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INSTANTGROW
Operating status: SCAM
Website: https://www.instantgrow.cc/
Broker violations and abnormal records
On October 20, 2023, the Financial Conduct Authority (FCA) issues a warning against INSTANTGROW, saying it is an unauthorized firm illegally targeting British citizens. https://www.fca.org.uk/news/warnings/instantgrow
On October 20, 2023, the Financial Conduct Authority (FCA) issues a warning against INSTANTGROW, saying it is an unauthorized firm illegally targeting British citizens. https://www.fca.org.uk/news/warnings/instantgrowINSTANTGROW fails to disclose its regulatory information, which is a significant scam indicator.
This platform conceals details of its actual operator and only gives an address in the UK. It even lacks the essential phone line for investors to reach out to its team. As for the address it provides, it seems to be shared by many companies.
While it is allegedly in the UK, it doesn't comply with regulations. It fails to seek authorization from the Financial Conduct Authority (FCA) and is illegally soliciting investors in this country. Therefore, the FCA issued a warning against it.
In essence, INSTANTGROW 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.
INSTANTGROW is unequivocally a scam.
INSTANTGROW fails to disclose its regulatory information, which is a significant scam indicator.This platform conceals details of its actual operator and only gives an address in the UK. It even lacks the essential phone line for investors to reach out to its team. As for the address it provides, it seems to be shared by many companies.While it is allegedly in the UK, it doesn't comply with regulations. It fails to seek authorization from the Financial Conduct Authority (FCA) and is illegally soliciting investors in this country. Therefore, the FCA issued a warning against it.In essence, INSTANTGROW 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. INSTANTGROW is unequivocally a scam.
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