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RannForex
Operating status: SCAM
Website: https://rannforex.com
Broker violations and abnormal records
RannForex, despite the claims of being reliable, only relies on the alleged registration in St. Lucia to demonstrate its authenticity and legitimacy. However, this country is an offshore area, known for lax regulations and minimum protections for investors. In addition, St. Lucia has announced that forex trading activitires are not licensed there.
In essence, RannForex is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. RannForex appears to be a scam.
RannForex, despite the claims of being reliable, only relies on the alleged registration in St. Lucia to demonstrate its authenticity and legitimacy. However, this country is an offshore area, known for lax regulations and minimum protections for investors. In addition, St. Lucia has announced that forex trading activitires are not licensed there. In essence, RannForex is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. RannForex appears to be a scam.
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