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Operating status: SCAM

On June 30, 2023, the British Columbia Securities Commission (BCSC) issued a warning against Tierra500, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/tierra-group-ltd
Tierra500 claims to be operated by TIERRA GROUP Ltd., a company supposedly located in the UK. However, our search for the company in the UK Financial Conduct Authority (FCA) register didn't yield any results. This means Tierra500 has not been regulated by the UK financial watchdog and operates outside the regulatory framework.
Additionally, the British Columbia Securities Commission (BCSC) issued a warning against Tierra500, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, Tierra500 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.
On August 23, 2024, the Ontario Securities Commission (OSC) issued a warning against Tierra500, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/tierra-500-aka-tierra-group-ltd

BrokersView found that the domain "https://tierra500.com/;http://www.tierra500.net/" are 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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