Sohocapitalgroup Review : Fees, Pros and Cons, Reviews by Real Traders

Sohocapitalgroup

Operating status: SCAM

Website: https://www.sohocapitalgroup.com/

Broker violations and abnormal records

Mar 15, 2023 The Canada regulator IIROC warned investors not to be fooled by Sohocapitalgroup
On March 16, 2023, the Investment Industry Regulatory Organization of Canada (IIROC) warned Canadian investors not to be fooled by Sohocapitalgroup: https://www.iiroc.ca/news-and-publications/notices-and-guidance/investor-alert-sohocapitalgroup

On March 16, 2023, the Investment Industry Regulatory Organization of Canada (IIROC) warned Canadian investors not to be fooled by Sohocapitalgroup: https://www.iiroc.ca/news-and-publications/notices-and-guidance/investor-alert-sohocapitalgroup
Mar 16, 2023 BrokersView has reviewed that Sohocapitalgroup is an unregulated broker
On Sohocapitalgroup's website, this broker implies being regulated by the Investment Industry Regulatory Organization of Canada (IIROC) by displaying the logo at the bottom of their homepage. However, the IIROC issued a warning against Sohocapitalgroup, revealing that this broker was never registered with IIROC to sell forex or crypto assets, or any other investment products. Furthermore, Sohocapitalgroup also promotes the information of BOT-PRO Securities, a company claimed to be a member of the National Futures Association (NFA) and Swiss Financial Market Supervisory Authority (FINMA). We then searched this entity in the abovementioned regulators' registries and did not find any matching results. That means what Sohocapitalgroup claims is a false statement to unsuspecting investors.
The truth is, Sohocapitalgroup is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

On Sohocapitalgroup's website, this broker implies being regulated by the Investment Industry Regulatory Organization of Canada (IIROC) by displaying the logo at the bottom of their homepage. However, the IIROC issued a warning against Sohocapitalgroup, revealing that this broker was never registered with IIROC to sell forex or crypto assets, or any other investment products. Furthermore, Sohocapitalgroup also promotes the information of BOT-PRO Securities, a company claimed to be a member of the National Futures Association (NFA) and Swiss Financial Market Supervisory Authority (FINMA). We then searched this entity in the abovementioned regulators' registries and did not find any matching results. That means what Sohocapitalgroup claims is a false statement to unsuspecting investors.The truth is, Sohocapitalgroup is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
May 16, 2023 The OSC issued a warning against Sohocapitalgroup
On May 17, 2023, the Ontario Securities Commission (OSC) issued a warning against Sohocapitalgroup, 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/sohocapitalgroup

On May 17, 2023, the Ontario Securities Commission (OSC) issued a warning against Sohocapitalgroup, 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/sohocapitalgroup

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