ANSWER No, Ande Finance does not appear to be a reliable choice. We strongly advise against transferring money to this unlicensed broker.The absence of regulatory information suggests that the broker may not be under the jurisdiction of any financial regulators. This makes its operations potentially illegal and risky. The funds and personal information that investors entrust to it could be vulnerable to fraud and identity theft. Moreover, the Financial Conduct Authority (FCA) in the UK has issued a warning and identified Ande Finance as an unauthorized firm, further highlighting the significant risks involved.Considering these factors, Ande Finance is far from being a safe option. We recommend investors to steer clear of Ande Finance and similar unlicensed brokers, and instead opt for fully regulated ones.
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