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247Marketmasterytraders

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Risk Level - High

Scam Evidence & Warnings

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The FCA issues a warning against 247Marketmasterytraders On October 17, 2024, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. https://www.fca.org.uk/news/warnings/247marketmasterytraders

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BrokersView has reviewed that 247Marketmasterytraders is an unregulated broker According to its website, the website template used by the company is a commonly used "scam template" that has been marked by Brokersview many times before. In addition, it shows a registration certificate of Companies House (CH). As we all know, it is not possible to exercise foreign exchange by simply registering in CH. In the UK, only the Financial Conduct Authority (FCA) can authorize foreign exchange. However, the Financial Conduct Authority (FCA) issued a warning against 247Marketmasterytraders for operating without the required authorization. Furthermore, it mentions that the office is located in the United States. Upon investigation, no matching information was found in the National Futures Association (NFA).In essence, 247Marketmasterytraders is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.247Marketmasterytraders appears to be a scam.

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BrokersView has identified that 247Marketmasterytraders's website is currently offline BrokersView found that the domain "https://247marketmasterytraders.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Please help investigate 247Marketmasterytraders. Dear Investor,We believe 247Marketmasterytraders is a scam. It exhibits common traits of a fraudulent platform: using a website template often linked with fraudulent activities, presenting a suspicious company certificate, and not being legally registered or licensed in the jurisdictions it claims to operate in. Additionally, the Financial Conduct Authority (FCA) has issued a warning against 247Marketmasterytraders for lacking proper authorization, alerting investors to this potential scam.Therefore, we strongly advise against using 247Marketmasterytraders to protect yourself from potential fraud. It is wise to opt for fully regulated brokers instead. View Source

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247Marketmasterytraders Dear Investor,247Marketmasterytraders has been marked by us as a scam and has been warned by the Financial Conduct Authority (FCA). We understand your distress and urge you to discontinue any engagement with 247Marketmasterytraders and report it to your local authorities. The disabled website indicates they may have absconded.We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will work diligently to find a possible solution for you.Please beware of Recovery Room Scams, where unsolicited messages claim they can recover your funds. Their sole goal is to defraud you by exploiting your desire for refunds. View Source

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