The UK FCA adds CRYPTO INGER to its warning list On September 18, 2023, the Financial Conduct Authority (FCA) issued a warning against CRYPTO INGER, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/crypto-inger
CRYPTO INGER
VisitRisk Level - High
CRYPTO INGER
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that CRYPTO INGER is an unregulated broker In an attempt to appear legitimate, CRYPTO INGER showcases a ceritificate issued by the US Department of Commerce. However, it is meaningless. If it were licensed to offer services for forex trading in the US, it would have been registered as a member of the National Futures Association (NFA). But our search for the company in the NFA BASIC didn't yield any results. This means the platform is not subject to the required regulations.Furthermore, while it is allegedly domiciled in the UK, it fails to seek authorization from the Financial Conduct Authority (FCA). To warn the public of this unauthorized firm, the FCA has added it to its warning list.In essence, CRYPTO INGER is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. CRYPTO INGER is unequivocally a scam.
Is CRYPTO INGER regulated in UK? No, CRYPTO INGER is not regulated in the UK and the Financial Conduct Authority (FCA) has warned about it not being authorized to provide financial services or products in this country.CRYPTO INGER, in a bid to seem authentic, flaunts a certificate from the US Department of Commerce. Yet, this holds no significance. If it had the necessary license to provide forex trading services in the US, it would be listed as a member of the National Futures Association (NFA). However, our investigation into the company on the NFA BASIC yielded nothing. This indicates that the platform does not adhere to the necessary regulations.Moreover, despite its alleged UK domicile, it neglects to obtain authorization from the FCA. As a result, the British financial watchdog has added it to its warning list to alert the public about this unauthorized entity. Read the FCA warning here.In summary, CRYPTO INGER is not subject to any regulatory oversight. Entrusting this broker with investors' capital is fraught with danger, as there are no legal safeguards to protect these funds. To mitigate such substantial risks, it is recommended to stay away from unlicensed brokers like CRYPTO INGER and instead choose fully regulated ones. View Source
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