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DCMGROUP

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Risk Level - High

Scam Evidence & Warnings

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The Spain CNMV Added DCMGROUP into Its Warnings On 27 Dec 2021, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that DCMGROUP was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=dcmgroup.io

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BrokersView has Reviewed that DCMGROUP is an Unregulated Forex Broker DCMGROUP claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the Cyprus. However, we searched Cyprus Securities and Exchange Commission (CySEC) but found no results that matched this broker. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that DCMGROUP was not authorised to provide the investment services in Spain.The truth is that DCMGROUP 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.

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BrokersView has identified that DCMGROUP's website is currently offline BrokersView found that the domain "https://dcmgroup.io/" 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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