The Official Website Of Farz Cannot Be Accessed Properly At The Moment. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Purposes Only.
2022-06-02 We Have Confirmed Upon Review That Farz Is An Unregulated Forex Dealer
Farz Claims To Be A Reliable Company, But Neither Provides Details About The Office Address And Regulation Of Its Company Nor Provides Legal Documents (terms And Conditions, Risk Disclosure And Privacy Policy, Etc.). The Lack Of Such Information Is A Distinct Feature Of Unlicensed Dealers, As Compliance Dealers Always Display Their Certifications And Operating Licenses In A Conspicuous Position. The Fact Is That Farz Is Not Regulated By Any Regulatory Authority. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website Now, We Cannot Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Farz Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Farz As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company 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.
