Reported Website: https://volo.finance/
VOLO Finance claims to be a Master Introducing Broker (MIB) of Vlado Limited, a company licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities and Investments Commission (ASIC). First, we indeed find a match result to Vlado Limited in FINTRAC, but please be informed that FINTRAC is not a regulatory body that regulates entities engaging in forex services. Second, we did not find any match results to Vlado Limited in ASIC’s registry. That means VOLO Finance, as the introducing broker of Vlado Limited, is actually not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
