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Elegantopex

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Risk Level - High

Scam Evidence & Warnings

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The CySEC issued a Warning against Elegantopex On 7 January 2025, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against Elegantopex, believing this company might be providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=e5ea7609-71f7-40bd-aa38-465c72cbb7f6

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BrokersView has reviewed that Elegantopex is an unregulated broker According to its website, it claims to be regulated by Australia Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA) , Dubai Financial Services Authority (DFSA), and Cyprus Securities and Exchange Commission (CySEC). Upon investigation, no matching information was found in the ASIC, FCA and DFSA. In addition, we found that the Cyprus Securities and Exchange Commission (CySEC) issued a warning against Elegantopex, believing this company might be providing financial services or products without authorisation. In essence, Elegantopex is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Elegantopex appears to be a scam.

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The CNMV issues a warning against Elegantopex On February 25 2025, the National Securities Market Commission (CNMV) issued a warning against Elegantopex, believing this company might be providing financial services or products without proper authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=pNfhR8m4KnBDAxe0SX98%2f5qsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

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BrokersView has identified that Elegantopex's website is currently offline BrokersView found that the domain "https://elegantopex.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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Elegantopex, am I being scammed? Dear Investor, We suspect that Elegantopex is a potential scam. While it claims to be multi-regulated, our research has revealed that all the regulatory claims are false. It is not regulated at all. The Cyprus Securities and Exchange Commission (CySEC), one of the regulatory bodies the broker mentioned, has even issued a warning, clearly stating that Elegantopex is not licensed or regulated by them. Therefore, Elegantopex is fraudulent. We strongly advise against using Elegantopex. If you need our assistance, please do not hesitate to contact us. We are always here to support you. View Source

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