ANSWER Dear Investor,
FlareGain is not a reliable platform. It claims to provide margin forex trading services but has not provided any verifiable regulatory licenses. The only information available on its website is a claim of being registered in the United Kingdom. However, a search of the UK Financial Conduct Authority (FCA) database yielded no relevant information, indicating that FlareGain is not authorized to conduct such trading activities in the UK.
Furthermore, on September 30, 2024, the Spanish financial regulator, Comisión Nacional del Mercado de Valores (CNMV), issued a public warning stating that FlareGain was providing financial services without proper authorization.
Therefore, we strongly advise you to avoid trading on this suspicious platform to protect your financial security.
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