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BIG MO

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA issued a Warning against BIGMO (https://bigmofx.net) On 19 February 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against BIGMO (https://bigmofx.net), believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/bigmo.

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BrokersView has Reviewed that BIG MO is an Unregulated Broker BIG MO owned and operated by BIG MO CAPITAL LTD, is a broker located in Comoros and regulated by the Autonomous Island of Mwali (Moheli) Comoros Union under company License number T2023265, offering wide range of financial services in global markets.Upon investigation, we found that BIG MO CAPITAL LTD is a suspended broker, and not regulated by the MWALI INTERNATIONAL SERVICES AUTHORITY (MISA).the FCA issued a warning against BIGMO (https://bigmofx.net), believing this company might be providing financial services or products without authorisation in the UK.The truth is that BIG MO is not allowed to proceed financial activity, and is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.BIG MO is a scam.

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BrokersView has identified that BIG MO's website is currently offline BrokersView found that the domain "https://bigmofx.net/" 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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Is BIG MO trusted? No, BIG MO is not trusted.The broker claims to be licensed by the Mwali International Services Authority (MISA). However, our search in the MISA register indicates that the license has been canceled due to the non-payment of the annual fee. In addition, the Financial Conduct Authority (FCA) has issued a warning against BIG MO, believing this company might be providing financial services or products without authorization in the UK.It is evident that BIG MO is operating in an unregulated environment, making its customers vulnerable to potential fraud and identity theft. To have a safer trading environment, investors are highly recommended to choose fully regulated brokers over unregulated ones like BIG MO. View Source

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