Equiti Group is taking a strong stance against scammers who are impersonating their brand in an attempt to defraud investors. The company is actively working with regulators to combat this fraudulent activity.
Mohammed AlAhmad Ketmawi, Co-founder and CEO of key Equiti Group entity Equiti Securities Currencies Brokers LLC, emphasized their commitment to protecting investors: “Our reputation is important, and we are dedicated to safeguarding the financial community from these scams.”
The Securities and Commodities Authority of the UAE (SCA) has released a public warning about the unregulated company that is misusing the Equiti name. Equiti Group stresses the importance of investor due diligence, urging individuals to always verify the regulatory status of financial entities and to report any suspicious behavior.
About Equiti Securities Currencies Brokers (ESCB)
Equiti Securities Currencies Brokers LLC is a licensed and regulated entity within the UAE. The company holds a Category 1 Trading Broker license from the Securities and Commodities Authority (license number 20200000026), authorizing them to offer Over-the-Counter Derivatives Contracts and Foreign Exchange Spot Markets trading.
