- May 09, 2023 The UK regulator FCA added Grease Wallet to warning list
On May 10, 2023, the Financial Conduct Authority (FCA) issued a warning against Grease Wallet, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/grease-wallet-inc
- May 10, 2023 BrokersView has reviewed that Grease Wallet is an unregulated broker
Grease Wallet claims to be operated by Grease Wallet Inc. registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Grease Wallet is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.
In essence, Grease Wallet is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Grease Wallet claims to be operated by Grease Wallet Inc. registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Grease Wallet is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.
In essence, Grease Wallet is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
- Mar 16, 2026 BrokersView has identified that Grease Wallet's website is currently offline
BrokersView found that the domain "https://www.greasewallet.com/" 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 "https://www.greasewallet.com/" 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.
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