Reported Website: https://litmusasset.com/
Litmus Asset claims its products and services are provided by Litmus Asset Trading Services LLC, a company founded in 2017 and authorized by St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 209896100LLC017. But first, when we checked its domain, we found it was created on 18 Oct 2022. So how could it start its business in 2017? It is a red flag here. Second, we did not find any match results to the company name or the registration number in SVG FSA. Besides, SVG FSA is not a forex regulator that issues licenses for forex trading or regulates entities engaging in forex. The truth is, Litmus Asset is not under valid regulation by any regulators to provide investment services. Investors’ funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
