Encounter Finance Ltd Review : Fees, Pros and Cons, Reviews by Real Traders

Encounter Finance Ltd

Operating status: SCAM

Website: https://www.enctops.com/en/

Broker violations and abnormal records

Jul 16, 2023 The Spanish CNMV issued a warning against Encounter Finance Ltd
On July 17, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Encounter Finance Ltd to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On July 17, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Encounter Finance Ltd to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Jul 17, 2023 BrokersView has reviewed that Encounter Finance Ltd is an unregulated broker
Encounter Finance Ltd presents itself as an established broker since 2016. However, its domain enctops.com was first registered in March, 2023. This contradictory situation is a red flag.
Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added Encounter Finance Ltd to its warning list for providing investment services without authorization.
In essence, Encounter Finance Ltd is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Encounter Finance Ltd presents itself as an established broker since 2016. However, its domain enctops.com was first registered in March, 2023. This contradictory situation is a red flag.Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added Encounter Finance Ltd to its warning list for providing investment services without authorization.In essence, Encounter Finance Ltd is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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