The Belgian FSMA added Arbitrage Genius to its warning list On March 14, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Arbitrage Genius to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/baware-these-new-fraudulent-trading-platforms
Arbitrage Genius
VisitRisk Level - High
Arbitrage Genius
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Arbitrage Genius is an unregulated broker Arbitrage Genius not disclosing regulatory status raises concerns about potential non-compliance with required operational authorizations. This lack of transparency is a significant red flag.The platform's deliberate concealment of contact information, including physical addresses and phone numbers, hinders investor communication, posing another serious concern.Furthermore, the absence of content on its legal notice pages indicates a disregard for web management, suggesting potential fraudulent activities.Moreover, the Belgian Financial Services and Markets Authority (FSMA) has flagged Arbitrage Genius as a potentially fraudulent trading platform, adding it to their warning list.In essence, Arbitrage Genius 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.Arbitrage Genius appears to be a scam.
Have read some negative comments to Arbitrage Genius. I'm worried about my money on it. Regrettably, Arbitrage Genius seems to be a fraudulent platform. It is strongly recommended that you cease all interactions with this platform and expedite the withdrawal of your funds.The platform does not provide any information about its financial licenses, which raises concerns about its compliance with relevant regulations. Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has included Arbitrage Genius in its warning list as a potentially fraudulent trading platform, which should serve as a red flag for investors.Considering these factors, Arbitrage Genius is far from being a safe choice. To protect yourself from potential scams, it is advisable to steer clear of unregulated platforms like Arbitrage Genius and opt for fully regulated ones instead. View Source
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