The Spanish CNMV issued a warning against ADVICE SERVICE GROUP On July 10, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added ADVICE SERVICE GROUP to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
ADVICE SERVICE GROUP
VisitRisk Level - High
ADVICE SERVICE GROUP
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that ADVICE SERVICE GROUP is an unregulated broker ADVICE SERVICE GROUP fails to disclose information about its regulatory status, which is a significant scam indicator, as legitimate brokers always prominently display their accreditation and licenses.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added ADVICE SERVICE GROUP to its warning list for providing investment services without authorization.In essence, ADVICE SERVICE GROUP is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView has identified that ADVICE SERVICE GROUP's website is currently offline BrokersView found that the domain "https://adviceservicegroup.com/" 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.
What currency pairs do they have? We strongly suggest you stear clear of ADVICE SERVICE GROUP due to its status as an unlicensed broker. Dealing with this fraudulent trading platform can expose you to financial losses and identity theft.The first reason why you should avoid ADVICE SERVICE GROUP is the failure to disclose information about its regulatory status. Lacking regulatory information and licensing data can be considered a scam indicator, as legitimate brokers always prominently display their accreditation and licenses.Secondly, the Comisión Nacional del Mercado de Valores (CNMV) has added ADVICE SERVICE GROUP to its warning list for providing investment services without authorization. This official document further reinforces ADVICE SERVICE GROUP's illegitimacy.In conclusion, ADVICE SERVICE GROUP is an unregulated broker. Once your money and personal information are in its hands, there are no rules in place to protect them. Therefore, investors are encouraged to stay away from unregulated brokers like ADVICE SERVICE GROUP and instead choose a regulated one. View Source
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