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Operating status: SCAM
Website: https://everrisebrokers.com/
On 21 Sep 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that Everrise Brokers is not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/everrise-brokers/
Everrise Brokers claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Moreover, it also claims to be located in Switzerland. So we searched the Swiss Financial Market Supervisory Authority (FINMA) but found the regulator issued a warning that Everrise Brokers is not entered in commercial register.
The truth is that Everrise Brokers is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
On 30 Jan 2023, the British Columbia Securities Commission (BCSC) issued a warning that Everrise Brokers was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/everrisebrokers
On 13 Feb 2023, the Comisión Nacional del Mercado de Valores(CNMV) issued a warning against Everrise Brokers for not being authorized to provide the investment services. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
On August 4, 2023, the Financial Conduct Authority (FCA) issued a warning against Everrise Brokers, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/everrise-brokers
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