ANSWER Aztec Group is not a licensed broker and thus we strongly suggest you avoid using it.The broker falsely claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, our verification with the ASIC has not returned any matching records to validate these claims, indicating a potential scam.Investors dealing with Aztec Group are exposed to potential fraud and identity theft. Their interests are not protected by regulations in the event of any issues. We highly recommend investors to choose fully regulated brokers over unregulated ones like Aztec Group to reduce such risks.
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