SeaLTD promises over 1,000 trading assets, security of the funds, and the best trading platform. Yet, it delivers none of the above. Since the entire company is marked with red flags, we revealed everything in our SeaLTD review.
|Regulated by:||Unlicensed brokerage|
|Scammers Websites:||www.sealtd.io and www.sealimited.io|
|Blacklisted as a Scam by:||CONSOB|
|Owned by:||CorePay Solution Ltd|
|Headquarters Country:||Commonwealth of Dominica / Bulgaria / Marshall Islands|
|Supported Platforms:||Web trader|
|Types of Assets:||FX, commodities, indices, shares, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||No|
SeaLTD Regulations and Security
SeaLTD is just an extension of the well-known scammer – SeaLimited. Both of these brands are owned by CorePay Solution Ltd and have several headquarters – the Commonwealth of Dominica, Marshall Islands, and Bulgaria. As you can tell, none of these countries is very convincing as a central office of an investment company. However, we tried to look for SeaLTD regulation hoping we could still find some.
As we believed, there’s no regulation not in the EU with FCA, GLOFSA, FSC, FSU, or any other regulator. Therefore, we cannot really talk about the security of the funds nor reimbursement in case of a scam.
SeaLTD Warnings From Financial Regulators
While SeaLTD itself has not been discovered yet, its predecessor SeaLimited has been warned by the Italian CONSOB. And this was most likely the reason the company decided to rebrand and establish a new website under the domain sealtd.io. According to CONSOB, SeaLimited is a fraudulent company providing services without legal approval and should be avoided by all means.
Fund Withdrawal Issues With SeaLTD
Unsurprisingly, SeaLTD has been marked as a scam since the company doesn’t allow any withdrawals. According to numerous reviews, clients who have already deposited the funds have difficulty getting their initial deposit and even harder time getting any profit. Once you want to invest, you will get top-notch support, while withdrawals are something you should never mention.
So, if you do submit a request, you will find yourself without access to your trading account since the broker will simply block you. Beware of such possibilities and report anything suspicious immediately.
Traders About SeaLTD Scam
As expected, SeaLTD reviews, along with the one about SeaLimited, are full of negative comments and frustrated traders. As mentioned, none of them can get their money back. Since the broker has 3 entities, they shift people from one entity to another and ask for more and more documents, while everyone knows that these requests will never be approved.
How To Know If You Have Been Scammed Online?
If you’ve noticed anything that makes you uncomfortable, such as a sudden change in your account manager’s behavior or money disappearing from your trading account without an explanation, you should file a complaint. Also, withdrawal issues, login issues, or any kind of platform lag is definitely a red flag that you should pay attention to.
Finally, if you have been scammed by SeaLTD, you need to file a complaint and request a chargeback.
Scammed by SeaLTD? – Tell Us Your Story
Unfortunately, you’re not the first nor the last person to be scammed by the fraudulent brokerage. Contact us via online chat and tell us your story. Let’s see what the best way to collect the evidence for a dispute is. Once we determine what you need, we will help you request a chargeback.
But What Is A Chargeback?
It’s a way for the bank to reverse the transaction if you have been scammed. Contact us now, and let’s start on the refund process before it’s too late!
What Is SeaLTD?
This is a fraudulent online trading firm you should avoid at all costs. So, don’t fall for this fraudulent broker!
Is SeaLTD A Scam Broker?
Yes, broker has been blacklisted by the Italian regulator and marked as a scam. Be careful!
Is SeaLTD Regulated?
No, despite 3 different headquarters, this trading company is not regulated in any country.