The Austria FMA Added ConcordInvest into Its Warnings On 29 July 2022, the Austrian Financial Market Authority (Austria FMA) issued a warning that ConcordInvest is not authorized to carry out banking transactions in Austria that require a license. The provider is therefore neither permitted to trade on a commercial basis on its account nor on behalf of others. You may visit: https://www.fma.gv.at/en/dulcet-group-llc-concordinvest/

BrokersView has Reviewed that ConcordInvest is an Unregulated Forex Broker ConcordInvest claims to be operated by Dulcet Group LLC, a company registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1358 LLC 2021. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide financial services. Moreover, the Austrian Financial Market Authority (Austria FMA) issued a warning that ConcordInvest is not authorized to carry out banking transactions in Austria that require a license. The provider is therefore neither permitted to trade on a commercial basis on its account nor on behalf of others. That means ConcordInvest is not authorized to provide financial services in Austria. The truth is that ConcordInvest 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.