ANSWER Dear Investor,
We do not recommend engaging in transactions with Volume Groups, as it lacks legitimate brokerage credentials.
Volume Groups has not provided any regulatory information, merely claiming registration in Saint Lucia and a corporate address in Turkey. Although we located the entity Volume Groups FX Limited within the Saint Lucia International Financial Centre (IFC) registry, this registration only confers International Business Company (IBC) status. Crucially, this does not constitute a valid financial license, as the IFC neither regulates nor issues licenses for forex trading activities.
Furthermore, our search of the Capital Markets Board (CMB) of Turkey yielded no results regarding this entity. Consequently, Volume Groups operates without any regulatory oversight, presenting a significant risk of fraud. We strongly advise avoiding any engagement with this broker to protect your funds.
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