Greenstan Wealth Ltd is a brokerage firm that has recently been making rounds on the internet in regard to its legitimacy as a brokerage platform. With so many scams and fraudulent schemes in the world of online investing, it’s always important to perform due diligence before investing in any company. In this article, we will review Greenstan Wealth Ltd and provide a detailed analysis of its legitimacy as a brokerage firm.
Company Overview
| Broker Name | Greenstan Wealth Ltd. |
| Website | http://www.greenstan.com/index.htm |
| Location | USA, Australia, UK |
| Regulation | NFA (Not member) |
| Warnings | Multiple |
Team
Greenstan Wealth Ltd claims to be comprised of a team of professionals with extensive experience in the financial industry. The company offers very little information about its team members apart from their professional qualifications and experience in the field.
Services and Products
Greenstan Wealth Ltd offers a variety of services and products to its clients. These offerings include online trading in commodities, indices, currencies, and other assets. They also claim to provide clients with the latest trading technology, market analysis, and trading education to help them achieve success in their trading activities.
Trading Platform
Greenstan Wealth Ltd claims to provide clients with a state-of-the-art trading platform that is easy to use and customizable. The platform is accessible from anywhere in the world and offers a range of tools, such as charting, market analysis, and automated trading.
License and Regulation
License Status
Greenstan Wealth Ltd claims to be registered in multiple locations (USA, UK, China, and Australia) under the legal name ‘Greenstan Wealth Ltd’. However, upon conducting further research, there is no evidence of such a registration.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Regulation Status
Greenstan Wealth Ltd is not regulated by any financial regulatory authority. We did not find any of the regulation status. They claimed they are regulated under NFA (USA), but when we searched with the license number we found this:
This means they are just registered not have any oversight.
Why Should Not You Trust An Unlicensed Broker?
Unlicensed brokers are not subject to any regulatory oversight or guidelines. This means that they are free to engage in fraudulent activities without any fear of repercussions. Additionally, a lack of regulation means that there is no guarantee that clients’ funds will be protected, and they may be at risk of losing their investments.
Legal Warnings Against Greenstan Wealth Ltd
Several financial regulatory authorities have issued warnings against Greenstan Wealth Ltd, including the Financial Supervisory Authority of Switzerland. The warnings highlight the fact that Greenstan Wealth Ltd is not authorized to provide financial services in Switzerland and that clients should exercise caution when dealing with the company.
Client Feedback About Greenstan Wealth Ltd
About Their Trading
Many clients have reported losing money on trades that were executed without their permission or without adequate explanations. Additionally, some clients have reported experiencing difficulty in withdrawing their funds from the platform.
About Their Customer Service
Several clients have reported poor customer service from Greenstan Wealth Ltd. Many clients have reported difficulty in reaching the company’s support staff, and when they do, the answers provided have been unsatisfactory.
How Can Reviewsadvice Help You If You Get Scammed?
If you have been scammed by Greenstan Wealth Ltd or any other brokerage firm, Reviewsadvice can help you. You can submit your case through our page. We will provide you with a free consultation and service recommendations to help you in recovering the fund.
Final Thought
Based on our research, we cannot recommend Greenstan Wealth Ltd as a legitimate brokerage firm. The lack of regulatory oversight, fraudulent activities reported by former clients, and legal warnings against the company all indicate that it is operating outside of the law and is not a safe or reliable choice for investing. As always, it is important to perform due diligence and research any potential broker before entrusting them with your money.
