TIOmarkets claims to be a trustworthy broker without presenting its regulation, contact, or any other information that can trace this broker. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and contact in a prominent position. It is a red flag.
Moreover, the British Columbia Securities Commission (BCSC) issued a warning that TIOmarkets is not registered to trade in, or advise on, securities or derivatives in BC.
The truth is that TIOmarkets is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
TIOmarkets claims to be a trustworthy broker without presenting its regulation, contact, or any other information that can trace this broker. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and contact in a prominent position. It is a red flag. Moreover, the British Columbia Securities Commission (BCSC) issued a warning that TIOmarkets is not registered to trade in, or advise on, securities or derivatives in BC. The truth is that TIOmarkets is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.