ANSWER Dear Investor,
Foris Capital appears to be a highly suspicious trading platform. The company claims to operate under the name Foris Capital (EU) Ltd and asserts that it is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC).
However, our verification found a significant discrepancy. The entity regulated by CySEC is officially associated with the domain and brand Crypto.com, which has no connection to the platform you inquired about. This suggests that Foris Capital may have fraudulently used the license information of a legitimate platform to appear compliant.
Compounding this issue, the platform has been included in the warning list by the German Federal Financial Supervisory Authority (BaFin) for conducting unauthorized trading activities.
Therefore, trading with this platform could very likely result in significant financial loss. We strongly recommend that you avoid trading with Foris Capital.
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