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As I said before, I think there are many applications that are scams and have no license or regulation, this is the first thing we should look at when we enter an application in which you can open a brokerage account, we must look at the terms and policies and especially the regulations, in the two that I am, they have strong European Union regulations where they protect investors' funds.
Genius mobile app have company behind them. Name is InterCapital and center is in Zagreb, Croatia Capital City. They expect you will get 5.45% money back in year. Not withdraw fee.
it is regulated since they use main newsportals for advertising and relevant sources. Also it is verified by Croatian financial institution regulated by the Croatian Financial Services Supervisory Agency (HANFA). You must pass KYC process.s it a regulated app?
it is regulated since they use main newsportals for advertising and relevant sources. Also it is verified by Croatian financial institution regulated by the Croatian Financial Services Supervisory Agency (HANFA). You must pass KYC process.
It can be good business but just for sure don't invest a lot of money. Even Genius have headquater in my country I would still not go with big invest.What are your thoughts about companies that are regulated in unpopular countries like Vanuatu? I am currently working with a company which is registered in there. Do you think that it would be safe to deal with them?
It can be good business but just for sure don't invest a lot of money. Even Genius have headquater in my country I would still not go with big invest.
I suppose that in your country there is less regulation around these applications, it is important to always make sure that your money will be safe on the website or app where you deposit it, to save yourself from possible scams.European regulations are pretty strict and the same goes for regulations in other countries as well such as the U.S, United kingdom, Australia, etc. When it comes to conducting business, it is very important to deal with businesses that are regulated in these countries.
In my country, people even sold their businesses in order to invest in scam apps! They ultimately suffered from huge losses.