简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract：VoloFinance an unregulated FX broker expanded its operations in Asia, the Middle East
The UAE-based company says that India, Europe, Syria, Jordan, and other nearby countries are among its target markets.
Their statement says that the company wants to do more business in Asia, Europe, and the Middle East.
The company says that India, Europe, Syria, Jordan, and other nearby countries are among its target markets. It intends to establish a global footprint in the next few years.
VoloFinance is based at the Dubai International Financial Centre (DIFC), where it manages up to $100 million (Dh367 million) in funds for more than 4,000 clients around the world.
Louis, VoloFinance's chief marketing officer, said, “We are laser-focused on giving our clients the best-in-class service using cutting-edge technology and the right partners so they can grow their portfolios and income.”
Louis was giving a speech at the launch of the next generation of software for new and experienced investors to help them learn more about metals, currencies, and cryptocurrencies.
According to the UAE's Telecommunications and Digital Government Regulatory Authority's “Digital Lifestyle” 2022 study, about 11.4 percent of UAE citizens have invested in cryptocurrencies, putting the nation 10th worldwide in terms of cryptocurrency investments.
VoloFinance Overview
VoloFinance is a forex and cryptocurrency trading firm that operates online. The company's website does not specify where they conduct business. Even if it doesn't specify where they received their license or who controls them, this is an example of a broker you should never trust.
However, it states on its official website that the company has been partnered with Vlado Brokers, which makes VoloFinance regulated.
Always keep in mind that a regulated broker must be registered with one of the regulating authorities.
VoloFinance Regulation
VoloFinance has never been regulated nor registered with any of the regulatory bodies with its name. According to a statement on their official website, they are regulated by Vlado Brokers. This is something to be aware of as this is a common practice of a scam broker.
VoloFinance on the WikiFX
According to WikiFX, VoloFinance is classified as “Unregulated.” And, based on what I found when I looked for reviews, it seems like this broker hides its name so that traders can't leave feedback.
Conclusion
VoloFinance may does illegal activities same as other unregulated brokers. As early as possible, avoid signing up to unregulated brokers. Before investing, learn about the broker's regulatory standing. If you are new to Forex trading and want to try your luck, WikiFX always recommends contacting WikiFX Support so you can get the best assistance in finding reliable brokers.
Contact information is provided below:
More information on VoloFinance may be found at https://www.wikifx.com/en/dealer/3986401025.html.
Keep an eye out for more Broker news.
Download the WikiFX App from the App Store or Google Play.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
You are likely here because you are considering trading with 9X markets, but their very recent launch date has you worried about the safety of your funds. You are right to be cautious.
If you are considering depositing funds with MYFX Markets, you need to pause and read this safety review immediately. While many brokers operate with high standards of transparency, our analysis of the data suggests MYFX Markets poses significant risks to retail investors.
9Cents (established 2024) presents the risk profile of a newly formed, unsupervised financial entity. Despite utilizing the reputable MT5 trading infrastructure, the broker operates without effective regulatory oversight and has already accrued serious allegations regarding fund safety. 9Cents is classified as a High-Risk Platform, primarily due to the discord between its high minimum deposit requirements for competitive accounts and its lack of legal accountability or capital protection schemes.
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has issued a public warning against CoinCola, adding the platform to its Alert List of suspicious virtual asset trading platforms (VATPs). According to the SFC, CoinCola operates through the website and is suspected of conducting unlicensed virtual asset activities while appearing to target or operate in Hong Kong.
WikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFX
