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APMETRADE

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Risk Level - High

Scam Evidence & Warnings

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The CNMV issues a warning about APMETRADE On September 16, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added APMETRADE to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/ResultadoBusqueda.aspx?tipo=1&nombre=apmetrade

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BrokersView has reviewed that APMETRADE is an unregulated broker APMETRADE merely displays the logos of two financial regulators, the Comisión Nacional del Mercado de Valores (CNMV) and the Commissione Nazionale per le Società e la Borsa (CONSOB), in its footer to boost its credibility, rather than providing valid licensing details. This practice does not enhance its credibility or prove its legitimacy. Displaying regulator logos is a common tactic used by fraudsters to mislead unsuspecting investors. We have found a warning from the CNMV stating that APMETRADE is not authorized by them. This indicates that APMETRADE is not regulated at all.In essence, APMETRADE 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.APMETRADE appears to be a scam.

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CySEC adds APMETRADE to its warning list On Nov 14, 2024, the Cyprus Securities and Exchange Commission (CySEC) added APMETRADE to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=1931729d-39c3-4cc5-92bd-3bbac4e90eeb

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BrokersView has identified that APMETRADE's website is currently offline BrokersView found that the domain "https://apmetrade.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.

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Should I trust APMETRADE? Dear Investor,We advise against trusting APMETRADE, a scam broker.APMETRADE's website lists names of financial regulators to appear legitimate but fails to provide any valid licensing details. The Comisión Nacional del Mercado de Valores (CNMV) has issued a warning about APMETRADE, refuting the company's claim of being regulated by them.Therefore, it is strongly advised to steer clear of APMETRADE due to its unlicensed status. For a safer trading environment, we recommend opting for brokers regulated by top-tier financial regulators. View Source

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