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Beneffx

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added Beneffx into Its Warnings On 20 May 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Beneffx is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/beneffx

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BrokersView has Reviewed that Beneffx is an Unregulated Forex Broker Beneffx claims to be registered with the Marshall Islands Registry (IRI) under, registration No. 110334. We searched IRI and found a matching result. However, please be informed that IRI does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide financial services. Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Beneffx is providing financial services or products in the UK without authorisation. The truth is that Beneffx 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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The BCSC issued a warning against Beneffx On May 29, 2023, the British Columbia Securities Commission (BCSC) issued a warning against Beneffx, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/beneffxcom

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BrokersView has identified that Beneffx's website is currently offline BrokersView found that the domain "https://beneffx.com/en/" 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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