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Bane

Operating status: SCAM

Website: https://www.baneglobal.com/

Broker violations and abnormal records
  • Nov 06, 2022 BrokersView has Reviewed that Bane is an Unregulated Forex Broker

    Bane claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

    Besides, Bane shows its company address is in Canada. As per relevant law, all forex brokers in Canada should be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). But we did not find any match results for this broker in IIROC. The truth is, Bane is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Bane claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, Bane shows its company address is in Canada. As per relevant law, all forex brokers in Canada should be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). But we did not find any match results for this broker in IIROC. The truth is, Bane is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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