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Operating status: SCAM
Website: https://soegeefutures.com/
SoegeeFX is not a reliable broker for traders even though it states offers that look good to be true. SoegeeFX claims it is a brokerage company established in 2000. However, when we checked its domain, we found it was created in 2011. So how could it start its business in 2000? It is a red flag here.
Besides, SoegeeFX claims to be a regulated broker regulated in the Indonesia Commodity Futures Trading Regulatory Agency (BAPPEBTI). We do find a match result to SoegeeFX in BAPPEBTI. But please be informed that BAPPEBTI is not a regulatory authority that issues licenses for forex trading or regulates forex activities.
The truth is that SoegeeFX is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
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