Is Crypto Trade Club Ltd a scam or not?

https://cryptotradeclub.ltd/

Crypto Trade Club Ltd appears to be fraudulent, given its lack of licensing and a warning issued by a financial regulator.

Our investigation indicates that Crypto Trade Club Ltd, despite claiming to be located in the UK, is not registered with the Financial Conduct Authority (FCA). We also conducted a search in the register of the European Securities and Markets Authority (ESMA) to verify if it holds a license within Europe, but found no evidence to support this claim. This contradicts its assertion of being regulated within the jurisdiction. Furthermore, the so-called "European Financial Security" that the company refers to appears to be a fictitious regulator.

Additionally, the Italian Companies and Exchange Commission (CONSOB) has added Crypto Trade Club Ltd to its warning list, categorizing it as a scam and ordering its website to be shut down.

Given these findings, Crypto Trade Club Ltd poses significant risks. Investors who trade with it run the risk of losing their funds. To mitigate such risks, we strongly recommend avoiding Crypto Trade Club Ltd and choosing a fully regulated broker instead.