seeking alpha markets itself as a global broker offering a wide range of financial products, from foreign exchange (FX) to commodity CFDs and stock index CFDs. It claims to be regulated by notable authorities like the U.S. National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN). However, our investigation reveals significant concerns that cast doubt on the legitimacy of this company. This seeking alpha review will shed light on its misleading claims and regulatory shortcomings.
seeking alpha Website – https://neithfx.com/
Address –
- 52 Vanderbilt Ave
- 10017
- New York
- United States
Warning – Not Recommended By Review Website Like Enverra Capital
Domain Age –
- Domain Name: NEITHFX.COM
- Registry Domain ID: 2851491424_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.webnic.cc
- Registrar URL: http://https://www.webnic.cc
- Updated Date: 2024-02-01T19:31:05Z
- Creation Date: 2024-02-01T12:27:53Z
- Registry Expiry Date: 2025-02-01T12:27:53Z
Misleading Regulatory Claims
One of the first red flags that arise with seeking alpha Limited is its claim to be licensed and registered with the U.S. NFA. While it is true that seeking alpha is registered with FinCEN, this registration is only for currency exchange services and not for trading brokerage or financial derivatives. This distinction is crucial, as the company is not authorized to offer the wide array of financial instruments it advertises, including FX and CFDs.
Furthermore, seeking alpha is not authorized or regulated by the NFA, despite its claims. The company also lacks proper regulation from the Australian Securities and Investment Commission (ASIC), which is necessary for any broker claiming to operate from Australia. This lack of authorization and regulation makes seeking alpha highly risky for investors.
Lack of Investor Protection
seeking alpha absence of proper regulatory oversight leaves investors vulnerable. Without regulation by recognized financial authorities, there is no legal framework in place to protect traders’ investments. Regulatory bodies like the NFA and ASIC ensure that brokers comply with financial laws, and without their oversight, there is no guarantee that seeking alpha operates ethically or transparently.
seeking alpha Review Conclusion
In conclusion, seeking alpha claims of being a licensed and regulated broker are highly misleading. The company’s registration with FinCEN does not authorize it to provide brokerage services, and its lack of oversight from recognized regulatory bodies puts investors at significant risk. Based on our seeking alpha review, we strongly advise potential investors to steer clear of this platform due to its lack of transparency and regulatory protections.
Are you a victim of seeking alpha fraudulent broker? Get help and a Free Consultation for Recovering lost funds.
If you are a victim of a fraudulent broker like seeking alpha, you may feel helpless and frustrated. However, there are steps you can take to report the deception and get assistance to recover your lost funds. Here are some things you can do:
- File a complaint report against seeking alpha. This can help to bring attention to the deception and potentially prevent others from falling victim to it in the future.
- Contact us. We can work with you to navigate the complex process of recovering your lost funds and help you get your money back.
- Stay vigilant and do your research before investing with any broker in the future. Look for forex brokers list, reviews, and ratings from other investors, and be wary of any broker that promises unrealistic returns or seems too good to be true.
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