This broker bas been verified to be illegal and all of its licences have been expired, please be aware of the risk!
The platform is a Ponzi Scheme, which refers to the use of “principle of value multiplication”. In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person’s desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
VanuatuVFSC (license number: 17901) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!
United KingdomFCA (license number: 763697) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!
The VanuatuVFSC regulatory with license number: 17901 is an offshore regulatory, please be aware of the risk!