According to its website, it claims regulated by the Vanuatu Financial Services Commission (VFSC), and Securities Investment Business Law (SIBL). Upon investigation, no matching information was found in the VFSC and SIBL.
In addition, it claims regulated by the Financial Conduct Authority (FCA). Upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Cryptglobalmarkets was providing financial services or products in the UK without authorisation.
The truth is, Cryptglobalmarkets 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, Cryptglobalmarkets is a scam.
According to its website, it claims regulated by the Vanuatu Financial Services Commission (VFSC), and Securities Investment Business Law (SIBL). Upon investigation, no matching information was found in the VFSC and SIBL.In addition, it claims regulated by the Financial Conduct Authority (FCA). Upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Cryptglobalmarkets was providing financial services or products in the UK without authorisation.The truth is, Cryptglobalmarkets 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, Cryptglobalmarkets is a scam.