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cryptop spot

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I'v just made deposit in this platform. But someone told me that it is a scam. Pleas check it for me.
Christos
St.Pierre and Miquelon
2023-03-27
ANSWER Cryptop Spot is an unregulated broker even though it states offers that look too good to be true.Cryptop Spot claims to be incorporated in the United Kingdom and provides no further details over its regulatory status. Under applicable laws and regulations, the authority to supervise financial services and activities in the UK rests with the Financial Conduct Authority (FCA). However, when we searched this broker on the website of the FCA, we found that it was listed as an unauthorized firm by FCA for providing financial services or products in the UK without authorization.Regarding your question, Cryptop Spot is an untrustworthy broker without oversights from regulatory bodies. Letting this broker hold and control your funds or trading with them is very risky. There are no safeguards in place to protect investors from fraud or theft. Therefore, we would recommend staying away from such unlicensed brokers as Cryptop Spot and trading with fully regulated brokers.
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