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Clone Secure Octabit

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Risk Level - High

Scam Evidence & Warnings

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The MFSA issues a warning against secureoctabit.com On December 9, 2024, the Malta Financial Services Authority (MFSA) issued a warning against secureoctabit.com, identifying this company as a clone of an MFSA-authorized firm. https://www.mfsa.mt/news-item/mfsa-warning-alchemy-markets-ltd-clone/

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BrokersView has reviewed that secureoctabit.com is an unregulated broker According to its website, it claims to be regulated by the Polish Financial Supervision Authority (PFSA) and Financial Conduct Authority (FCA). Upon investigation, no matching information was found in the PFSA and FCA. In addition, the Malta Financial Services Authority (MFSA) issued a warning against secureoctabit.com, identifying this company as a clone of an MFSA-authorized firm. In essence, secureoctabit.com is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as no legal protections are in place to safeguard the funds. secureoctabit.com appears to be a scam.

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BrokersView has identified that Clone Secure Octabit's website is currently offline BrokersView found that the domain "https://secureoctabit.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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