According to its website, it claims to be regulated by multiple regulators. Upon investigation, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA) and Federal Financial Supervisory Authority (BaFin).
In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Goldbysell24 to be blacked out since it offers financial services illegally in Italy.
In essence, Goldbysell24 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.
Goldbysell24 appears to be a scam.
According to its website, it claims to be regulated by multiple regulators. Upon investigation, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA) and Federal Financial Supervisory Authority (BaFin).
In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Goldbysell24 to be blacked out since it offers financial services illegally in Italy.
In essence, Goldbysell24 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.
Goldbysell24 appears to be a scam.