Caution Investors GoldnRise aka GoldanRise – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

GoldnRise aka GoldanRise is a company that operates through the website www.goldnrise.com. According to the website, the company has offices in London, New York, Hong Kong, and Dubai. The website also claims that the company has over 250,000 clients worldwide and offers access to over 200 trading instruments across various financial markets. The website states that the company is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

Regulation and Compliance:

However, a search on the official websites of these regulators reveals that GoldnRise aka GoldanRise is not registered or authorized by any of them. Moreover, the ASC issued a warning, stating that GoldnRise aka GoldanRise is not registered to trade or advise on securities or derivatives in Alberta. The ASC also advises investors to exercise caution when dealing with companies that are not registered in Alberta, as they may be involved in illegal or fraudulent activities. The ASC urges investors to check the registration status of any person or company offering an investment opportunity and to contact the ASC at 1-877-355-4488 or [email protected] for more information.

Customer Reviews:

A quick online search reveals that GoldnRise aka GoldanRise has received many negative reviews from customers who have experienced problems with withdrawing their funds, receiving poor customer service, being pressured to deposit more money, and being misled by false or misleading information. Some customers have also reported that they have been scammed by GoldnRise aka GoldanRise and have lost their money. There are very few positive reviews about the company, and most of them seem to be fake or paid.

Products and Services:

GoldnRise aka GoldanRise claims to offer trading services in various financial markets, such as forex, stocks, commodities, and cryptocurrencies. The company also claims to provide educational resources, market analysis, trading signals, webinars, and personal account managers. However, these products and services are not verified or endorsed by any reputable authority or organization. Moreover, the company does not disclose important information about its trading conditions, such as spreads, commissions, leverage, margin requirements, execution policies, withdrawal policies, fees, and risks.

Location of:

GoldnRise aka GoldanRise claims to have offices in London, New York, Hong Kong, and Dubai. However, these locations are not confirmed or verified by any official source. The company does not provide any physical address or phone number for these offices. The only contact information available on the website is an email address ([email protected]) and a live chat feature. However, many customers have complained that they have not received any response or assistance from these channels.

Customer Service:

GoldnRise aka GoldanRise claims to offer 24/7 customer support via email and live chat. However, many customers have reported that they have received no reply or help from the company’s customer service representatives. Some customers have also claimed that they have been ignored, blocked, or harassed by the company’s agents when they tried to contact them. The company does not provide any other means of communication, such as phone calls or social media platforms.

Defensive Measures Against Fraudulent Brokers:

GoldnRise aka GoldanRise does not provide any defensive measures against fraudulent brokers. The company does not offer any protection or compensation scheme for its clients’ funds. The company does not segregate its clients’ funds from its funds. The company does not use any reputable or regulated payment methods or providers. The company does not comply with any anti-money laundering (AML) or know-your-customer (KYC) policies or procedures.

Conclusion:

GoldnRise aka GoldanRise is a company that claims to offer trading services in various financial markets but is not registered or regulated by any authority. The company has been warned by the ASC for operating illegally in Alberta and has received many negative reviews from customers who have been scammed or mistreated by the company. The company does not provide any reliable or transparent information about its products and services, its location and customer service, or its defensive measures against fraudulent brokers. Therefore, it is strongly recommended to avoid dealing with GoldnRise aka GoldanRise, and to report any suspicious or fraudulent activity to the ASC or other relevant authorities.

Caution Investors CatalX CTS Ltd. – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

CatalX CTS Ltd. is a company that claims to offer a secure and compliant platform for trading cryptocurrencies and other digital assets in Canada. However, on January 18, 2024, the ASC issued a warning to the public that CatalX CTS Ltd. is not registered to issue, offer, or sell securities or derivatives in Alberta, and that it has not filed any reports or disclosures with the ASC as required by law. The ASC also advised investors to exercise caution when dealing with CatalX CTS Ltd. or any other unregistered company that offers securities or derivatives.

Regulation and Compliance:

The ASC is the regulatory agency responsible for overseeing the capital market in Alberta. It administers and enforces the Securities Act (Alberta) and the regulations and rules made under it. The ASC’s mandate is to protect investors from unfair, improper, or fraudulent practices, and to foster a fair and efficient capital market. The ASC requires that any company that issues, offers, or sells securities or derivatives in Alberta must be registered with the ASC, and must file periodic reports and disclosures with the ASC. These requirements are designed to ensure that investors have access to accurate and timely information about the company, its financial condition, its business activities, its risks, and its management.

Customer Reviews:

According to online reviews, CatalX CTS Ltd. has received mixed feedback from its customers. Some customers have praised the company for its user-friendly interface, its low fees, its fast transactions, and its customer service. However, some customers have complained about the company’s lack of transparency, its frequent technical glitches, its poor security measures, and its unresponsiveness to complaints. Some customers have also reported losing money due to unauthorized withdrawals, account freezes, price manipulation, and fraudulent charges.

Products and Services:

CatalX CTS Ltd. claims to offer a variety of products and services to its customers, such as:

– A platform for trading cryptocurrencies and other digital assets, such as Bitcoin, Ethereum, Litecoin, Ripple, and more.

– A wallet for storing and managing cryptocurrencies and other digital assets.

– A debit card for spending cryptocurrencies and other digital assets at merchants that accept them.

– A referral program for earning commissions by inviting others to join the platform.

– A loyalty program for earning rewards by trading on the platform.

Location of CatalX CTS Ltd:

States that it is based in Vancouver, British Columbia, Canada. However, the ASC warns that the company may not have a physical presence in Canada and that it may be operating from an offshore jurisdiction. The ASC also cautions that it may be difficult or impossible for investors to locate, contact, or sue the company in case of any disputes or problems.

Customer Service:

CatalX CTS Ltd. claims to provide 24/7 customer service via phone, email, and live chat. However, some customers have reported that the company’s customer service is unreliable, unprofessional, and unhelpful. Some customers have said that they have been unable to reach the company’s customer service representatives, or that they have been ignored, dismissed, or insulted by them. Some customers have also said that they have been given false or misleading information by the company’s customer service representatives.

Is Your Money Safe in an unregulated company?

The answer is no. Investing in an unregistered company that offers securities or derivatives is very risky and potentially illegal. You may lose all or part of your money if the company goes bankrupt, gets hacked, disappears, or engages in fraud. You may also face legal consequences if you violate any securities laws or regulations by investing in an unregistered company. You may not be able to recover your money or seek compensation from any regulatory authority or investor protection fund if you invest in an unregistered company.

Defensive Measures Against Fraudulent Brokers:

If you are interested in trading cryptocurrencies or other digital assets, you should do your due diligence before investing your money with any broker or platform. Here are some tips on how to protect yourself from fraudulent brokers:

– Check the registration status of the broker or platform with your local securities regulator. You can use the Canadian Securities Administrators’ National Registration Search tool to verify if a broker or platform is registered in your province or territory.

– Research the background and reputation of the broker or platform online. You can use online resources such as Google, Better Business Bureau, Trustpilot, and social media to find out more about the broker or platform’s history, performance, reviews, and complaints.

– Read the terms and conditions of the broker or platform carefully. You should understand the fees, risks, features, and limitations of the broker or platform before signing up or making any transactions.

– Avoid any broker or platform that promises unrealistic returns, guarantees profits, offers bonuses or incentives, or pressures you to invest quickly or urgently.

– Use a secure and reputable payment method when depositing or withdrawing money from the broker or platform. You should avoid using cash, wire transfers, gift cards, prepaid cards, or cryptocurrencies as payment methods, as they are difficult to trace and recover if something goes wrong.

– Keep your personal and financial information safe and confidential. You should never share your passwords, PINs, verification codes, account numbers, or other sensitive information with anyone, especially strangers or unsolicited callers. You should also use strong passwords and enable two-factor authentication for your online accounts.

Conclusion:

CatalX CTS Ltd. is an unregistered company that operates an online platform for trading cryptocurrencies and other digital assets. The ASC has issued a warning to the public that CatalX CTS Ltd. is not authorized to issue, offer, or sell securities or derivatives in Alberta, and that it has not filed any reports or disclosures with the ASC as required by law. The ASC has also advised investors to exercise caution when dealing with CatalX CTS Ltd. or any other unregistered company that offers securities or derivatives. Investing in an unregistered company is very risky and potentially illegal. You may lose all or part of your money if the company goes bankrupt, gets hacked, disappears, or engages in fraud. You may also face legal consequences if you violate any securities laws or regulations by investing in an unregistered company. You may not be able to recover your money or seek compensation from any regulatory authority or investor protection fund if you invest in an unregistered company. If you are interested in trading cryptocurrencies or other digital assets, you should do your due diligence before investing your money with any broker or platform. You should check the registration status of the broker or platform with your local securities regulator, research the background and reputation of the broker or platform online, read the terms and conditions of the broker or platform carefully, avoid any broker or platform that promises unrealistic returns, guarantees profits, offers bonuses or incentives, or pressures you to invest quickly or urgently, use a secure and reputable payment method when depositing or withdrawing money from the broker or platform, and keep your personal and financial information safe and confidential.

Caution Investors ApolloX – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

ApolloX is a company that claims to offer trading services in various financial markets, such as forex, commodities, indices, stocks, and cryptocurrencies. It also claims to provide educational resources, market analysis, trading signals, and account management services. However, the company is not registered with the ASC or any other regulatory authority in Canada or elsewhere. This means that it is not authorized to issue, offer, or sell securities or derivatives in Alberta or to report its activities to the ASC. The ASC has issued a warning to investors about ApolloX and advised them to exercise caution when dealing with this company.

Regulation and Compliance:

ApolloX is not regulated by any reputable financial regulator in the world. It does not have a license from the ASC, the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Securities Administrators (CSA), the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Europe, or any other authority that oversees the financial markets. This means that ApolloX does not comply with any rules or standards that protect investors from fraud, manipulation, or misconduct. It also means that ApolloX does not have to follow anti-money laundering (AML) or know-your-customer (KYC) policies that prevent criminal activities. Furthermore, ApolloX does not have to segregate its clients’ funds from its own or participate in any compensation scheme that would reimburse investors in case of insolvency.

Customer Reviews:

ApolloX has received mostly negative reviews from its customers on various online platforms. Many customers have complained about poor customer service, delayed or denied withdrawals, hidden fees and charges, false promises and guarantees, aggressive marketing tactics, and unauthorized transactions. Some customers have also reported that ApolloX has blocked their access to their accounts or deleted their accounts without any explanation. Some customers have even claimed that ApolloX is a scam and that they have lost their money to this company.

Products and Services:

ApolloX offers trading services in various financial markets through its web-based platform. The platform has a simple and user-friendly interface, but it lacks some advanced features and tools that are available on other platforms. The platform also does not support automated trading or social trading. ApolloX claims to offer competitive spreads and leverage, but its website does not disclose the exact values of these parameters. It also does not provide any information about the execution speed, slippage, requotes, or order types on its platform. ApolloX also offers educational resources, market analysis, trading signals, and account management services to its customers. However, these services are not verified by any independent source and may be inaccurate or misleading. Moreover, these services may involve additional fees or commissions that need to be clearly stated on the website.

Location of:

ApolloX does not provide any clear information about its location or contact details on its website. It only provides an email address and a phone number that are not toll-free. It does not have a physical address or a postal address that can be verified by customers. It also does not have any social media presence or online chat support that can be used by customers to communicate with the company.

Customer Service:

ApolloX has a poor customer service record according to many online reviews. Customers have reported that ApolloX’s customer service representatives are rude, unprofessional, unresponsive, or unavailable. Customers have also reported that ApolloX’s customer service representatives do not answer their questions or resolve their issues satisfactorily. Customers have also reported that ApolloX’s customer service representatives pressure them to deposit more money or upgrade their accounts without providing any benefits or guarantees.

Is Your Money Safe in an unregulated company?

Investing with an unregulated company like ApolloX is very risky and may result in losing your money. Unregulated companies are not subject to any oversight or supervision by any authority that can ensure their fairness and integrity. Unregulated companies are also not bound by any rules or standards that can protect your rights and interests as an investor. Unregulated companies are also not required to segregate your funds from theirs or participate in any compensation scheme that can reimburse you in case of insolvency. Unregulated companies may also engage in fraudulent or illegal activities such as manipulating prices, executing trades against you, charging hidden fees or commissions, stealing your identity or personal information, laundering money for criminals, or disappearing with your money.

Defensive Measures Against Fraudulent Brokers:

If you are considering investing with a company like ApolloX, you should take some defensive measures to protect yourself from fraud and scams. Here are some tips that can help you:

– Do your research. Check the background and reputation of the company and its owners, directors, managers, and employees. Look for online reviews, testimonials, complaints, and warnings from other customers or investors. Verify the company’s registration, license, and authorization status with the ASC or any other regulatory authority in your jurisdiction or the company’s jurisdiction. Check the company’s website and contact details for any red flags or inconsistencies.

– Be cautious. Do not trust any unsolicited offers or promises that sound too good to be true. Do not fall for any pressure tactics or emotional appeals that urge you to act quickly or urgently. Do not sign any documents or agreements that you do not understand or that contain unfavorable terms or conditions. Do not share any personal or financial information with the company or anyone associated with it unless you are sure of their identity and legitimacy.

– Be vigilant. Monitor your account and transactions regularly and report any suspicious or unauthorized activity to the company and the ASC. Keep records of all your communications and dealings with the company and its representatives. Seek professional advice from a lawyer, accountant, or financial planner before making any investment decisions.

Conclusion:

ApolloX is a company that claims to offer trading services in various financial markets, but it is not registered with the ASC or any other regulatory authority. The company has received mostly negative reviews from its customers and has been warned by the ASC to investors. The company does not provide any clear information about its location, contact details, products, and services, regulation and compliance status, or customer service quality. Investing with an unregulated company like ApolloX is very risky and may result in losing your money. Therefore, it is advisable to avoid this company and look for other alternatives that are regulated and reputable.

• Website: https://www.call4trade.com
• Regulation: N/A

• Location: N/A
• Caution Investors: Call4trade – Concerning the registration of the issuance, offer, or sale of securities/derivatives, as well as the associated reporting obligations

Overview of Call4trade

Call4trade is an unregulated investment platform. The problem with unregulated investment platforms is that they are not reliable and abuse regulations. Make sure to stay away from them as they are anonymous, and they can disappear at any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection.

Regulation and Compliance of Call4trade

Call4trade is unregulated and most likely illegal, which ultimately means that your funds will be in danger if you deposit. So, yet again, there is another reason to stay away from Call4trade.

As there is no regulation, the people running the platform can pocket your money without bearing any responsibility for their criminal actions. They can disappear anytime without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of clients’ funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirements that vary by country and may also depend on the product specification, business classification, and so on.

To make sure you are dealing with a regulated and known investment platform, you should be able to find easily who the CEO of this investment firm is, who is running it, etc. Lack of information is a big red flag since you don’t know who will be dealing with your money. This is the reason why they are dangerous to deal with.

On top of that, once you click and provide them with your email and contact number, they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most scammers are experienced manipulators, and before you know it, they’ll ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information, as there is also a chance to become a victim of identity theft, experiencing many more problems consequently.

Call4trade Customer Reviews

Depending on the amount of experience people have with investment platforms, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of you may not be aware that a problem is problematic before you already sign up. If they show any of these signs, either avoid them entirely or look very carefully before proceeding.

– Not regulated

– High fees and commissions

– Not enough information on the website

– Poor communication and refusal to answer questions

– Pushy manner

– Keeps mentioning rules and fees that were not outlined in the contract

– Does not let you withdraw money from your account

Products and Services Offered By Call4trade

Call4trade is not safe, and we say so because it’s an unregulated investment platform. These schemes are never secure. They always promise things they won’t deliver, and Call4trade makes no exception. They claim that customers can earn big money, which is a scam offer from any viewpoint. Such promises are ludicrous, and they show that Call4trade is a suspected scam you should avoid. Beware!

Call4trade Customer Support

Call4trade allows you to contact them through telephone contact and email. They do not provide any location. There is no certainty in the contact information available. However, fraudsters cut off communications upon receiving your money. It is impossible to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.

Are Funds Safe with Call4trade?

With such a lack of information and Call4trade being unregulated, funds are not safe. The security of funds is a huge problem with unregulated investment platforms. A red flag that we noticed is that they are withholding vital information from users. They could go bankrupt from one day to another since there is no banking information about them.

They do not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk, but your data may fall into the wrong hands, attracting criminal activities during the registration process.

The point at which many of our clients realize they are dealing with scam brokers is when they request to withdraw all funds, and the broker either won’t allow them or will make it difficult. They may employ the following tactics:

– Aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they holds the client’s funds.

– Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing.

– Cease communication. They may be evasive or simply not communicate at all.

If Call4trade is doing any of these things to avoid releasing your funds, contact our experts today.

Conclusion

Call4trade is an unregulated platform to avoid. Their investment method is unreliable. Unregulated investment scams, in particular, are usually operated anonymously. Sooner or later, the service will inevitably close. They usually target traders and investors with little or no experience by promising fictitious investment opportunities. You’d better stay far away from unregulated entities and trade with regulated platforms only.

There are also insolvency protections that unregulated platforms do not have access to if they go bust.

Platforms that are not registered with or regulated by a regulatory organization are considered unregulated. Because they are not subject to any laws or restrictions imposed by financial regulatory organizations, they are free to trade as they see fit. Choosing unlicensed platforms comes with its own set of disadvantages.

If you have been scammed, leave a comment, or if you wish to arrange a free consultation, feel free to submit your complaint by clicking the button below.

Caution Investors Decode Global Limited – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

Decode Global Limited claims to be a leading online trading platform that provides access to over 250 instruments across different asset classes. The company says it has a team of experienced professionals who offer market analysis, trading education, and personalized support to its clients. The company also claims to have advanced technology and security features that ensure fast execution, low spreads, and high leverage.

Regulation and Compliance:

However, according to the ASC, Decode Global Limited is not registered to trade in or advise on securities or derivatives in Alberta. This means that the company is operating illegally and may be involved in fraudulent activities. The ASC warns investors to exercise caution when dealing with Decode Global Limited and to avoid sending money or personal information to the company. The ASC also advises investors to check the registration status of any firm or individual offering investment opportunities and to report any suspicious activity to the ASC.

Customer Reviews:

A quick search on the internet reveals that Decode Global Limited has received many negative reviews from customers who claim to have lost money or been scammed by the company. Some of the common complaints include:

– The company does not process withdrawal requests or charge high withdrawal fees.

– The company uses aggressive sales tactics and pressure customers to deposit more money or upgrade their accounts.

– The company manipulates the trading platform or prices to cause losses for customers.

– The company does not provide any customer service or support and ignores emails or phone calls.

Products and Services:

Decode Global Limited offers four types of trading accounts: Basic, Silver, Gold, and Platinum. Each account has different minimum deposit requirements, spreads, leverage, commissions, and bonuses. The company also offers a demo account and an Islamic account for Muslim traders. The company claims to provide various trading tools and features, such as:

– A web-based trading platform that is compatible with any device and browser.

– A mobile app that allows trading on the go.

– A social trading feature that enables copying the trades of other successful traders.

– A market news section that provides updates on the latest economic events and trends.

– An education center that offers tutorials, videos, webinars, and ebooks on various trading topics.

Location:

Decode Global Limited does not disclose its physical address or contact details on its website. The only way to reach the company is through an online form or an email address. This raises doubts about the legitimacy and transparency of the company. Moreover, the company does not mention which jurisdiction it operates under or which regulatory authority it follows. This means that the company is not accountable to any legal or financial standards and may not comply with any rules or regulations.

Customer Service:

As mentioned earlier, many customers have complained about the lack of customer service or support from Decode Global Limited. The company does not provide any phone number or live chat option for customers to contact them. The only way to communicate with the company is through email, which often goes unanswered or receives generic responses. Customers also report that the company’s representatives are rude, unprofessional, and unhelpful.

Is Your Money Safe in an Unregulated Company?

The answer is no. Investing with an unregulated company exposes you to many risks and dangers, such as:

– You have no legal protection or recourse if the company goes bankrupt, disappears, or refuses to pay you your money.

– You have no guarantee that the company follows fair and ethical business practices or maintains adequate capital reserves.

– You have no assurance that the company segregates your funds from its funds or keeps them in reputable banks.

– You have no access to any dispute resolution mechanism or compensation scheme if you have any issues or complaints with the company.

Defensive Measures Against Fraudulent Brokers:

To avoid falling victim to fraudulent brokers like Decode Global Limited, you should follow these steps:

– Do your research before investing with any broker. Check their registration status, reputation, reviews, products, services, fees, terms and conditions, etc.

– Be wary of any broker that offers unrealistic returns, bonuses, promotions, or guarantees. Remember that if something sounds too good to be true, it probably is.

– Be cautious of any broker that asks for personal information or money upfront or pressures you to make quick decisions or large deposits.

– Be vigilant of any broker that changes their contact details frequently or does not provide clear and consistent communication.

– Be careful of any broker that manipulates the trading platform or prices or interferes with your trading activities.

– Be alert of any broker that does not allow you to withdraw your money or imposes unreasonable restrictions or charges for withdrawals.

Conclusion:

Decode Global Limited is a scam broker not registered or regulated by any authority and may be involved in illegal or fraudulent activities. The company has received many negative reviews and complaints from customers who have lost money or been cheated by the company. The company does not provide any reliable or trustworthy products, services, or customer support. The company poses a high risk to your money and personal information. We strongly advise you to stay away from Decode Global Limited and to report any suspicious activity to the ASC or other relevant authorities.

Caution Investors PlutusLegacy Trust – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

PlutusLegacy Trust is a company that operates through its website, www.plutuslegacytrust.com. According to the website, the company offers various financial products and services, such as trading in forex, stocks, commodities, indices, and cryptocurrencies, investing in funds and portfolios, and wealth management solutions. 

Regulation and Compliance:

However, the Alberta Securities Commission (ASC) has issued a warning about PlutusLegacy Trust. The ASC stated that PlutusLegacy Trust is not registered to trade in or advise on securities or derivatives in Alberta. The ASC also advised investors to exercise caution when dealing with companies that are not registered or are not complying with securities laws.

Customer Reviews:

A quick search on the internet reveals that PlutusLegacy Trust has received many negative reviews and complaints from customers. Some of the common issues reported by customers are:

– Difficulty in withdrawing funds or closing accounts

– High fees and commissions

– Poor customer service and communication

– False or misleading information and promises

– Pressure to deposit more money or upgrade accounts

– Manipulation of trading results or account balances

Products and Services:

PlutusLegacy Trust claims to offer a wide range of financial products and services, such as:

– Trading in forex, stocks, commodities, indices, and cryptocurrencies

– Investing in funds and portfolios

– Wealth management solutions

However, these products and services are not regulated or supervised by any authority. Therefore, customers have no protection or recourse in case of any dispute or loss. Moreover, these products and services are very risky and complex, and may not be suitable for all investors.

Location of PlutusLegacy Trust:

PlutusLegacy Trust claims to have offices in Canada, the UK, Australia, and Hong Kong. However, these claims are not verified or confirmed by any regulator or authority. The ASC warned that PlutusLegacy Trust may be operating from overseas and using fake or virtual addresses. Therefore, customers may not be able to contact or locate the company in case of any problem.

Customer Service:

PlutusLegacy Trust claims to provide 24/7 customer service through phone, email, live chat, and social media. However, many customers have reported that the company’s customer service is very poor and unresponsive. Customers have also complained that the company’s representatives are rude, aggressive, or unprofessional. Some customers have even alleged that the company’s representatives have threatened or harassed them.

Is Your Money Safe in an Unregulated Company?

The answer is no. When you deal with an unregulated company like PlutusLegacy Trust, you are exposing yourself to many risks and dangers. Some of these risks are:

– You may lose all your money if the company goes bankrupt or disappears

– You may not be able to withdraw your money or access your account

– You may not be able to verify the legitimacy or performance of the company

– You may not be able to file a complaint or seek compensation if you are scammed or defrauded

– You may not be able to recover your money if you are a victim of identity theft or cybercrime

Defensive Measures Against Fraudulent Brokers:

If you are considering dealing with PlutusLegacy Trust or any other unregulated company, you should take some defensive measures to protect yourself and your money. Some of these measures are:

– Do your research before investing with any company. Check their registration status, reputation, reviews, complaints, and warnings.

– Do not trust any unsolicited offers or promises that sound too good to be true. Be wary of high-pressure sales tactics or unrealistic returns.

– Do not share your personal or financial information with anyone you do not know or trust. Be careful of phishing emails or calls that ask for your details or passwords.

– Do not invest more than you can afford to lose. Be aware of the risks and costs involved in trading or investing.

– Do not hesitate to ask questions or seek advice from a reputable financial professional.

Conclusion:

PlutusLegacy Trust is a company that claims to offer various financial products and services. However, the company is not registered or regulated by any authority. The ASC has issued a warning about the company’s registration and compliance status. Moreover, the company has received many negative reviews and complaints from customers. Therefore, we advise you to avoid dealing with PlutusLegacy Trust or any other unregulated company.

Caution Investors synth.trade – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Overview:

Synth.trade is a website that claims to provide access to various financial markets, such as forex, stocks, commodities, indices, and cryptocurrencies. The platform also claims to offer advanced trading tools, educational resources, and customer support. However, synth.trade is not registered with the ASC or any other securities regulator in Canada. This means that synth.trade is operating illegally and may be involved in fraudulent activities.

Regulation and Compliance:

According to the ASC, any person or company that engages in the business of trading in securities or derivatives in Alberta must be registered with the ASC, unless an exemption applies. Registration helps protect investors by ensuring that the registrants meet certain standards of proficiency, solvency, and integrity. Moreover, registered dealers and advisers are subject to ongoing oversight and enforcement by the ASC. Synth.trade does not have any registration or exemption from the ASC. Therefore, synth.trade is violating the securities laws and exposing investors to significant risks.

Customer Reviews:

A quick search on the internet reveals that synth.trade has received many negative reviews and complaints from customers who have lost money or encountered problems with the platform. Some of the common issues reported by customers include:

– Difficulty in withdrawing funds or closing accounts

– High fees and commissions

– Poor execution and slippage

– False or misleading advertising

– Aggressive or harassing sales tactics

– Lack of transparency or disclosure

– Manipulation of prices or charts

– Identity theft or phishing

Products and Services:

Synth.trade claims to offer a variety of products and services to its customers, such as:

– A web-based trading platform that supports multiple devices and languages

– A range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies

– A choice of account types, from basic to VIP, with different features and benefits

– A selection of payment methods, including credit cards, e-wallets, and cryptocurrencies

– A team of professional analysts and educators who provide market insights and training

– A customer service department that is available 24/7 via phone, email, or live chat

However, these claims are not verified or supported by any evidence. In fact, synth.trade may be offering products and services that are not authorized or regulated by the ASC or any other securities regulator in Canada. For example, synth.trade may be offering contracts for difference (CFDs), which are complex and risky derivatives that are banned in some jurisdictions. Furthermore, synth.trade may be using third-party providers or intermediaries that are also unregulated or unreliable.

Location of Synth.trade:

Synth.trade does not disclose its physical address or contact details on its website. The only information available is a phone number with a UK country code (+44) and an email address ([email protected]). However, these details may not be accurate or trustworthy. According to the WHOIS database, the domain name synth.trade was registered on September 9, 2021, by a person or entity named Privacy Protect LLC, located in Burlington, Massachusetts, USA. However, this may be a proxy service that hides the true identity and location of the owner of synth.trade.

Customer Service:

Synth.trade claims to have a customer service department that is available 24/7 via phone, email, or live chat. However, many customers have reported that synth.trade’s customer service is either unresponsive or unhelpful. Some customers have also alleged that synth.trade’s customer service agents are rude, aggressive, or abusive. Moreover, some customers have claimed that synth.trade’s customer service agents have tried to pressure them into depositing more money or accepting bonuses that come with restrictive terms and conditions.

Is Your Money Safe in an Unregulated Company?

The answer is no. When you deal with an unregulated company like synth.trade, you are putting your money at risk. Unregulated companies are not subject to any rules or standards that protect investors’ funds. For example:

– Unregulated companies do not segregate client funds from their funds. This means that they can use your money for their purposes or combine it with other clients’ money.

– Unregulated companies do not hold client funds in reputable banks or custodians. This means that they can store your money in offshore accounts or shell companies that are difficult to trace or recover.

– Unregulated companies do not have adequate capital or liquidity to meet their obligations to clients. This means that they can become insolvent or bankrupt at any time and leave you with nothing.

– Unregulated companies do not participate in any compensation schemes or insurance programs that cover investors’ losses in case of fraud or failure. This means that you have no recourse or remedy if something goes wrong with synth.trade.

Defensive Measures Against Fraudulent Brokers:

If you are considering trading in securities or derivatives, you should always check the registration status and background of the person or company you are dealing with. You can do this by using the National Registration Search tool on the Canadian Securities Administrators (CSA) website. You can also contact the ASC or your local securities regulator for more information or assistance. In addition, you should follow these tips to protect yourself from fraudulent brokers:

– Do your own research and due diligence before investing your money

– Avoid platforms that promise unrealistic returns or guarantee profits

– Beware of platforms that use high-pressure sales tactics or offer bonuses or incentives that are too good to be true

– Read and understand the terms and conditions of any contract or agreement you sign

– Keep records of all your transactions and communications with the platform

– Never share your personal or financial information with anyone you do not know or trust

– Report any suspicious or illegal activity to the ASC or your local securities regulator

Conclusion:

Synth.trade is an unregulated and potentially fraudulent online platform that claims to offer trading in various securities and derivatives. However, the ASC has issued a warning about the risks of dealing with such platforms. Synth.trade is not registered with the ASC or any other securities regulator in Canada. This means that synth.trade is operating illegally and may be involved in fraudulent activities. Synth.trade has also received many negative reviews and complaints from customers who have lost money or encountered problems with the platform. Therefore, we advise you to avoid synth.trade and any other unregulated platforms that offer similar products and services. If you have any questions or concerns, please contact the ASC or your local securities regulator.