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Is Oliver Briggs a Scam Broker?
You may have been warned not to open an account with an unregulated broker and believe that, since Oliver Briggs has a license from St. Vincent and the Grenadines is safe. However, not all licenses are created equal. There are different levels of regulators, and St. Vincent and the Grenadines is third or fourth rate regulator. They do not provide oversight, but simply issue a license if a fee is paid.
Is Oliver Briggs a Scam or Legit Broker?
Not only does Oliver Briggs have a low-grade license, but the Nova Scotia Securities and Exchange Commission has warned the public about this broker. According to the NSSEC, Oliver Briggs has claimed that they are licensed to provide brokerage services to people in Nova Scotia, and this is not the case. Having a poor license and an official warning are enough reasons to stay away.
Here are some problems we have discovered from our research on Oliver Briggs and reviews:
- Low-grade license
- Warning from Novia Scotia Securities Commission
- Bad reviews
- Falsely claims that it is licensed to serve clients in Nova Scotia
Our experts do not recommend Oliver Briggs. We encourage visitors to do research, read our broker reviews, and select regulated brokers. If you have been scammed by Oliver Briggs or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.