PlutusLegacy Trust Review
Beware Investors PlutusLegacy Trust – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Who is PlutusLegacy Trust?
PlutusLegacy Trust is a company that claims to have offices in London, UK, and Zurich, Switzerland. It also claims to have a license from the Financial Conduct Authority (FCA) in the UK and the Swiss Financial Market Supervisory Authority (FINMA) in Switzerland. However, these claims are false, as neither the FCA nor the FINMA have any record of PlutusLegacy Trust or its affiliates. Moreover, the company’s website and social media accounts are full of spelling and grammatical errors, which raise doubts about its professionalism and credibility.
Regulation
PlutusLegacy Trust is not regulated by any reputable authority in any jurisdiction. It is not registered to trade or advise on securities or derivatives in Alberta, as required by the Securities Act (Alberta). The ASC has issued a warning about PlutusLegacy Trust, advising Albertans to exercise extreme caution when dealing with this company. The ASC also urges anyone who has been contacted by PlutusLegacy Trust or its representatives to contact the ASC’s Public Inquiries Office.
Location
PlutusLegacy Trust claims to have offices in London, UK, and Zurich, Switzerland. However, these claims are not verified by any official source. The company’s website does not provide any physical address or phone number for either location. The website’s domain name was registered by a third-party service that conceals the identity and location of the owner. The website’s IP address is located in Germany, which does not match the company’s claimed locations.
Services
PlutusLegacy Trust claims to offer investment services in various markets, such as forex, crypto, stocks, and commodities. It also claims to provide access to a trading platform called Plutus Pro Trader, which allegedly allows investors to trade with high leverage and low spreads. However, there is no evidence that Plutus Pro Trader is a legitimate or secure platform. The website does not provide any information about the platform’s features, fees, risks, or performance. The website also does not disclose any information about the company’s trading strategies, risk management policies, or fund protection schemes.
Reviews
PlutusLegacy Trust does not have any positive or credible reviews from independent sources. The company’s website features some testimonials from alleged clients, but these testimonials are likely fabricated or paid for. The website also displays some logos of reputable media outlets, such as Forbes, CNN, and Bloomberg, implying that the company has been featured or endorsed by them. However, these logos are misleading and deceptive, as there is no record of any such coverage or endorsement by these media outlets.
Customer Service
PlutusLegacy Trust does not have a reliable or responsive customer service team. The only way to contact the company is through an online form on its website or an email address. The website does not provide any phone number or live chat option for customer support. The email address is also suspicious, as it uses a generic domain name instead of a branded one. The company’s social media accounts are also inactive and unresponsive.
Securing Your Investments Against Unscrupulous Brokers
PlutusLegacy Trust is an example of an unscrupulous broker that tries to lure unsuspecting investors with false and misleading claims. To avoid falling victim to such scams, investors should always do their due diligence before investing with any broker. Some of the steps that investors can take to secure their investments against unscrupulous brokers are:
– Check the registration status and regulatory history of the broker with the relevant authorities in your jurisdiction.
– Verify the physical address and contact details of the broker and avoid dealing with brokers that use anonymous or offshore services.
– Review the terms and conditions of the broker and understand the fees, risks, and limitations of their services.
– Avoid brokers that offer unrealistic returns or guarantees on your investments.
– Avoid brokers that pressure you to invest more money or make quick decisions.
– Research the reputation and feedback of the broker from independent sources and avoid brokers that have negative or fake reviews.
– Test the trading platform and customer service of the broker before investing any money and avoid brokers that have faulty or insecure platforms.
– Keep records of all your communications and transactions with the broker and report any suspicious or fraudulent activity to the relevant authorities.
Conclusion
PlutusLegacy Trust is a scam broker that is not registered or regulated by any reputable authority. It makes false and misleading claims about its location, license, services, and reviews. It also does not provide any information or transparency about its trading platform, fees, risks, or performance. The ASC has warned Albertans to stay away from this company and to contact the ASC if they have been contacted by PlutusLegacy Trust or its representatives. Investors should always be cautious and diligent before investing with any broker and follow the steps outlined above to secure their investments against unscrupulous brokers.
