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Terrarobo

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Operating status: SCAM

Website: https://www.terrarobo.pro/

Broker violations and abnormal records
  • 2023-11-29 The FSMA adds Terrarobo to its warning list

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Terrarobo to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Terrarobo to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2
  • 2023-12-05 BrokersView has reviewed that Terrarobo is an unregulated broker

    Terrarobo portrays itself as a safe trading platform for trading forex, cryptos and other assets. However, it fails to disclose regulatory information, a significant scam indicator.

    While it claims to be located in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA).

    What's more, the Belgian Financial Services and Markets Authority (FSMA) has added Terrarobo to its warning list as a fraudulent trading platform operating in the Belgian market.

    All these findings suggest that Terrarobo may not be subject to any regulatory body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Terrarobo is unequivocally a scam.

    Terrarobo portrays itself as a safe trading platform for trading forex, cryptos and other assets. However, it fails to disclose regulatory information, a significant scam indicator.While it claims to be located in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA).What's more, the Belgian Financial Services and Markets Authority (FSMA) has added Terrarobo to its warning list as a fraudulent trading platform operating in the Belgian market.All these findings suggest that Terrarobo may not be subject to any regulatory body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Terrarobo is unequivocally a scam.

Related Complaints

Q&A

Is is safe to invest in Terrarobo?

Zikhona Mavuya
Nepal
2024-01-10
ANSWER Terrarobo is not a safe investment option. It operates without a license, making it nearly impossible to realize profits.The absence of regulatory information raises concerns. Despite its claims of being based in the UK, it does not adhere to British laws and lacks authorization from the Financial Conduct Authority (FCA). Moreover, consumers have reported its fraudulent activities to the Financial Services and Markets Authority (FSMA). Consequently, the FSMA has issued a warning and identified Terrarobo as a fraudulent trading platform in the Belgian market.Given that Terrarobo is unlicensed and therefore fraudulent, it poses risks of fraud and identity theft. For a safer trading experience, it is advisable to avoid unlicensed platforms like Terrarobo and opt for fully regulated ones with strong reputations.
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