Is AssetShot Legit???

By Stephen Kelly, from United Kingdom, July 22, 2021 at 10:26 AM

Hi Not sure if this is the right place to send this but could you verify if the above company is legit? They’re registered in SV+G but I have contacts with a London number and a uk mobile number for my allocated broker person. It seems very slick & legit but I need some reassurance before committing larger funds. No pressure from them, seem very knowledgeable and good results, not tried any withdrawals yet as its very early days. Hope you can help? Kind Regards Stephen Kelly

Answer: Hi Stephen Kelly,

AssetShot is an offshore broker that is NOT registered to provide its services in the UK. In order to do that it needs to be authorised by the Financial Conduct Authority. UK phone number is not a proof of regulation and it doesn’t mean the broker is located in the UK.

Unfortunately, we do not recommend dealing with offshore broker and you can read more about the reasons why it is better to avoid St.Vincent and the Grenadines by this link

In your case we can advise to try if withdrawals work, because that’s where the problems usually start. But since the company is not legit, it is better to stop any kind of cooperation with the immediately to avoid any risks and unpleasant outcomes.

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