Upon Verification: NortenWay Is Operated Through The Website Https://nortenway.com/. The Broker Does Not Currently Have Any Valid Regulation.
According To An Internet Query Shows:
On November 14, 2024, The Cyprus Securities And Exchange Commission (CySEC) Added NortenWay To Its Warning List, Stating That It Does Not Belong To An Entity That Has Been Authorized To Provide Investment Services And/or Perform Investment Activities.
According To Its Website, It Is Located In The United Kingdom And Claims To Be Regulated By The European Financial Security Authority. After Searching, No Matching Information Was Found In The Financial Conduct Authority (FCA) And The European Securities And Markets Authority (ESMA).
Furthermore, The Cyprus Securities And Exchange Commission (CySEC) Has Added NortenWay To Its Warning List, Stating That It Does Not Belong To An Entity That Has Been Authorized To Provide Investment Services And Execute Investment Activities.
Essentially, NortenWay Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To The Company Is Extremely Risky, As There Are No Legal Safeguards To Keep Funds Safe.
NortenWay Appears To Be A Scam, And Traders Should Be Vigilant To Avoid Being Deceived.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct And Genuine Contact Information, Such As Phone Numbers Or Company Addresses.
NOTE: NortenWay As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies Accountable.
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 When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
