The initial observation is that FortunaInvest withholds any disclosure of its ownership and operational location, which raises immediate concerns. Furthermore, the company’s investment terms appear dubious and are unlikely to meet the approval standards of reputable regulatory bodies such as the European Securities and Markets Authority (ESMA) or other top-tier regulators. To understand the reasons behind these concerns, it is essential to thoroughly review this detailed FortunaInvest analysis.
Assessing FortunaInvest’s Legitimacy: Scam or Legitimate?
When it comes to FortunaInvest, the absence of information regarding their headquarters raises questions about their legitimacy. The credibility of this broker hinges on whether they possess Tier 1 licenses, such as those issued by renowned regulators like the FCA, BaFin, or ASIC. However, a search of these regulatory registers did not yield any results.
Instead, what we discovered was a warning from the reputable French AMF, which significantly undermines any protective measures that this potentially fraudulent broker claims to offer, including negative balance protection.
Just a reminder, if you encounter any problems with withdrawing funds, you can avail a complimentary initial consultation with our experts. To gain insights on making a sound choice of broker, we encourage you to read through our comprehensive AXOFA review.
FortunaInvest’s Client Base: Who Falls Victim?
Analyzing data from Whois.com reveals that FortunaInvest was registered in February 2023, yet it has already found itself on blacklists. Primarily, this unscrupulous broker targets traders from:
- France
- Iceland
- United States
- Canada
If you hail from one of these countries and have had an encounter with this broker, please share your experiences, and don’t hesitate to seek advice on potential refunds.
Comments