Cboe.club is a forex trading platform that claims to offer a variety of products and services to traders. However, there is no evidence to suggest that Cboe.club is a legitimate broker. In fact, there is a high probability that Cboe.club is a scam.
Company Overview
Cboe.club is a relatively new forex trading platform that was launched in 2022. The website claims to be regulated by the Financial Conduct Authority (FCA) in the United Kingdom. However, there is no evidence to support this claim. In fact, the FCA has issued a warning against Cboe.club, stating that it is not a regulated entity.
Products and Services Available
Cboe.club claims to offer a variety of products and services to traders, including forex trading, CFD trading, and binary options trading. However, there is no evidence to suggest that these products and services are actually available. The website does not provide any information about the trading platforms that it uses, or the spreads and commissions that it charges.
Currency Pairs Available For Trading
Cboe.club claims to offer trading in a variety of currency pairs, including EUR/USD, USD/JPY, GBP/USD, and AUD/USD. However, there is no evidence to suggest that these currency pairs are actually available. The website does not provide any information about the liquidity of the markets that it trades in.
License and Regulation of Cboe.club
Cboe.club claims to be regulated by the Financial Conduct Authority (FCA) in the United Kingdom. However, there is no evidence to support this claim. In fact, the FCA has issued a warning against Cboe.club, stating that it is not a regulated entity.
Why Should Not You Trust An Unlicensed Broker?
There are many reasons why you should not trust an unlicensed broker. Unlicensed brokers are not subject to the same regulations as licensed brokers, which means that they are more likely to engage in fraudulent activities. Additionally, unlicensed brokers are not required to provide their clients with the same level of protection, which means that you are more likely to lose your money if you trade with an unlicensed broker.
Previous Traders’ Experience
There are a number of complaints online about Cboe.club. Some traders have reported that they were unable to withdraw their money from the platform, while others have reported that they were scammed out of their money altogether.
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