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Pillarswift

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Operating status: SCAM

Website: https://pillarswift.com/

Broker violations and abnormal records
  • 2024-09-18 The FCA issues a warning about Pillarswift

    On September 19, 2024, the Financial Conduct Authority (FCA) issued a warning against Pillarswift, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/pillarswift

    On September 19, 2024, the Financial Conduct Authority (FCA) issued a warning against Pillarswift, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/pillarswift
  • 2024-09-19 BrokersView has reviewed that Pillarswift is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Pillarswift, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, Pillarswift 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.

    Pillarswift appears to be a scam.

    According to its website, it is located in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Pillarswift, believing this company might be providing financial services or products without proper authorization in the UK.In essence, Pillarswift 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.Pillarswift appears to be a scam.

Related Complaints

Q&A

Pillarswift scam? or not.

tibettexz
India
2024-09-23
ANSWER Dear Investor,Pillarswift appears to be a scam.Unlike reputable brokers that display their accreditations and licenses in the website footer to demonstrate legitimacy and transparency, Pillarswift fails to do so. The absence of such essential information is a strong indicator of a scam.Additionally, the Financial Conduct Authority (FCA) has issued a warning about this allegedly UK-based company due to its lack of the required authorization.Therefore, we strongly suggest you avoid using Pillarswift due to its unlicensed status. For a safer trading environment, we recommend opting for fully regulated brokers instead.
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