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GULFSHORE TRADING

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Operating status: SCAM

Website: https://gulfshoretrading.com/

Broker violations and abnormal records
  • 2023-06-04 The UK FCA issued a warning against GULFSHORE TRADING

    On June 5, 2023, the Financial Conduct Authority (FCA) issued a warning against GULFSHORE TRADING, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/gulfshore-trading

    On June 5, 2023, the Financial Conduct Authority (FCA) issued a warning against GULFSHORE TRADING, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/gulfshore-trading
  • 2023-06-05 BrokersView has reviewed that GULFSHORE TRADING is an unregulated broker

    GULFSHORE TRADING fails to disclose its regulatory information and licensing data, which is a clear indicator of a scam. Legitimate brokers always prominently display their accreditation to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. Given its claim that it is located in the UK, GULFSHORE TRADING is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the FCA has issued a warning against GULFSHORE TRADING for illegally offering financial products or services without proper authorization.

    In essence, GULFSHORE TRADING 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.

    GULFSHORE TRADING fails to disclose its regulatory information and licensing data, which is a clear indicator of a scam. Legitimate brokers always prominently display their accreditation to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. Given its claim that it is located in the UK, GULFSHORE TRADING is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the FCA has issued a warning against GULFSHORE TRADING for illegally offering financial products or services without proper authorization.In essence, GULFSHORE TRADING 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.
  • 2023-07-23 The Spanish CNMV added GULFSHORE TRADING to its warning list

    On July 24, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added GULFSHORE TRADING to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

    On July 24, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added GULFSHORE TRADING to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

Related Complaints

Q&A

GULFSHORE TRADING's regulation?

Akbar Hayat
Samoa
2023-07-03
ANSWER GULFSHORE TRADING is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.GULFSHORE TRADING's failure to disclose its regulatory information can be interpreted as a clear scam indicator. To instill trust and transparency, legitimate brokers always prominently display their accreditation for investors to verify, whereas the lack of information thereof may suggest the status as an unlicensed broker.In an attempt to appear real, it displays an address in the UK, where GULFSHORE TRADING is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the FCA has added the broker to its warning list for illegally offering financial products or services without their authorization. You can access the full warning here.Regarding your question, GULFSHORE TRADING isn't subject to any regulation. It is an unlicensed broker with significant risks, including financial losses and identity theft. Once your information and money are held by the platform, there are no rules in place to safeguard them. Therefore, we strongly suggest investors stay away from unlicensed brokers like GULFSHORE TRADING and instead choose a fully regulated one to mitigate such risks.
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