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crownstone

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ANSWER Dear Investor, Thank you for reaching out. Our investigation suggests that Crownstone might be a scam. This brokerage firm claims to be registered in St. Lucia, an offshore center where forex trading activities are not licensed. Offshore areas are commonly known to provide lax regulation and minimal protection for investors, which should lead you to reconsider your choice of a broker allegedly registered there. In addition to this registration, we haven't found any other valid licensing information to prove Crownstone's legitimacy and compliance. We have reasons to believe that Crownstone is a scam. We strongly advise you to stay away from this unlicensed broker.

Is Crownstone good for investment?

Vigan Crouan

Dominica

2024-07-17

ANSWER No, Crownstone is risky due to its unlicensed status.Although the broker is registered in St. Lucia as an International Business Company, this registration does not imply authorization from relevant financial authorities. More importantly, the Financial Services Regulatory Authority (FSRA) of St. Lucia has stated that forex trading activities are not licensed in the country. This means Crownstone's forex trading operations are not permitted.In light of this, Crownstone seems to be operating in an unregulated environment, rendering its offerings highly risky. To protect their hard-earned money from potential fraud schemes, investors are strongly advised to stay away from unregulated brokers like Crownstone and instead choose fully regulated ones.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.