Reported Website: https://www.cowtradingvip.com/en
COWTRADING WEALTH is not a reliable broker even though it states offers that look good to be true. COWTRADING WEALTH claims it was founded in 2016 and acquired a well-known forex broker in Mauritius in 2018. However, when we checked its domain, we found it was created in 2020. So how could it start its business in 2016? It is a red flag here. Besides, this broker claims it is strictly regulated but does not mentioning where or which authority it has regulation. Lacking details of regulation may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their certificates and licenses in a prominent place. The truth is, COWTRADING WEALTH is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
