Reported Website: http://www.eqonetech.com/
EQQNETECH claims it is a regulated and registered broker under the registration number: 98122. However, it does not mention where or which authority it has regulation. EQQNETECH shows its office address is in the Republic of the Marshall Islands, but we did not find any match results to EQQNETECH in the Marshall Islands Registry (IRI). Besides, Marshall IRI does neither issue licenses for forex trading nor regulate entities that offer forex activities. The truth is that EQQNETECH is not overseen by any regulators. That means investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
