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Dukasbance

Operating status: SCAM

Website: https://www.dukasbance.com/

Broker violations and abnormal records
  • Jun 15, 2023 The Swiss FINMA issued a warning against Dukasbance

    On June 16, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Dukasbance, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/dukasbance/

    On June 16, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Dukasbance, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/dukasbance/
  • Jun 18, 2023 BrokersView has reviewed that Dukasbance is an unregulated broker

    Dukasbance presents itself as a reliable broker but fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. What's more, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Dukasbance, stating that this broker is not entered in its commercial register.

    In essence, Dukasbance is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Dukasbance presents itself as a reliable broker but fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. What's more, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Dukasbance, stating that this broker is not entered in its commercial register.In essence, Dukasbance is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally 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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