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Evergreen Oak Capital

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Operating status: SCAM

Website: https://evergreenoakcapital.com/

Broker violations and abnormal records
  • 2023-08-06 The UK FCA issues a warning against Evergreen Oak Capital

    On August 7, 2023, the Financial Conduct Authority (FCA) issued a warning against Evergreen Oak Capital, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/evergreen-oak-capital

    On August 7, 2023, the Financial Conduct Authority (FCA) issued a warning against Evergreen Oak Capital, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/evergreen-oak-capital
  • 2023-08-07 BrokersView has reviewed that Evergreen Oak Capital is an unregulated broker

    Evergreen Oak Capital fails to disclose any information about its regulatory status, a significant scam indicator. While it displays an address in the US to appear legitimate, there is no data in the register of the National Futures Association (NFA), suggesting that it is not subject to relevant regulatory body.

    Furthermore, the Financial Conduct Authority (FCA) has issued a warning against Evergreen Oak Capital, cautioning the public of this unauthorized firm.

    In essence, Evergreen Oak Capital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Evergreen Oak Capital fails to disclose any information about its regulatory status, a significant scam indicator. While it displays an address in the US to appear legitimate, there is no data in the register of the National Futures Association (NFA), suggesting that it is not subject to relevant regulatory body.Furthermore, the Financial Conduct Authority (FCA) has issued a warning against Evergreen Oak Capital, cautioning the public of this unauthorized firm.In essence, Evergreen Oak Capital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Is Evergreen Oak Capital regulated in US?

Andrew Bilal Ahmed
United States of America
2023-08-30
ANSWER Evergreen Oak Capital is apparently not a regulated broker in the US as there are no indications that it is registered as a member of the National Futures Association (NFA).Althought Evergreen Oak Capital has an address in the US, we have been unable to locate corresponding records in the NFA database. Furthermore, the platform's illegal operations have drawn a warning issued by the UK Financial Conduct Authority (FCA). The British financial watchdog has identifies it as an unauthorized firm targeting its residents without the required authorization.Therefore, Evergreen Oak Capital is not subject to any regulatory body. Its offerings of financial products or services are illegal. Once investors' money and personal information are held by the platform, there are no rules in place to prevent fraud or theft. To mitigate such risks, we strongly suggest investors stay away from unregulated brokers like Evergreen Oak Capital and instead choose a fully regulated one.
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