After Verification: EFundCrypto Is Operated Through The Website Https://efund-markets.com/.
The Company's Website Is Currently Out Of Operation, Inaccessible, And Appears To Have Closed Down. Traders Must Be Vigilant In Case Of Being Deceived And Causing Damage To Their Funds.
On November 15, 2024, The Federal Financial, Regulatory Agency (BaFin Corporation) Warned Consumers About, This Website Efund-markets.com, Stating That This Website Provides Financial And Investment Services Without The Necessary Authorization.
BaFin Original Link: Https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_11_13_efund_markets_com_en.html.
As For Regulation, It Has Been Reviewed That EFundCrypto Is An Unregulated Broker
The Domain Name Of EFundCrypto Was Just Registered In September 2024, Further Indicating The Significant Risks Associated.
The Website Does Not Provide Any Useful Company Information And Valid Licensing Details, Which Is A Major Red Flag For Cheating Platforms.
The Federal Financial Supervisory Authority (BaFin) Has Issued A Warning Against EFundCrypto, Highlighting These Points And Alerting Investors To This Unauthorized Company.
Essentially, EFundCrypto Is Not Regulated By Any Governing Body. Funds Entrusted To Investors Are High-risk As There Are No Legal Safeguards To Protect The Funds. EFundCrypto Appears To Be A Scam.
And Most Brokers That Are Not Compliant Will Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
Note: EFundCrypto As 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 You Invest In An Unregulated Broker, They Are Likely To 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 Brokers As Much As Possible When Choosing A Broker.
