Verified: EXANGO Is Operating Through The Website Https://exango.org/. This Domain Name Was Registered In 2023 And Is An Unregulated Trader.
On November 11, 2024, Comisión Nacional Del Mercado De Valores (CNMV) Has Placed EXANGO On Its Warning List For Providing Investment Services Without Authorization.
The Lack Of Transparency In EXANGO Is Worrying Because They Remain Anonymous, Which Makes It Difficult To Hold Them Accountable And Increases The Risk Of Them Disappearing Without A Trace.
Despite Claiming To Be Based In The UK, There Is No Evidence That EXANGO Is Registered With The Financial Conduct Authority (FCA). In Addition, The National Securities Market Commission (CNMV) Has Issued A Warning Against EXANGO, Placing It On The List Of Warnings For Providing Unauthorized Investment Services.
In Essence, EXANGO Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To The Company Carries A High Risk As There Are No Legal Safeguards To Protect Such Funds.
EXANGO Appears To Be A Scam.
And Most Non-compliant Brokers Will Not Disclose Providing Their Direct Real Contact Information Such As Phone Number Or Company Address.
Note: EXANGO Being An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
