Brief Look at Folgory
Folgory is a scam exchange run by Folgory Corp., registered in 2019 in the Seychelles. Initially viewed as a promising cryptocurrency exchange, Folgory's reputation has significantly declined, raising doubts about its legitimacy and operational integrity.
Compared to other leading platforms, Folgory's shortcomings are evident, particularly concerning its limited trading options, inadequate security measures, and questionable regulatory compliance. Users have reported difficulties withdrawing funds, suspecting fraudulent activity, and have posted negative reviews citing issues such as the absence of a physical office at the listed address.
The exchange's user interface and technical support have been criticized as subpar, and its fee structure further diminishes its appeal.
While Folgory offers some spot trading options and financial services, the numerous negative user reviews and lack of transparency regarding security protocols warrant caution.
Consequently, this broker has been blacklisted.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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