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BrokersView has found that Balios AG appears to be a scam Balios AG claims to be authorized by mutiple regulators, which include the CySEC, FCA, FINMA and Belize FSC. However, our search of the official licensee register of all these regulators found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading. Besides, Balios AG does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess Balios AG as a likely unlicensed or fraudulent broker and advise extreme caution.
