If you are looking to trade in financial markets, choosing a reliable and trustworthy broker is crucial. However, with the growing number of scams in the online trading world, it’s essential to conduct thorough research before investing your hard-earned money. One such broker that has been in the news recently is Truist Alert Service. In this article, we will review the TruistAlertService broker and investigate whether it is a scam or a legit broker.
Is Truist Alert Service a Licensed Broker?
The first red flag with Truist Alert Service is that it is not a licensed broker. It claims to be based in the United Kingdom, but we could not find any record of it being registered with the UK Financial Conduct Authority (FCA). This lack of regulation means that Truist Alert Service is not held accountable to any regulatory authority, and there is no guarantee that your funds will be safe with them.
Why Should You Not Trust an Unlicensed Broker?
Unlicensed brokers are not subjected to any rules or regulations, which means that they can easily manipulate the market and your trades. Moreover, unlicensed brokers are not required to follow any security protocols, leaving your personal and financial information vulnerable to hackers and scammers.
Can Truist Alert Service Be Trusted?
Given that TruistAlertService is an unlicensed broker, it’s difficult to trust them with your money. The lack of regulation and oversight means that you have no recourse if anything goes wrong. Moreover, the broker’s website is full of generic information, and there is no information about the team behind Truist Alert Service, which raises further doubts about their legitimacy.
What Do Traders Think About TruistAlertService?
A quick online search reveals that there are numerous complaints about Truist Alert Service from traders who have invested with them. The most common complaint is that traders were unable to withdraw their funds, and the broker stopped responding to their queries after they had deposited money.
Scammed by TruistAlertService? – Talk To Our experts
If you have been scammed by TruistAlertService, it’s essential to take action immediately. Talking to our experts. They can help you explore your options and possibly recover your lost funds.