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Arzik Finance

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added Arzik Finance into Its Warnings On 6 Jan 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Arzik Finance is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/arzik-financial

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BrokersView has Reviewed that Arzik Finance is an Unregulated Forex Broker Arzik Finance claims to be a trade name of Sun Hung Kai Forex Limited, registered with the Hongkong Securities And Futures Commission (SFC). However, we seached SFC and found no matching result. That means Arzik Finance is not regulated by SFC to provide financial services.Arzik Finance also claims to be located in the UK. So we searched the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning. The UK regulator issued a warning that Arzik Finance is providing financial services or products in the UK without authorisation. The truth is that Arzik Finance is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that Arzik Finance's website is currently offline BrokersView found that the domain "https://arzik-financial.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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Does the platform offer fixed spread? Arzik Finance is not a licensed or regulated broker even though it states offers that look good to be true. Arzik Finance claims to be a trade name of Sun Hung Kai Forex Limited, registered with the Hongkong Securities And Futures Commission (HK SFC). However, we found no matching result to Sun Hung Kai Forex Limited or Arzik Finance in SFC.Besides, Arzik Finance also claims to be located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). We did searching in FCA but only found this firm had already been warned by FCA for providing financial services without authorization. You can check the full warning from here.The truth is, Arzik Finance is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Arzik Finance and trade with licensed brokers. View Source

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