In this article, we will review several brokers that fall under this category—Loopring Markets, Ollyn Investment, Extremelyproof, and Capitalassitintl. All of these brokers share a common trait: they operate without regulation, putting investors at significant risk.
Broker Overview
Loopring Markets
Loopring Markets, accessible through its website www.loopring.cc, claims to be a reliable company, but it does not provide any valid regulatory information or contact details. With no office address or phone number listed, and no mention of any governing authority overseeing its operations, Loopring Markets is entirely unregulated.
Ollyn Investment
Ollyn Investment’s website, www.ollyninvestment.com, is currently not working, raising suspicion about its credibility. Despite claiming to have been established in 2003, the domain was only registered in 2024. Its address, located in Singapore, does not match any official records from the Monetary Authority of Singapore (MAS). Like Loopring Markets, Ollyn Investment does not have any regulatory oversight, making it a dangerous option for investors.
Extremelyproof
Extremelyproof, found at www.extremelyproof.com, is another unregulated broker that recently emerged, with its domain registered only in September 2024. The website uses a template commonly associated with fraudulent activities, and it claims a registration certificate from Companies House (CH), which has been flagged as bogus. The Financial Conduct Authority (FCA) has issued a warning against Extremelyproof, as it lacks the necessary authorization to operate in the UK. This is a clear red flag for potential investors.
Capitalassitintl
Capitalassitintl, accessible at www.capitalassitintl.live, is another unregulated broker that uses a template-driven website. Registered at the end of 2023, it provides misleading information about its operations. The Financial Conduct Authority (FCA) has also issued a warning about Capitalassitintl for offering services without proper authorization, making it another risky platform for investors.
Are These Brokers Scam or Legit?
These brokers, despite their claims of legitimacy, are all operating without proper regulation, which raises significant concerns about their credibility. They share several characteristics commonly found in fraudulent brokers, such as the use of template websites, lack of valid regulatory licenses, and no transparency about their operations. The Financial Conduct Authority (FCA) has issued warnings against both Extremelyproof and Capitalassitintl, signaling that these brokers may be offering financial services or products without the necessary legal authorizations.
Without regulation, there are no legal safeguards to protect investors’ funds, making it highly likely that these brokers are not legitimate and may be involved in fraudulent activities.
Conclusion
In conclusion, when reviewing brokers like Loopring Markets, Ollyn Investment, Extremelyproof, and Capitalassitintl, it becomes evident that they all share critical red flags that indicate they are unregulated and potentially dangerous to investors. They lack transparency, regulatory oversight, and provide misleading information to entice clients. Therefore, it is crucial to stay cautious and avoid investing with such brokers. Always conduct thorough research and choose brokers that are regulated by reputable authorities to ensure the safety of your funds. When reading brokers reviews, make sure to verify the regulatory status and legitimacy of any platform before making any financial commitments.
Scams Report Review: Loopring Markets, Ollyn Investment, Extremelyproof, and Capitalassitintl
Scams Report, a trusted platform for exposing fraudulent practices, uncovering several red flags. These brokers exhibit behaviors commonly associated with scams, including operating without proper regulation, employing deceptive tactics, and failing to provide transparent information. These issues raise serious concerns about their legitimacy and reliability.
Scams Report also provides support to victims of online scams like forex trading scams, cryptocurrency schemes, social media schemes, and internet dating scams, offering free consultation and guidance on fund recovery.
If you’ve faced challenges with any of these brokers, don’t hesitate to contact us. Our experts are here to help you take the first step toward reclaiming your money.
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