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Elcomercio IX

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Risk Level - High

Scam Evidence & Warnings

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The CNMV adds Elcomercio IX to its warning list On November 13, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Elcomercio IX to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

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BrokersView has reviewed that Elcomercio IX is an unregulated broker Elcomercio IX displays a significant characteristic common to scams: it lacks vital information about its operator, including the addresses, phone numbers, and licensing data. It only leaves an email address for customers to contact its team, a fashion that is easy to cut off. The absence of regulatory information strongly suggests that it operates outside of the regulatory framework.In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Elcomercio IX to its warning list for providing investment services without authorization, which further hurts this platform's credibility.In essence, Elcomercio IX 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.Elcomercio IX is unequivocally a scam.

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BrokersView has identified that Elcomercio IX's website is currently offline BrokersView found that the domain "https://elcomercio-ix.com/" 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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How much commission does Elcomercio IX charge? Elcomercio IX is an unlicensed forex broker. We strongly suggest avoiding it, regardless of the seemingly enticing deals it offers.Elcomercio IX lacks essential information about its operator and regulatory status. This lack of transparency strongly suggests that it could be a potential scam operating outside the regulatory framework. It’s worth noting that the Comisión Nacional del Mercado de Valores (CNMV) has recognized this unlicensed platform and added it to its alert list, further demonstrating that Elcomercio IX poses a risk.By trading with Elcomercio IX, investors may become victims of fraud and identity theft, which could have severe financial and personal consequences. To avoid such risks, we recommend choosing fully regulated brokers only. View Source

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