
On 6 Feb 2023, the British Columbia Securities Commission (BCSC) issued a warning that Comovest was not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/comovest
Comovest claims to be one of the largest CFD Trading brands around while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
Besides, Comovest shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA.
Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Comovest was not registered to trade in, or advise on, securities or derivatives in BC.
The truth is that Comovest 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.
Comovest claims to be one of the largest CFD Trading brands around while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
Besides, Comovest shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA.
Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Comovest was not registered to trade in, or advise on, securities or derivatives in BC.
The truth is that Comovest 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.
On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Comovest to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0
On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Comovest to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0
On June 5, 2023, the Ontario Securities Commission (OSC) issued a warning against Comovest, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/comovest
On June 5, 2023, the Ontario Securities Commission (OSC) issued a warning against Comovest, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/comovest
BrokersView found that the domain "Comovest" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "Comovest" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
