This brokers review focuses on four platforms—Sable FX Global, AdmiralsUnited, 6ixmarkets ltd, and Iginvest247—that claim to offer financial services but raise serious concerns about their legitimacy and regulatory status. These brokers share several red flags that make them highly risky for investors, and in this article, we’ll break down why.
Broker Overview
Sable FX Global
Sable FX Global markets itself as a UK-based financial firm, but it lacks the necessary regulatory credentials. Despite claiming to hold authorization from the National Futures Association (NFA) in the US and a registration with the Financial Crimes Enforcement Network (FinCEN), it remains unregulated by any official financial body. No records from the UK’s Financial Conduct Authority (FCA) or the NFA validate these claims. The company’s domain was only registered in May 2024, making it a relatively new and suspicious player in the market.
AdmiralsUnited
AdmiralsUnited appears to be another unregulated broker, with its domain registered in June 2024. It claims regulatory status in multiple jurisdictions but fails to provide any verifiable licensing information. A closer inspection reveals that the broker either fabricates its regulatory claims or copies them from other companies. The Italian Companies and Exchange Commission (CONSOB) has ordered the website to be blacked out for offering financial services illegally in Italy.
6ixmarkets Ltd
6ixmarkets Ltd also claims registration with various regulatory bodies, but investigations show no matching records with any official financial regulators. Despite promoting itself as a trustworthy entity, 6ixmarkets Ltd is not regulated by any governing body, and its website provides no transparency about the company behind it. This leaves investors vulnerable without legal protections.
Iginvest247
Iginvest247’s website is filled with exaggerated claims and dubious awards, attempting to establish credibility without any valid backing. The company asserts registration in the UK, but the provided company number leads to a non-functional website. Additionally, the Italian regulatory authority, CONSOB, has blacklisted Iginvest247 for offering illegal financial services in Italy. Like the other brokers in this brokers review, Iginvest247 has no regulatory oversight, making it a high-risk platform for investors.
Are These Brokers Scam or Legit?
Based on the information provided in this brokers review, it’s clear that none of these brokers are legitimate. All four platforms—Sable FX Global, AdmiralsUnited, 6ixmarkets Ltd, and Iginvest247—are either unregulated or falsely claim regulatory status. Without proper oversight or legal protections in place, these brokers are risky for anyone looking to invest their funds.
Conclusion
In conclusion, this brokers review highlights critical red flags across Sable FX Global, AdmiralsUnited, 6ixmarkets Ltd, and Iginvest247. All four brokers share a concerning lack of regulatory oversight and have been linked to questionable claims and activities. For investors, the risks associated with trading through such unregulated brokers are too high. It’s essential to only engage with brokers that are properly regulated by reputable financial authorities to ensure the safety of your investments. Always do your research, and be wary of platforms that lack transparency or legitimacy.
Scams Report Review: Finance Advice, Handelsrummet, AxiaGroup, and Pivot Capital
Scams Report, a trusted platform for exposing fraudulent practices, uncovering several red flags. These brokers exhibit behaviors commonly associated with scams, including operating without proper regulation, employing deceptive tactics, and failing to provide transparent information. These issues raise serious concerns about their legitimacy and reliability.
Scams Report also provides support to victims of online scams like forex trading scams, cryptocurrency schemes, social media schemes, and internet dating scams, offering free consultation and guidance on fund recovery.
If you’ve faced challenges with any of these brokers, don’t hesitate to contact us. Our experts are here to help you take the first step toward reclaiming your money.
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