The Dutch Authority for the Financial Markets (AFM) warns against ARKcoin. The company is suspect as a scam.
According to AFM, ARKcoin has approached persons without being asked to offer them investment proposals.
The AFM confirms that ARKcoin does not have an AFM licence or any European Passport.
Unauthorised Firm Details
Name: ARKcoin Address: First floor, First St Vincent Bank Ltd Building, James Street Kingstown, St Vincent and the Grenadines Email: support@arkcoin.cc Tel: +447887793061 Website: https://arkcoin.cc
How To Protect Yourself From Scams
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.