Farz claims to be a reliable firm while presenting neither details about its company office address and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is that Farz is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.