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Wall Of Trader
Operating status: SCAM
Website: https://www.walloftra.ltd/
Broker violations and abnormal records
On May 10, 2024, the Financial Conduct Authority (FCA) issued a warning against Wall Of Trader, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/wall-trader
On May 10, 2024, the Financial Conduct Authority (FCA) issued a warning against Wall Of Trader, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/wall-traderWall Of Trader purports to be a legitimate broker but merely claims to be a member of the Financial Commission, which is not a financial regulator. Alarmingly, the assertion of being a member of this commission appears to be false, as there are no records on the member list that match this broker.
Despite claiming to be located in the UK, it has failed to obtain authorization from the Financial Conduct Authority (FCA). This is evidenced by the warning issued against Wall Of Trader by the FCA.
In essence, Wall Of Trader is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Wall Of Trader appears to be a scam.
Wall Of Trader purports to be a legitimate broker but merely claims to be a member of the Financial Commission, which is not a financial regulator. Alarmingly, the assertion of being a member of this commission appears to be false, as there are no records on the member list that match this broker.Despite claiming to be located in the UK, it has failed to obtain authorization from the Financial Conduct Authority (FCA). This is evidenced by the warning issued against Wall Of Trader by the FCA.In essence, Wall Of Trader is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Wall Of Trader appears to be a scam.
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