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Defi Koin Market

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA Added Defi Koin Market into Its Warnings On 1 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Defi Koin Market was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/defi-koin-market

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BrokersView has Reviewed that Defi Koin Market is an Unregulated Forex Broker Defi Koin Market claims to be a licensed 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 claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this broker in UK FCA.The regulator warned that Defi Koin Market was providing financial services or products in the UK without authorisation. The truth is that Defi Koin Market 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 found that Defi Koin Market's domain is not working On 18 Nov 2022, BrokersView found that the domain of Defi Koin Market (https://defikoinmarket.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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