ANSWER No, we strongly suggest you do not trust compoundingMarket.On its website, compoundingMarket claims that it is regulated by the Seychelles Financial Services Authority (Seychelles FSA). However, it is a false claim, as evidenced by the Seychelles FSA warning. According to the Seychelles' financial watchdog, the website https://compoundingmarket.org/ is not linked to any entity licensed or regulated by the FSA in any capacity.Furthermore, compoundingMarket's claim that it is regulated by the Cyprus Securities and Exchange Commission (CySEC) is unfounded either, as there are no records matching a company called compoundingMarket Limited, the website's purported operator, in the register of CySEC.Therefore, we strongly suggest investors avoid compoundingMarket. It is an unlicensed platform even attempting to convince unsuspecting investors using false regulatory information. That strongly suggests its intent to defraud. Once investors' money and personal information are held by the platform, there are no rules to protect them from fraud or theft. To mitigate such risks, it is advisable to steer clear of unlicensed brokers like compoundingMarket and choose a fully regulated one.
查看更多
