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Dukasbance

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Risk Level - High

Scam Evidence & Warnings

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The Swiss FINMA issued a warning against Dukasbance On June 16, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Dukasbance, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/dukasbance/

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BrokersView has reviewed that Dukasbance is an unregulated broker Dukasbance presents itself as a reliable broker but fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. What's more, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Dukasbance, stating that this broker is not entered in its commercial register.In essence, Dukasbance 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. It is unequivocally a scam.

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