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Aztec Group

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has reviewed that Aztec Group is an unregulated broker The Aztec Group purports to be regulated by the Australian Securities and Investments Commission (ASIC). However, our investigation indicates a different reality. Upon examining the ASIC register, we found only two former AR licensees with names identical to the Aztec Group. Their licenses, however, have been revoked by the ASIC. Even if the two entities are associated with the forex brand, Aztec Group remained unlicensed as they have been ceased. As a result, Aztec Group is not currently under the regulation of the ASIC, as there are no existing records within the ASIC to support their claim of regulation. In essence, Aztec Group 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. Aztec Group appears to be a scam.

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How long does it take to deposit my money into the account with Aztec Group? Aztec Group is not a licensed broker and thus we strongly suggest you avoid using it.The broker falsely claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, our verification with the ASIC has not returned any matching records to validate these claims, indicating a potential scam.Investors dealing with Aztec Group are exposed to potential fraud and identity theft. Their interests are not protected by regulations in the event of any issues. We highly recommend investors to choose fully regulated brokers over unregulated ones like Aztec Group to reduce such risks. View Source

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