Is Pinnacle Wealth a scam? I thought it is.

https://www.pinnaclewealth.online/

Dear Investor,

We are concerned that Pinnacle Wealth is not a legitimate trading platform.

Pinnacle Wealth claims to be registered with multiple regulatory agencies and lists its address in the United States. However, upon closer examination, the agencies it references do not have jurisdiction over foreign exchange trading, making its claims misleading. Additionally, searches for the platform in the registers of National Futures Association (NFA) and the Investment Industry Regulatory Organization of Canada (IIROC) yielded no matching records, further casting doubt on its legitimacy.

More alarmingly, the Financial Conduct Authority (FCA) has issued a warning against Pinnacle Wealth, suspecting that the company may be providing financial services without proper authorization in the UK.

Given these red flags, investors are strongly advised to avoid trading with Pinnacle Wealth. The platform exhibits clear signs of fraudulent activity, and entrusting funds to an unregulated entity like this could lead to significant financial losses.