ANSWER No, BETA CENTRAL PROFITS LIMITED is not legit.BETA CENTRAL PROFITS LIMITED showcases a screenshot of the website of Australian Securities and Investments Commission (ASIC), providing regulatory information about a company named "Xeros Super Fund Pty Ltd". By doing so, BETA CENTRAL PROFITS LIMITED is trying to create an impression of being licensed. However, we verified the information and discovered that it is a fake certificate as there isn't such a company in the ASIC register. Furthermore, it is unclear whether BETA CENTRAL PROFITS LIMITED is related to Xeros Super Fund Pty Ltd.In addition, the Financial Conduct Authority (FCA) has issued a warning against BETA CENTRAL PROFITS LIMITED, indicating that it provides financial services or products in the UK without authorization.Therefore, BETA CENTRAL PROFITS LIMITED is an unregulated broker and we strongly suggest investors avoid it. Entrusting the platform with funds and personal information is highly risky, as there are no rules in place to prevent fraud and identity theft. As such, to mitigate such risks, it is advisable to choose a fully regulated one instead.
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