My account in HKselead was blocked without reasons! What's wrong with them?

https://www.hkselead.com/en/   

Hong Kong Selead Group Limited is not a licensed or regulated broker even though it states offers that look good to be true. Hong Kong Selead Group Limited claims to be an authorized representative of the Australian Securities & Investments Commission (ASIC) under supervision number: 001292498. However, when we checked in ASIC, we found the regulation ceased on 23 Feb 2022. 

More importantly, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Hong Kong Selead Group Limited is not authorized to providing financial services or products. You can check the full warning from here.

The truth is, Hong Kong Selead Group Limited is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Hong Kong Selead Group Limited and trade with licensed brokers.