The Financial Commission has been notified by concerned traders regarding the company Folionet Financial and its associated website.
Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps. Given this information, Folionet Financial will be placed on the Financial Commission’s Warning List.
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