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Geniovest
Regulators:
http://www.geniovest.com/
No, Geniovest is not regulated.
While Geniovest provides an address in the UK to appear legitimate, there are no indications that it is registered with the Financial Conduct Authority (FCA). And the UK financial watchdog has issued a warning against Geniovest, saying it is illegally targeting British residents without their authorization.
Things even get worse when BrokersView discovers that the website of Geniovest is inaccessible. Numerous cases suggest that scammers often disappear by disabling their websites or applications, leaving their clients vulnerable and helpless in finding a way to recover money.
Therefore, BrokersView strongly suggest you avoid Geniovest. It is an unregulated platform coming with significant risks, such as financial losses and identity theft, which could be finanically and personally devastating. To safeguard investors' interests, it is better to choose a fully regulated platform.
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