ANSWER Savoy Investment Group is not a regulated broker.Regarding its regulatory status, Savoy Investment Group fails to disclose any corresponding information. This can be significant scam indicator, as legitimate brokers should prominently display such information to ensure transparency.What's more, the Financial Conduct Authority (FCA) has added Savoy Investment Group to its warning list of unauthorized firms and issued a warning further substantiating the fraudulent nature of the platform.Therefore, BrokersView strongly suggests investors steer clear of Savoy Investment Group, a scam involving substantial risks, such as financial losses and identity theft. Without regulatory oversight, individuals dealing with the fake broker are vulnerable to fraud and theft. To avoid such risks, it is advisable to choose a fully regulated broker instead.
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