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Almahfaza

Operating status: SCAM

Website: https://www.almahfaza.com

Broker violations and abnormal records
  • Aug 10, 2021 BrokersView has reviewed that Almahfaza is an unregulated forex broker
    Almahfaza claims to be a regulated provider of financial services with the relevant compliance licenses respectively issued by the Marshall Islands Registry (IRI), the Seychelles Financial Services Authority (FSA Seychelles) and the UK's Financial Conduct Authority (FCA). However, it’s actually not regulated by any financial regulator when we checked on IRI, FSA Seychelles and FCA. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Almahfaza claims to be a regulated provider of financial services with the relevant compliance licenses respectively issued by the Marshall Islands Registry (IRI), the Seychelles Financial Services Authority (FSA Seychelles) and the UK's Financial Conduct Authority (FCA). However, it’s actually not regulated by any financial regulator when we checked on IRI, FSA Seychelles and FCA. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

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