Is Everest Trust a scam?

https://www.everestrust.com/

Given its unlicensed status, it appears that Everest Trust could potentially be a scam. 

The absence of regulatory information on its website is often seen as a red flag, as legitimate brokers usually display their accreditations and licenses prominently to ensure transparency and regulatory compliance. While Everest Trust claims to have an office in Switzerland, this is suspicious as this address seems to be linked to more than one company, some of them flagged by authorities. 

Moreover, the Swiss financial regulator, Financial Market Supervisory Authority (FINMA), has issued a warning against Everest Trust for its absence from its commercial register. This clearly indicates that Everest Trust is operating in or from Switzerland without any regulatory oversight. 

In light of these circumstances, investors are strongly advised to avoid unlicensed brokers like Everest Trust to protect themselves from potential fraud. For a safer trading environment, it is recommended to consider fully regulated brokers.