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Sprout Index
Operating status: SCAM
Website: https://www.sproutindex.com/
Broker violations and abnormal records
On Oct 29, 2025, the Financial Conduct Authority (FCA) issued a warning against Sprout Index, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sprout-index
On Oct 29, 2025, the Financial Conduct Authority (FCA) issued a warning against Sprout Index, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sprout-indexAccording to its website, it claims to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). However, a search revealed no matching information with CySEC. Furthermore, it lists its registration with the United States Securities and Exchange Commission (SEC) at the bottom of its website; clearly, the SEC does not have the authority to regulate foreign exchange. More notably, the FCA issued a warning against Sprout Index, believing this company might be providing financial services or products without proper authorization in the UK.
In fact, Sprout Index is not regulated by any authority. Therefore, Sprout Index is a scam.
According to its website, it claims to be regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). However, a search revealed no matching information with CySEC. Furthermore, it lists its registration with the United States Securities and Exchange Commission (SEC) at the bottom of its website; clearly, the SEC does not have the authority to regulate foreign exchange. More notably, the FCA issued a warning against Sprout Index, believing this company might be providing financial services or products without proper authorization in the UK. In fact, Sprout Index is not regulated by any authority. Therefore, Sprout Index is a scam.
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