. Kinerja masa lalu bukanlah prediksi akan hasil di masa depan.

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Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.