Upon Verification: SHD Markets Is Operating Through The Website Https://shdmarkets.com/.
Reviewed SHD Markets Is An Unregulated Broker
On December 17, 2024, The Financial Conduct Authority (FCA) Issued A Warning To SHD Markets That The Company May Be Offering Financial Services Or Products In The UK Without Proper Authorisation.
SHD Markets Makes Baseless Claims That It Is Reputable And Reliable. However, Some Links On The Website Have Even Been Broken. No Valid Information Could Be Found To Indicate That SHD Markets Is Legitimate Or Properly Licensed. In Addition, The Financial Conduct Authority (FCA) Has Issued A Warning To SHD Markets, Flagging It As Unauthorized And Advising Investors To Stay Sober.
Essentially, SHD Markets Is Not Regulated By Any Governing Body. The Funds Entrusted To Investors Are High Risk As There Are No Legal Safeguards To Protect The Funds. SHD Markets Appears To Be A Scam.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
NOTE: SHD Markets As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies Accountable.
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.
Here Is The Link Published By The FCA:
Https://www.fca.org.uk/news/warnings/shd-markets
