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BOON TRADES

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Risk Level - High

Scam Evidence & Warnings

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The FCA issues a warning against BOON TRADES On January 13, 2025, the Financial Conduct Authority (FCA) issued a warning against BOON TRADES, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/boon-trades#section-unauthorised-firm-details

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BrokersView has reviewed that BOON TRADES is an unregulated broker The template used by this website is a common template for fraudulent websites. Such websites usually have similar logos and web page layouts. They have been marked by Brokersview many times before, such as AMCHUNKS. On the other hand, BOON TRADES seems to be smarter because it provides a certificate of Company House (CH) on its website. However, upon investigation, we found that the broker on file with CH is not BOON TRADES. It is obvious that even the most basic registration certificate is stolen from other brokers. This is a very unreliable company. Investors are advised to stay away. In addition, the Financial Conduct Authority (FCA) issued a warning against BOON TRADES, believing this company might be providing financial services or products without proper authorization in the UK. In essence, BOON TRADES 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. BOON TRADES appears to be a scam.

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BrokersView has identified that BOON TRADES's website is currently offline BrokersView found that the domain "https://www.boontrades.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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BOON TRADES is it a scam? Dear Investor, Thank you for reaching out. We suspect that BOON TRADES is a scam. BOON TRADES uses a certificate from Companies House (CH) to appear legitimate. However, CH registration does not constitute a license from a financial regulator. The Financial Conduct Authority (FCA) has issued a warning against BOON TRADES, highlighting that it is unauthorized and advising investors to stay away from it. Therefore, we strongly suggest you avoid using BOON TRADES due to its unregulated status. Without regulatory protections in place, your money could be at significant risk of being lost forever. View Source

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