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Operating status: SCAM
Website: https://www.worldaw.com/
On 22 Aug 2022, the Hongkong Securities And Futures Commission(SFC) issued warning that WorldAW is an unlicensed company. You may visit: https://www.sfc.hk/TC/alert-list/2861
WorldAW claims to be a regulated broker under multiple regulations including:
1) the Cyprus Securities and Exchange Commission (CySEC), No. 227/31;
2) the International Financial Services Commission, refers to the Belize Financial Services Commission (Belize FSC), No. 93/301/FD/09;
3) the MauritiusFinancial Services Commission (Mauritius FSC), No. F550843197.
However, no regulated broker company named WorldAW can be found in the the three regulators. That means WorldAW is not regulated in Cyprus, Belize or Mauritius.
Moreover, the Hongkong Securities And Futures Commission(SFC) issued warning that WorldAW is an unlicensed company.
The truth is that WorldAW is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
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