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Operating status: SCAM
Website: https://petronagroup.com/ https://cfd.petronagroup.com/

On 16 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Petronagroup may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/petrona-group
Petronagroup claims to be one of the largest CFD Trading brands around while presenting neither details about its company address and regulations, nor legal documents (terms & conditions, risk disclosure, etc.). Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker for providing financial services or products in the UK without authorization. The truth is, Petronagroup is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
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