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Sollari

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Operating status: SCAM

Website: https://www.sollari.io/

Broker violations and abnormal records
  • 2023-05-29 The UK FCA issued a warning against Sollari

    On May 30, 2023, the Financial Conduct Authority (FCA) issued a warning against Sollari, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/sollari

    On May 30, 2023, the Financial Conduct Authority (FCA) issued a warning against Sollari, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/sollari
  • 2023-05-30 BrokersView has reviewed that Sollari is an unregulated broker

    Sollari claims to be owned and operated by Donecs LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 2648LLC2022. While it is true that corresponding records exist in the SVG FSA registry, investors must bear in mind that this authority has explicitly announced that it neither issues forex licenses nor regulates entities involved in such activities. Consequently, Sollari's provision of investment services remains unsupervised by the relevant regulatory body. In addition, the Financial Conduct Authority 
    (FCA) has issued a warning against Sollari for illegally operating without proper authorization.

    In essence, Sollari 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.

    Sollari claims to be owned and operated by Donecs LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 2648LLC2022. While it is true that corresponding records exist in the SVG FSA registry, investors must bear in mind that this authority has explicitly announced that it neither issues forex licenses nor regulates entities involved in such activities. Consequently, Sollari's provision of investment services remains unsupervised by the relevant regulatory body. In addition, the Financial Conduct Authority (FCA) has issued a warning against Sollari for illegally operating without proper authorization.In essence, Sollari 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.

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