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SamilForex

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://my3l.com/Home/English/COZFX%20_%20Home.html

Website

Rating Index

Contact

info@my3l.com
https://my3l.com/Home/English/COZFX%20_%20Home.html

Licenses

Licensed Institution:COZFX Limited

License No.:757996

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
Warning: Low score, please stay away!
2024-12-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3

Basic information

Registered region
United Kingdom
Operating period
5-10 years
Company Name
SamilForex
Abbreviation
SamilForex
Company employee
--
Website
Company Summary
Review

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Official website

Website

  • my3l.com

    Server Location

    United States

    Website Domain Name

    my3l.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    2007-01-13

    Server IP

    23.20.239.12

Company Summary

Note: Regrettably, the official website of SamilForex, namely https://my3l.com/Home/English/COZFX%20_%20Home.html, is currently experiencing functionality issues.

SamilForex Review Summary
Founded 5-10 years
Registered Country/Region United Kingdom
Regulation FCA (Suspicious Clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Email: info@my3l.com

What is SamilForex?

SamilForex, a brokerage firm reportedly founded 5-10 years ago, claims to operate under the jurisdiction of the United Kingdom. However, FCA is suspected to be a suspicious clone. It is worth noting that SamilForex's customer support can be reached through an email address, specifically info@my3l.com.

SamilForex

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
N/A
  • FCA (Suspicious Clone)
  • Inaccessible website
  • Limited trust and transparency
  • Limited communication channels

Pros:

- N/A

Cons:

- FCA (Suspicious Clone): The claim of being regulated by the Financial Conduct Authority (FCA) raises suspicion, as it is suspected to be a clone or imitation. This lack of proper regulation can expose investors to potential risks and fraudulent activities.

- Inaccessible website: There have been reports of the SamilForex website being inaccessible, which can cause inconvenience and hinder access to essential information and services.

- Limited trust and transparency: The concerns surrounding SamilForex's legitimacy and regulation erode trust and transparency. Investors may find it difficult to ascertain the credibility and reliability of the brokerage, which can lead to doubts about the safety and integrity of their investment.

- Limited communication channels: The only available communication channel mentioned is an email address. This limited means of contact can hinder effective and efficient communication between the broker and investors, potentially causing delays or difficulties in addressing queries or concerns.

Is SamilForex Safe or Scam?

It is important to exercise caution and be aware of the potential risks when considering investing with SamilForex, as there are concerns about the legitimacy of their claimed Financial Conduct Authority (FCA) regulation. The broker's license type is suspected to be a clone, identified as Appointed Representative (AR) with license number 757996. This raises red flags regarding the reliability and credibility of their trading platform.

suspicious clone FCA license

Additionally, the fact that their official website is inaccessible further intensifies concerns about the trustworthiness of SamilForex. The inability to access their website can create difficulties for investors in terms of gathering necessary information and conducting proper research.

All these factors contribute to a higher level of risk associated with investing in SamilForex. Therefore, it is very important to do your own research before making any decisions. Take the time to carefully evaluate the potential risks compared to the potential rewards. It is generally recommended to choose brokers that are properly regulated by reputable authorities to ensure the safety of your funds and investments.

Customer Service

Customers can get in touch with customer service line using the information provided below:

Email: info@my3l.com

Conclusion

In summary, the cons associated with SamilForex significantly outweigh any pros. The lack of regulation, limited trust and transparency, and limited communication channels raise serious concerns that can potentially put investors at risk. It is crucial for investors to carefully consider these aspects and exercise caution before engaging with SamilForex or any other similar brokerage.

Frequently Asked Questions (FAQs)

Q 1: Is SamilForex regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at SamilForex?
A 2: You can contact via email: info@my3l.com.
Q 3: Is SamilForex a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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