Abstract:CSI is an unregulated brokerage company registered in Hong Kong. While the broker's official website has been closed, so traders cannot obtain more security information.
Note: CSI's official website: https://www.csi-fx.com.cn is normally inaccessible.
CSI is an unregulated brokerage company registered in Hong Kong. While the broker's official website has been closed, so traders cannot obtain more security information.
CSI is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
The website of CSI is inaccessible, raising concerns about its reliability and accessibility.
Since CSI does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
An unregulated CSI is less safe than a regulated broker.
On WikiFX, users can see comprehensive information about various brokers and can disclose brokers based on their own experience.
Currently, there is only one piece of CSI exposure about multiple accounts of users losing all their money because their boss ran away and the introducer was released on bail.
Exposure. Scam
Classification | Scam |
Date | 2021-12-25 |
Post Country | Hong Kong, China |
You may visit: https://www.wikifx.com/en/comments/detail/202112256752187548.html.
CSI Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
According to the report, Doo Group, a prominent Singapore-based online brokerage firm, has strengthened its global presence by securing new offshore licenses for its brokerage brand, Doo Financial. The company recently announced that entities under the Doo Financial umbrella have been granted licenses by two key offshore regulatory bodies: the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).