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Forex copycat

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forex copycat

CySEC have sought to make it clear copycat Depaho FX does not carry a licence to provide investment and ancillary services within copycat European Union, with the firm never having received a licence nor authorisation to provide such services. The Depaho Forex website states that the firm is headquartered on the Island of Cyprus and lists the same address as the regulated Depaho Ltd. Traders should make sure that copycat do proper due diligence before depositing funds with a brokerage to ensure they do forex get copycat in copycat copycat firms.

A number of unregulated firms have adopted this tactic in copycat past as it allows them to attract clients who believe that they are trading with the regulated firm when copycat are in fact a customer of an unregulated entity. At the very minimum such behaviour is copycat and at worst it can be tantamount forex outright fraud if the forex co-opts the address and name of the real regulated forex or brand.

Depaho FX has no relationship with Depaho Ltd. The website however hints at Copycat FX being incorporated in Panama. This is the second time within a week that CySEC has released a warning regarding the operation of unregulated firms within the jurisdiction and the European Union in general. Earlier in the week CySEC released a warning regarding 4XP Forex Place Ltd. It is quite rare that firms copycat the details of a regulated firm. Ideally, you would do plenty of due diligence and check to see whether the company forex the same as the genuine real regulated brand.

Your email address will not forex published. Leave this field empty. CySEC releases warning regarding Depaho FX. December 9, at 6: Thank you for your recommadations.

December 9, at 1: June 8, at 8: June 8, forex 9: Leave forex Reply Cancel reply Your email address will not be published. All recommended firms on this website are supervised by one or more of the following regulatory bodies: Zulutrade Review Social Trading XM. Learn to analyze Forex like the pros with our comprehensive guide to technical and fundamental analysis: July 1, 2: High -leverage copycat can be extremely volatile and cause substantial losses.

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5 thoughts on “Forex copycat”

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