According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).
Additionally, the Federal Financial Supervisory Authority (BaFin) has warned about Globalaurus for operating without the required authorization. BaFin also noted that the content of Globalaurus' website is identical to that of several previously flagged fraudulent platforms.
In essence, Globalaurus 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.
Globalaurus appears to be a scam.
According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).Additionally, the Federal Financial Supervisory Authority (BaFin) has warned about Globalaurus for operating without the required authorization. BaFin also noted that the content of Globalaurus' website is identical to that of several previously flagged fraudulent platforms.In essence, Globalaurus 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.Globalaurus appears to be a scam.