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Do You Want to Know If Chelsea Investment Is Legitimate or a Scam?
Chelsea Investment tries to attract customers with automated trading software. Plenty of people use this kind of software, but too often, if an unlicensed or trading service offers only automated software, that could be a sign it’s fake. These services use apps or software as a way of seizing sensitive information and sometimes even stealing client funds.Also, many people make the mistake of thinking automated software doesn’t have to carry a license. This isn’t true–any financial service has to be licensed.
There Are Some Problems with Chelsea Investment
Chelsea Investment does claim to have a license from St. Vincent and the Grenadines, but they show no proof of it. In any case, this is an offshore regulator that doesn’t provide any oversight to customers or require information from licensees. It charges an alarming 7.4 pips and many fees.
Red Flags that Chelsea Investment May Be a Scam
- Third-rate license
- Flagged by the FCA
- Exaggerated claims
- No transparency
- Bad reviews
If You Need Fund Recovery from Chelsea Investment Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Chelsea Investment, close it and request a withdrawal. If you are not given your money back, contact the Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.