Caution! Canyon Trend US is an offshore company! Your funds may be at risk.
RECOMMENDED FOREX BROKER
Canyon Trend US Key Features
🔴 Canyon Trend US is an officially exposed scam. Avoid!
🔴 Canyon Trend US has negative customers reviews. A red flag!
🔴 Canyon Trend US is not transparent. A red flag!
🔴 Canyon Trend US creates unrealistic expectations. A red flag!
Canyon Trend US Products and Services
Canyon Trend US is a deceitful brokerage offering leveraged Forex, other CFDs and crypto trading. They do not tell the public much about the services, but already two regulators blacklisted Canyon Trend US, so make sure to stay away because you’ll lose money if you deposit there. And nevertheless, Canyon Trend US claims to offer superior spreads and $1 000 000 insurance for clients, none of which is actually true, so the fake brokerage apparently tries to create a false sense of security and hope- typical for scammers. Beware!
Scams involve investments with ultra-high ROIs, get-rich-quick schemes, or guaranteed profits. Always be wary of investment possibilities that offer a large return with little or no risk — if it seems too good to be true, it most likely is, so that’s potentially a scam. Also, note that during volatile times, any investment that regularly increases month after month—or that produces astonishingly stable returns independent of market conditions—should raise questions. Even low-risk investments are not entirely secure. Therefore, every time you see promises for risk-free guaranteed profits, you should remain sceptical because these people aim to create a false sense of security. Beware!
Canyon Trend US Company and Regulation
|Company:||Canyon Trend US|
|Warnings:||CySEC (Cyprus) and FSA (Seychelles)|
Canyon Trend US pretends to be licensed by the Seychelles regulator FSA, but the authority single-handedly exposed the brokerage as fraudulent with its warning publication. And independently from FSA, the Cypriot regulator CySEC also issued a warning against Canyon Trend US, so it’s actually exposed as a scam by two regulators! Avoid!
Almost all regulators frequently update their warning lists with shady business entities selling financial products and services without authorization. In other words, all these companies are breaching financial rules and regulations; therefore, they are unsafe and, most usually, scams. Needless to say, you should avoid any company with a warning on its name.
The US regulators are no exception. For example, SEC has its PAUSE list, including business entities falsely claiming to be registered, licensed, or located in the States. The PAUSE Program also lists impersonators, fictitious regulators, governmental agencies, or international organizations- scams, in other words. Additionally, CFTC maintains a RED list (Registration Deficient List) containing names of unauthorized foreign entities that appear to be acting in a way that requires registration with the CFTC. However, the RED list inclusion doesn’t necessarily mean that the particular entity has been caught in violation, but you’d better remain cautious.
The bottom line is that you should avoid any investment scheme with a warning on its name, and generally, any firm that’s not regulated but offers financial services.
Canyon Trend US Address and Contacts
|Address:||65 Gresham St, London EC2V 7NQ, United Kingdom|
Canyon Trend US’s address is totally fake, and the so-called brokerage doesn’t want the public to know its phone number, so there is an obvious lack of transparency- a red flag strongly suggesting a scam, regardless of all the official warnings!
For investments, transparency is essential since you should know who is managing your money and where it actually is. Legitimate businesses always operate in a transparent manner, and they are required by law to disclose their headquarter address, phone numbers, and all legal documents that detail the provisions of the service. And our experience tells that if you can’t reach these people over the phone number provided, can’t verify the locations, or can’t confirm in any other way that the investment provider is authorized to sell financial goods, then that’s most likely a fraud. So, regardless of the warning issued, we can guess there is something wrong with the investment scheme in question.
Canyontrendus.com Website Info
|Alexa Ranking||8,693,776 at the time of writing|
|WHOIS Reg. Date||2021-09-16|
|Registrar||Hosting Concepts B.V. d/b/a Registrar.eu|
|Owner||Withheld for Privacy Purposes|
|Administrator||Withheld for Privacy Purposes|
Is Canyon Trend US Safe?
Canyon Trend US is not safe! It’s a scam scheme disguised as a Forex broker that was exposed by two regulators. Make sure to avoid it!
For various reasons, dealing with unregulated investment platforms is always a terrible idea. Above all, the lack of regulation strongly signals that something fishy is going on there, as only licensed companies can provide investment services. As you might expect, scams can’t thrive in a robust regulatory environment, so consider twice before depositing with unlicensed investment providers.
A scam or a fraud is any crooked scheme devised to defraud you out of money or steal your personal information, and every scam setting is practically unregulated. Scammers work with hackers, too, and often buy bulky packages of information, including phone numbers, e-mails, social media profiles and other personal details of customers, which greatly facilitate scams. So, if someone contacts you out of a sudden, you’d better always consider the possibility that it could be a scam.
Scammers target many people and constantly evolve their approach making scams harder to recognise. In particular, the crypto scam is now booming for two particular reasons- lack of knowledge and popularity. There is a third one, too- scammers take advantage of the less regulated environment to lure people into crooked scam settings that have nothing to do with crypto at all. In any case, it’s getting harder to spot potential fraud, but warnings issued by regulators help to raise awareness, and you’d be much better off if you always research thoroughly before any investments have occurred. Markets are plagued by scammers, and it’s for real.