According to its website, it is located in the United States, and it also claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission, Mauritius (Mauritius FSC), and Securities Exchange Commission (FSC). However, upon investigation, no matching information was found. In addition, it claimed to be registered with the Financial Commission, but no matching information was found.
Furthermore, it claimed to be supervised by the Financial Conduct Authority (FCA). Upon investigation, it was found that the FCA had not authorized it, and the Financial Conduct Authority (FCA) issued a warning against Cryptoversefxtrade, believing this broker might be providing financial services or products without proper authorization.
In essence, Cryptoversefxtrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Cryptoversefxtrade is unequivocally a scam.
According to its website, it is located in the United States, and it also claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission, Mauritius (Mauritius FSC), and Securities Exchange Commission (FSC). However, upon investigation, no matching information was found. In addition, it claimed to be registered with the Financial Commission, but no matching information was found.Furthermore, it claimed to be supervised by the Financial Conduct Authority (FCA). Upon investigation, it was found that the FCA had not authorized it, and the Financial Conduct Authority (FCA) issued a warning against Cryptoversefxtrade, believing this broker might be providing financial services or products without proper authorization.In essence, Cryptoversefxtrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Cryptoversefxtrade is unequivocally a scam.