Financial Commission Issues Warning Against Folionet Financial

The Financial Commission, an external dispute resolution (EDR) body dedicated specifically to FX, announced on Thursday the addition of a trading platform Folionet Financial to its Warning List.

Specifically, the Commission has been notified by concerned traders regarding the company Folionet Financial and its associated website (https://folionet-financial.com/). Upon reviewing the submitted information from potential customers of this broker, it has determined that the indicated company and associated website were suspicious of defrauding investors and traders.

Based on the information offered on its website, the firm has registered in 2017 in United State with the company number SEC licence 8-69775.

In light of the aforesaid information, the Financial Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps.