May I know the platform Traze is regulated？

https://traze.com/

Dear Investor,

Traze claims to operate and be regulated by multiple jurisdictions. However, our investigation has identified certain risks and uncertainties that warrant caution.

First, the platform states it is operated by Traze (Pty) Ltd, a company licensed by the Financial Sector Conduct Authority (FSCA) of South Africa. While our search of the FSCA’s public register confirms the existence of this licensed entity, the FSCA does not disclose the domain names or websites associated with its licensees. As a result, it is challenging to verify whether the online platform “Traze” is officially linked to the FSCA-licensed firm.

Additionally, Traze claims to be a trading name of Zeal Capital Market (Seychelles) Limited and Zeal Capital Market (UK) Limited—entities regulated by the Seychelles Financial Services Authority (FSA) and the UK Financial Conduct Authority (FCA), respectively. We have confirmed that both companies are validly licensed and that “TRAZE” is listed as a trading name under each. However, the official regulatory records do not include the specific domain used by the Traze website, but only "https://www.zfx.com" and "www.zfx.co.uk". This absence of domain-level verification creates uncertainty about the connection between the regulated entities and the platform being questioned about.

Given these gaps in verifiable information, the regulatory standing of the Traze platform remains unclear. While the underlying entities appear to hold valid authorizations, we still advise all investors to exercise caution when dealing with this broker to mitigate potential risks.