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GMT Brokers Ltd
Operating status: SCAM
Broker violations and abnormal records
On 23 May 2024, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GMT Brokers Ltd was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-23-may-2024/718268
On 23 May 2024, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GMT Brokers Ltd was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-23-may-2024/718268According to its website, it claims to be regulated the Marshall Islands Registry (IRI) and Brokers Conduct Authority (BCA). Upon investigation, no matching information was found in the IRI. It is worth noting that there seems to be no official information found about the BCA organization it claims to be. It is likely to be a fake organization and cannot be trusted.
In addition, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GMT Brokers Ltd was providing financial services or products without authorisation.
The truth is that GMT Brokers Ltd is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.
GMT Brokers Ltd is a scam.
According to its website, it claims to be regulated the Marshall Islands Registry (IRI) and Brokers Conduct Authority (BCA). Upon investigation, no matching information was found in the IRI. It is worth noting that there seems to be no official information found about the BCA organization it claims to be. It is likely to be a fake organization and cannot be trusted.In addition, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that GMT Brokers Ltd was providing financial services or products without authorisation.The truth is that GMT Brokers Ltd is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.GMT Brokers Ltd is a scam.On October 11, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered GMT Brokers Ltd's website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-11-october-2024-abusive-/718268
On October 11, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered GMT Brokers Ltd's website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-11-october-2024-abusive-/718268
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