Abstract:Originally founded in 2010 and with Bulgarian headquarters, GENIUS Trading operates as an unregistered business. This lack of regulatory supervision suggests that the company does not follow the compliance and protection rules required by regulated financial institutions, therefore raising the possible risks to investors.
Note:GENIUS Trading's official website:https://primexclub.com/?lang=en is currently inaccessible normally.
Aspect | Information |
Company Name | GENIUS Trading |
Registered Country/Area | Bulgaria |
Founded Year | 2010 |
Regulation | Unregulated |
Originally founded in 2010 and with Bulgarian headquarters, GENIUS Trading operates as an unregistered business. This lack of regulatory supervision suggests that the company does not follow the compliance and protection rules required by regulated financial institutions, therefore raising the possible risks to investors.
Unregulated, GENIUS Trading runs without the compliance and protection requirements mandated by financial regulatory agencies, therefore increasing the risks to investors by lack of openness and responsibility.
Since GENIUS Trading runs without any regulatory control, investors run more risk since there are no guarantees of adherence to financial criteria or protections.Traders find it difficult to assess the dependability and integrity of the platform since important knowledge on trading conditions, leverage, and contact techniques is not revealed.Reports and evidence point that GENIUS Trading perhaps engaged in dishonest behavior, including client account shutting out and trading situation manipulation.
An essential comment part in WikiFX is exposure.Before trading on unofficial platforms, we recommend users to check this part.It shows material and evaluate dangers. Please kindly visit our website for details.WikiFx has 4 exposures of it. I will introduce 2 of them.Exposure.1 Shady, unresponsive
Classification | Shady, unresponsive |
Date | February 20th,2023 |
Post Country | Australia |
The client advised others to stay away from the platform since GENius Trading locked them out of their account and provided sluggish customer care, therefore scamming them.One could visit:https://www.wikifx.com/en/comments/detail/Co202303304271823090.htmlExposure.2 Website down
Classification | Website down |
Date | December 12th,2022 |
Post Country | United States |
The consumer reported that the GENIUS Trading website is down and expressed hope that it is not a scam business since falling victim to money frauds is rather unpleasant.You could check:https://www.wikifx.com/en/comments/detail/Co202302162761113379.html
Finally, because of its lack of control, claims of unethical business behavior, and inaccessibility of its official website, trading with GENIUS Trading is quite dangerous. To guarantee better security and safety for their money, investors are highly suggested to select controlled brokers with open information and proven dependability.
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