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Operating status: SCAM
Website: https://www.cangforex88.com/ (https://www.tierl-fx.com/index.php)

On 6 Jan 2022, the Malta Financial Services Authority (MFSA) issued a warning that Cang Limited is a clone of MFSA-regulated company. You may visit: https://www.mfsa.mt/news-item/mfsa-warning-tier1fx-clone/
Cang Limited claims it has been operating for 10 years and displays some of its awards earned from 2010 to 2016. However, checking its domain, we found it was newly created on 17 Feb 2022. So where are its 10 years of experience from? How could it earn awards since 2010? Apparently, this broker is making false statements for unsuspecting traders. It is a red flag here.
Besides, this broker claims it is located in Hong Kong. However, we did not find any match results for Cang Limited in the Hong Kong Securities And Futures Commission (HK SFC). That means Cang Limited is not regulated by any regulators.
Moreover, the Malta Financial Services Authority (MFSA) issued a warning that Cang Limited is a clone of MFSA-regulated company.
Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
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