Is the site PellerTrading recommended?

https://pellertrading.com/

Dear Investor,

Thank you for reaching out with your inquiry. It is advised against trading with PellerTrading.

According to its website, the company claims to be regulated by the Swiss Financial Market Supervisory Authority (FINMA). However, upon investigation, we found that FINMA has issued a warning against PellerTrading, stating that this broker is not entered in its commercial register. This means the company is probably not regulated by any governing body.

Based on the available information, PellerTrading appears to be a scam.

Stay away unregulated brokers to protect your investments. If you have any further questions or need additional assistance, please let us know.