Aerofinancing claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, the broker also claims that it has offices in the UK and the USA. However, we searched National Futures Association (NFA) of the United States and the United Kingdom Financial Conduct Authority (UK FCA) but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA or the UK.
Moreover, the Swedish Financial Supervisory Authority (Swidish FSA) aka Finansinspektionen (FI) issued a awarning that FI has investigated the matter and has not been able to determine that Aerofinancing is a real company. Aerofinancing is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision. FI has not received any notification of cross-border activities from other EEA countries. Aerofinancing is also not authorised to provide financial services according to the supervisory authority of the country in which the company claims to be domiciled.
The truth is that Aerofinancing 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.
Aerofinancing claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, the broker also claims that it has offices in the UK and the USA. However, we searched National Futures Association (NFA) of the United States and the United Kingdom Financial Conduct Authority (UK FCA) but found no matching results. And there was no financial reports of this company in U.S. Commodity Futures Trading Commission (CFTC). All in all, this broker is not regulated in the USA or the UK. Moreover, the Swedish Financial Supervisory Authority (Swidish FSA) aka Finansinspektionen (FI) issued a awarning that FI has investigated the matter and has not been able to determine that Aerofinancing is a real company. Aerofinancing is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision. FI has not received any notification of cross-border activities from other EEA countries. Aerofinancing is also not authorised to provide financial services according to the supervisory authority of the country in which the company claims to be domiciled. The truth is that Aerofinancing 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.
