There are three signs that the financial services provided through js.mba could potentially be unlawful:
1) Regulated brokers typically publicly disclose their licensing information to ensure transparency and compliance. However, JS, despite claiming to be regulated, only states that "Information on regulation, licenses, and other legal documents can be found in the personal cabinet". This lack of transparency raises concerns about its legitimacy and credibility, as it hinders investors' ability to verify the authenticity and legitimacy of the broker before registration.
2) The address provided is vague. While it claims to be located in the UK, it only mentions that it is at 40 Bank Street, a building, without specifying the exact office room or floor within the building. This raises doubts about whether it is actually located in this building and suggests an intention to evade customers and authorities.
3) We have not found any records on the Financial Conduct Authority (FCA) register that would validate the website's legitimacy. It appears that js.mba is operating outside of the regulatory framework enforced by the FCA, which is a significant indicator of a scam.
In essence, JS is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. JS appears to be a scam.
There are three signs that the financial services provided through js.mba could potentially be unlawful:1) Regulated brokers typically publicly disclose their licensing information to ensure transparency and compliance. However, JS, despite claiming to be regulated, only states that "Information on regulation, licenses, and other legal documents can be found in the personal cabinet". This lack of transparency raises concerns about its legitimacy and credibility, as it hinders investors' ability to verify the authenticity and legitimacy of the broker before registration.2) The address provided is vague. While it claims to be located in the UK, it only mentions that it is at 40 Bank Street, a building, without specifying the exact office room or floor within the building. This raises doubts about whether it is actually located in this building and suggests an intention to evade customers and authorities.3) We have not found any records on the Financial Conduct Authority (FCA) register that would validate the website's legitimacy. It appears that js.mba is operating outside of the regulatory framework enforced by the FCA, which is a significant indicator of a scam.In essence, JS is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. JS appears to be a scam.