ANSWER Dear Investor,
Crownex Capital Group claims to be registered in the UK and regulated by the Financial Conduct & Regulatory Agency (FCRA). However, please be aware that the legitimate UK regulatory body is the Financial Conduct Authority (FCA), not the FCRA. Furthermore, a search on the FCA register yields no results for Crownex Capital Group. The regulatory information it provides is highly misleading and appears intentionally designed to mimic or confuse investors into believing it is regulated by the FCA.
Additionally, Germany's financial regulator, the Federal Financial Supervisory Authority (BaFin), has placed Crownex Capital Group on its warning list, stating that it conducts trading activities without authorization and is suspected of fraudulent activities.
Based on these findings, we strongly advise all investors to avoid any dealings or financial engagements with this broker.
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