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Operating status: SCAM
Website: http://www.morgencharles.com/https://www.morgencharles.business/

On May 17, 2023, the Ontario Securities Commission (OSC) issued a warning against Morgen Charles Company, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/morgen-charles-company
Morgen Charles Company claims to be operated by FOURTH CINVEN (RAILPEN 2011) CO-INVESTMENT LIMITED PARTNERSHIP registered in the UK. Although we did find its incorporation data in the Companies House (CH) registry, we didn't find any records in the Financial Conduct Authority (FCA) register supporting its legitimacy in the financial market. Therefore, this UK-based broker operates without an appropriate authorization. In addition, the Ontario Securities Commission (OSC) issued a warning against Morgen Charles Company, stating that this broker is not registered in Ontario to engage in the business of trading in securities.
In essence, Morgen Charles Company 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.
On July 21, 2023, the Financial Conduct Authority (FCA) issued a warning against Morgen Charles Company, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/morgen-charles
On 2 November 2023, the Autorité des Marchés Financiers (AMF) issued a warning that Morgen Charles Company was providing financial services or products without authorisation. You may visit: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224
As the old website address (http://www.morgencharles.com/) turns inaccessible, Morgen Charles Company is using a new one https://www.morgencharles.business/ to solicit fresh investments. Please beware of the risks involved and stay away from Morgen Charles Company.
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