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GreenWaveX

Operating status: SCAM

Website: https://greenwavex.com/

Broker violations and abnormal records
  • May 22, 2022 The Cyprus CySEC Added Green Wave X into Its Warnings

    On 23 May 2022, CySEC issued a warning that Green Wave X is not authorised to provide the investment services, you may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=46a56896-7ef4-4c1b-94e7-560d3441e007

    On 23 May 2022, CySEC issued a warning that Green Wave X is not authorised to provide the investment services, you may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=46a56896-7ef4-4c1b-94e7-560d3441e007
  • Jun 15, 2022 Brokersview has Reviewed that Green Wave X is an Unregulated Forex Broker

    Green Wave X claims to be a regulated broker under double regulation including the Marshall Islands Banking Commission (IRI) and the Mauritius Financial Services Commission (Mauritius FSC). We found a matching result from the IRI, but please be informed that IRI does not regulate forex activities. We also found a matching result in the Mauritius FSC. However, there is no website to prove its reliability and the address is not the same as the one Green Wave X offers in its website. 

    Besides, the Cyprus Securities and Exchange Commission (CySEC) issued a warning that this firm has not been authorized to provide investment services. So Green Wave X is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.  

    Green Wave X claims to be a regulated broker under double regulation including the Marshall Islands Banking Commission (IRI) and the Mauritius Financial Services Commission (Mauritius FSC). We found a matching result from the IRI, but please be informed that IRI does not regulate forex activities. We also found a matching result in the Mauritius FSC. However, there is no website to prove its reliability and the address is not the same as the one Green Wave X offers in its website. Besides, the Cyprus Securities and Exchange Commission (CySEC) issued a warning that this firm has not been authorized to provide investment services. So Green Wave X is not regulated by any regulators. That means investors' money in this broker is 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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