ChartChampions claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, our search for this broker in ASIC's registry did not yield any results. That means what ChartChampions claims on its regulatory status is a false statement to unsuspecting investors. In addition, the Financial Conduct Authority (FCA) has issued a warning against ChartChampions, believing it might be providing financial products or services in the UK without authorization.
The truth is, ChartChampions 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, it is a scam.
ChartChampions claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, our search for this broker in ASIC's registry did not yield any results. That means what ChartChampions claims on its regulatory status is a false statement to unsuspecting investors. In addition, the Financial Conduct Authority (FCA) has issued a warning against ChartChampions, believing it might be providing financial products or services in the UK without authorization.The truth is, ChartChampions 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, it is a scam.