It Has Been Verified That Algoproai (Mirabaud Group Ltd), Referred To As Algoproai, Operates Through The Website Https://algoproai.com/. The Broker Is Not Currently Under Any Effective Supervision.
The Company's Website Is Currently Defunct, Inaccessible, Appears To Have Closed Down, And Detailed Information About The Company Cannot Be Obtained Immediately. Traders Must Be Vigilant To Prevent Being Deceived And Causing Damage To Their Funds.
According To An Internet Query:
On November 14, 2024, The Italian Companies And Exchange Commission (CONSOB) Ordered The Closure Of The Website Of Algoproai (Mirabaud Group Ltd) Because It Illegally Provides Financial Services In Italy.
On December 3, 2024, The Financial Conduct Authority (FCA) Issued A Warning To Algoproai.com, Identifying The Company As A Clone Of An FCA-authorised Company.
The Website Of Algoproai (Mirabaud Group Ltd) Appears To Be Relatively New, With Its Domain Name Registered In June 2024. The Brand Claims To Be Owned By A Company Called Mirabaud Group Ltd, Which Is Allegedly Regulated By The Financial Conduct Authority (FCA).
However, The Company Has Been Flagged By The FCA As A Clone Company Operating A Phishing Website. In Any Case, This Fact Shows That Algoproai (Mirabaud Group Ltd) Is Not Reliable.
Furthermore, The Italian Companies And Exchange Commission (CONSOB) Has Ordered The Closure Of Algoproai (Mirabaud Group Ltd) 's Website Because It Is Illegally Providing Financial Services In Italy.
Essentially, Algoproai (Mirabaud Group Ltd) Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To The Company Is Extremely Risky, As There Are No Legal Protections To Keep The Funds Safe.
Algoproai (Mirabaud Group Ltd) Appears To Be A Scam.
And Most Non-compliant Brokers Will Not Disclose To Provide Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: The Company As An Unregulated Broker 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.
