ANSWER No, we strongly advise against trading with TIER TRADES, a seemingly fraudulent trading platform.The company's website displays four license numbers from various financial regulators, including the Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority (BaFin), the Mauritius Financial Services Commission (Mauritius FSC), and the Financial Services Authority of Seychelles (FSA Seychelles), linked to Tier Trades Ltd and TVH Ltd. However, these licenses are found to be baseless upon verification, suggesting deceptive practices by TIER TRADES.In addition, despite claiming to be UK-based, TIER TRADES lacks the necessary authorization from the Financial Conduct Authority (FCA) and has been flagged as an unauthorized firm by an FCA warning.Given these findings, it is highly risky engaging with TIER TRADES, or investors will be exposed to fraud and identity theft. To have a secure trading environment, it is advisable to stay away from unregulated platforms like TIER TRADES and instead choose fully regulated ones.
See more