Reported Website: https://crezmoon.com/index.html
Crezmoon claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag. Crezmoon claims to be registered in the UK with business number 25973BC2020. However, the number is not in the form of a UK registration number, but in the form of the registration number issued by Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We searched both Companies House of United Kingdom (CH) and SVG FSA but did not find any matching results. That means Crezmoon is not registered in the UK or Saint Vincent and the Grenadines. Besides, neither CH nor SVG FSA regulates forex activities. Crezmoon claims to be located in the UK. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any results that matched this broker in UK FCA. The truth is that Crezmoon is not regulated by any regulators. Letting this broker hold or control investors is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
