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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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