CTmatador's Official Website Is Currently Inaccessible. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-08 The Belgian FSMA Has Placed CTmatador On The Warning List
CryptBull Shows That Its Company Office Address Is In The UK. According To UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Must Obtain An Authorization Or Business Registration From The UK Financial Conduct Authority (FCA). However, We Have Not Found Any Results In The FCA That Match CryptBull. This Means That CryptBull Is Not Licensed To Operate In The UK To Provide Financial Services.
More Importantly, The Spanish National Securities Market Commission (CNMV) Has Issued A Warning That The Company Is Providing Foreign Exchange Investment Services Without Authorization. Therefore Market Ltd Is Neither Commercially Registered Nor Regulated By Any Regulatory Authority. This Means That Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
2022-07-20 We Have Confirmed Upon Review That CTmatador Is An Unregulated Forex Broker
CTmatador Claims To Be A Reliable Broker Registered With The Financial Services Authority Of St. Vincent And The Grenadines (SVG FSA) With Company Registration Number 26456 BC 2021. We Searched SVG FSA And Found A Match With This Broker. However, Please Note That SVG FSA Neither Regulates Forex Activities Nor Issues Licenses To Operate Forex.
CTmatador Also Claims That Its Company Has Four Offices In The Netherlands, Singapore, Switzerland And The United Kingdom. According To The Relevant Laws, CTmatafor Should Be Regulated By Four National Regulators, Including The Dutch Financial Marekt Authority (AFM), The Monetary Authority Of Singapore (MAS), The Swiss Financial Marekt Supervisory Authority (FINMA) And The UK Financial Conduct Authority (FCA). However, We Did Not Find Any Results Matching This Broker Among The Aforementioned Regulators.
Furthermore, The Belgian Financial Services And Markets Authority (FSMA) Defines CTmatador As A Fraudulent Online Trading Platform.
The Fact Is That CTmatador Is Not Regulated By Any Regulatory Authority. It Is Not Safe For This Broker To Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Broker.
Since It Is Not Possible To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That CTmatador Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: CTmatador As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
