Reason to avoid: No License
Listed Date: November 2, 2018
Top 3 Regulated Forex Brokers
Beware EyeLine is a Non Licensed Broker. It is NOT SAFE to trade.
- Company name:
EyeLine Trading. R&D Global DBA Eyeline Trading.
- Registration Address/ License:
No License, No Regulation.
EyeLine trading is a company that offers an attractive opportunity to the clients, which is considering Bitcoin and cryptocurrency trading with a very high outcome. The broker point of their high expertise and cutting-edge technologies, while the firm itself is not mentioning anything about their registration or even location. Most probably that means the broker is non-regulated and obviously does not comply with the international standards that protect clients from the frauds and loss of capital.
Even though, there are no also many reviews from the EyeLine engaged traders, which is also suspicious especially considering the company’s mentioning about their numerous clients, the non-regulated nature puts many questions to them. Simply, the non-authorized company means that it is not allowed to provide investment services in or from the country stated as their official address and target residence of jurisdictions.
As predicted there are already warnings against the company from the industry authorities. The broker was detected in offering financial services to the residents without its legal permission to do so. The main aim of any authority is to protect clients from a non-wise investment with potential fraud or scam companies. Therefore we advise also not to engage with EyeLine and better choose Regulated Forex Broker.
“Eyeline Trading, the marketing company for Eyeline Business Development, claims to provide Bitcoin trading packages that promise a daily return of 0.66%. We recently became aware of Eyeline Trading and found its advertisement targeting residents to invest in its Bitcoin trading packages. Yet, the Party is not registered to trade in, or advise on, securities or exchange contracts, as the trading on them require registration.”