Investor Alert – Never trust offshore-licensed or privately regulated brokers
Many online trading and broker scams claim that they have a license and want to pretend to the future victims that they are not serious. On the website and in the penetratingly aggressive calls of the Boiler Room agents the alleged licensing is emphasized again and again. The advice to investors, consumers and traders – do not trust companies with offshore licenses. Even with some EU licenses issued by weak, negligent, or relaxed supervisors, you have to be very careful.