On 27 Dec 2022, Commission de Surveillance du Secteur Financier of Luxembourg (CSSF) issued a warning that ExpoChains was not supervised by the CSSF and not been granted any authorisation to provide investment services or other financial services in or from Luxembourg. You may visit : https://www.cssf.lu/en/2022/12/warning-regarding-the-activities-of-an-entity-named-expochains/

ExpoChains claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

According to its website, the broker is located in the Luxembourg. However, Commission de Surveillance du Secteur Financier of Luxembourg (CSSF) issued a warning that ExpoChains was not supervised by the CSSF and not been granted any authorisation to provide investment services or other financial services in or from Luxembourg. 

The truth is that ExpoChains is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

On July 13, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added ExpoChains to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

BrokersView found that the domain "https://www.expochains.com/en/" 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.