BrokersView
Search
Download
English
Sign In

Chainpilot

Save

Operating status: SCAM

Website: https://chainpilot.co/

Broker violations and abnormal records
  • 2024-03-13 The German BaFin issues a warning about Chainpilot

    On March 14, 2024, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Chainpilot and the services it is offering, suspecting the unknown operators of offering consumers financial and investment services on the website chainpilot.co without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_02_26_Chainpilot_en.html

    On March 14, 2024, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Chainpilot and the services it is offering, suspecting the unknown operators of offering consumers financial and investment services on the website chainpilot.co without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_02_26_Chainpilot_en.html
  • 2024-03-19 BrokersView has reviewed that Chainpilot is an unregulated trading platform

    Chainpilot, despite the claims of being regulated, doesn't provide any details regarding its legal form and licenses. The lack of transparency is a significant scam indicator.

    What's more, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Chainpilot and the services it is offering, suspecting the unknown operators of offering consumers financial and investment services on the website chainpilot.co without the required authorization.

    In essence, Chainpilot is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Chainpilot appears to be a scam.

    Chainpilot, despite the claims of being regulated, doesn't provide any details regarding its legal form and licenses. The lack of transparency is a significant scam indicator.What's more, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Chainpilot and the services it is offering, suspecting the unknown operators of offering consumers financial and investment services on the website chainpilot.co without the required authorization.In essence, Chainpilot is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Chainpilot appears to be a scam.

Related Complaints

Q&A

Can I trade GBP/AUD with them??

Abdur Rahman
Algeria
2024-03-26
ANSWER Chainpilot is not a licensed platform and we strongly advise against using it.The platform fails to provide a transparent trading environment for investors. Its lack of transparency about contact information and potential licensing data raises concerns about non-compliance. Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a public warning against Chainpilot, suspecting that unidentified operators are offering financial and investment services on the chainpilot.co website without the necessary authorization.Given these circumstances, Chainpilot presents significant risks of fraud and identity theft. To protect their interests, investors are strongly advised to avoid Chainpilot and instead opt for fully regulated brokers.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.