Grease Wallet claims to be operated by Grease Wallet Inc. registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Grease Wallet is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.
In essence, Grease Wallet 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. It is unequivocally a scam.
Grease Wallet claims to be operated by Grease Wallet Inc. registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Grease Wallet is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.In essence, Grease Wallet 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. It is unequivocally a scam.