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Assetsgrowths

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Risk Level - High

Scam Evidence & Warnings

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The FCA adds Assetsgrowths to its warning list On January 4, 2024, the Financial Conduct Authority (FCA) issued a warning against Assetsgrowths, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/assetsgrowths

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BrokersView has reviewed that Assetsgrowths is an unregulated broker Assetsgrowths claims to be one of the most reliable diversified financial investment service provider in the world, with offices locate in the United States, Australia,Canada and headquartered in UK.To be considered legitimate in these countries, it is mandatory for the company to be registered with the relevant financial regulators. These include the National Futures Association (NFA) in the US, the Australian Securities and Investments Commission (ASIC), the Investment Industry Regulatory Organization of Canada (IIROC), and the Financial Conduct Authority (FCA) in the UK. However, Assetsgrowths is not registered with any of these regulatory bodies. Moreover, the FCA has issued a warning about Assetsgrowths, identifying it as an unauthorized firm operating in the UK.In essence, Assetsgrowths 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.Assetsgrowths appears to be a scam.

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BrokersView has identified that Assetsgrowths's website is currently offline BrokersView found that the domain "https://assetsgrowths.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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Do I have to use the demo account? Can I just start with a real account on Assetsgrowths? We do not recommend any interactions with Assetsgrowths, as it is an unlicensed trading platform. Investors should remember that it is highly unlikely to earn profits with an unlicensed trading platform.Assetsgrowths, which claims to be a global financial investment service provider with offices in the US, Australia, Canada, and the UK, is not registered with any of the necessary financial regulators in these countries. The Financial Conduct Authority (FCA) has issued a warning and flagged Assetsgrowths as an unauthorized UK firm that is illegally soliciting investors in the UK.Without any regulatory oversight, investing with Assetsgrowths carries a significant risk of fraud and identity theft. Traders engaging with this online platform are not protected by any rules. For a safer trading experience, it is advised to avoid trading with unlicensed platforms like Assetsgrowths and instead choose fully regulated ones with robust reputations. View Source

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