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SeaLTD Broker Review

Over 1,000 trading assets, financial security, and the greatest trading platform are all promises made by SeaLTD. The aforementioned, however, is not what it offers. We covered everything in our SeaLTD review since there are red flags all over the business.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: CONSOB
Owned by: CorePay Solution Ltd
Headquarters Country: Commonwealth of Dominica / Bulgaria / Marshall Islands
Foundation year: N/A
Supported Platforms: Web trader
Minimum Deposit: $250
Cryptocurrencies: Yes
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: 1:200
Free Demo Account: No
Accepts US clients: No

SeaLTD Regulations and Security

The well-known scammer SeaLimited has lately expanded into SeaLTD. CorePay Solution Ltd is the owner of both of these companies, which have headquarters in the Marshall Islands, Bulgaria, and the Commonwealth of Dominica. As you can see, none of these nations makes a great choice for an investing firm’s headquarters. In the hopes of still finding any, we attempted to seek for SeaLTD regulation.

We were correct in our assumption that there is no regulation from the FCA, GLOFSA, FSC, FSU, or any other authority outside of the EU. Therefore, it is difficult for us to discuss the safety of the money or how to get your money back in the event of a fraud.

Warnings From Financial Regulators

Although SeaLTD itself has not yet been found, the Italian CONSOB has alerted SeaLimited, its precursor. And it was perhaps for this reason that the business chose to change its branding and launch a new website with the domain sealtd.io. SeaLimited is a shady business that offers services without authorization, in CONSOB’s opinion, and should be avoided at all costs.

Fund Withdrawal Issues With SeaLTD

Since SeaLTD doesn’t let any withdrawals, it’s not surprise that the firm has been flagged as a fraud. Numerous reviews claim that customers who have already placed money have trouble getting their money back and much more trouble making any money. You will receive excellent assistance if you decide to invest, but withdrawals are something you should never bring up. Therefore, if you do make a request, you won’t be able to access your trading account since the broker would just ban you.

Traders About SeaLTD Scam

Reviews of SeaLTD and SeaLimited are replete with critical remarks and irate customers, as would be anticipated. As previously noted, none of them are eligible for a refund. Since the broker has three companies, they move individuals between them and continually seek additional documentation, even though everyone is aware that these demands would never be granted.

 So, you should avoid SeaLTD forex broker and other scammers.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]