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Covotent
Operating status: SCAM
Website: https://www.covotent.com/
Broker violations and abnormal records
On 11 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Covotent was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/covotent
On 11 October 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Covotent was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/covotentAccording to its website, it is located in the USA. Upon investigation there is no matching information was found in the regulator.
The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Covotent was providing finacial services or products without authorisation.
The truth is that Covotent is not regulated by any regulator. Letting it hold or contorl investors' money is unsafe and the money can not be protected by any laws.
Therefore, Covotent is a scam.
According to its website, it is located in the USA. Upon investigation there is no matching information was found in the regulator.The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Covotent was providing finacial services or products without authorisation.The truth is that Covotent is not regulated by any regulator. Letting it hold or contorl investors' money is unsafe and the money can not be protected by any laws.Therefore, Covotent is a scam.BrokersView found that the domain "https://www.covotent.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.covotent.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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