Verified: Tela Group Limited Is Operating Through The Website Https://www.telaforex.vip/, This Domain Name Was Registered In December 2021.
Reviewed Tela Group Limited Is An Unregulated Broker
Tela Group Limited Claims To Be Registered In Hong Kong, China. The Company Claims To Have Been In The Market Since 2014, But Its Domain Name Was Registered In Late 2021.
This Inconsistency Is A Red Flag For Potentially Fraudulent Platforms. Our Search In The Register Of The Hong Kong Securities And Futures Commission (HK SFC) Did Not Find Any Corresponding Records Indicating That Its Financial Services Or Products Are Neither Licensed Nor Regulated In Hong Kong.
Furthermore, Its Alleged Partnerships With Citibank And Other Well-known Entities Exist Only On Its Website And Are Therefore Unfounded And Not Credible. This Is A Fraudulent Act.
Essentially, Tela Group Limited Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To The Company Carries A High Risk As There Are No Legal Safeguards To Safeguard The Safety Of These Funds.
Tela Group Limited Appears To Be A Scam.
And Most Non-compliant Brokers Will Not Disclose To Provide Their Direct Truthful Contact Information, Such As Phone Number Or Company Address.
Note: Tela Group Limited As An Unregulated Broker Means That Clients' Investments 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.
