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Do You Want to Know If Reinet Capitals Is Legitimate or a Scam Broker?
Reinet Capitals has been flagged by the FCA of the United Kingdom and the FSA of Romania as a clone firm and for violating standard practices required of brokers and financial institutions. Clone brokers are a growing problem, because they mislead the public and their purpose is to lead would-be clients away from regulated brokers. In addition, Reinet Capitals is alleged to have engaged in activities that may be fraudulent.
There Are Some Problems with Reinet Capitals
It’s important to research every broker before opening an account with them. Reinet Capitals has ambiguous licensing information, is a suspected clone broker and is engaging in less than transparent activities. This is enough to merit crossing Reinet Capitals off your list. Warnings from regulators should always be taken seriously, and in this case, it’s enough reason to stay away from Reinet Capitals.
Red Flags that Reinet Capitals Could Be a Scam Broker
- Flagged by FCA and FSA
- Clone broker
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Reinet Capitals, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Reinet Capitals close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.