Navigating the world of online trading requires a keen eye for trustworthy brokers. With numerous options available, distinguishing between legitimate platforms and potential scams can be daunting. In this review, we’ll take a closer look at SQ States LTD to assess whether this broker is reliable or if there are signs that suggest otherwise.
Broker Details
- Name: SQ States LTD
- Investment Category: Online Trading
- Regulation Status/License: Unregulated
- Website: www.sqstates.com
- Physical Address: 30 Saint Mary Axe, Swiss Re, 30 St Mary Axe, London, ENGLAND, EC3A 8BF
- Telephone: 02922550616
- Contact: support@sqstates.com
- Jurisdiction: United Kingdom
Is SQ States LTD Legit or a Scam?
SQ States LTD operates without regulation from any recognized financial authority, which is a significant red flag. The absence of oversight means that the broker is not held to the rigorous standards required of regulated entities, making it riskier for potential investors.
Moreover, the Financial Conduct Authority (FCA) has issued a public warning against SQ States LTD, cautioning the public about engaging with this broker. This warning is a strong indication that SQ States LTD might not be a trustworthy platform.
While the website www.sqstates.com is still operational, it’s important to remember that a live website does not equate to legitimacy. Many fraudulent brokers maintain active websites to continue attracting unsuspecting victims.
What to Do If You Have Been Scammed Out of Money
If you’ve been scammed, here are four crucial steps you should take:
- Report the Scam: Report the incident to your local financial authority and law enforcement. This can help in tracing your funds and preventing further fraudulent activities. Consider reporting to organizations like Action Fraud in the UK or the FTC in the USA.
- Contact Your Bank: Reach out to your bank or credit card provider immediately. They may be able to reverse the transaction or provide other forms of assistance in the recovery process.
- Document Everything: Keep a detailed record of all communications, transactions, and any other relevant information. This documentation will be invaluable when reporting the scam and seeking help.
- Seek Professional Help: Consider engaging a reputable fund recovery service specializing in online scams. Be wary of recovery scams, which can victimize those already affected by fraud.
Got Scammed by SQ States LTD or Other Brokers?
We understand the distress that comes with being scammed. It’s a challenging experience, both emotionally and financially, but it’s essential to remember that it’s not your fault. Recovering lost funds can be difficult, especially given the number of fraudulent recovery companies out there. Many of these firms promise to help but only end up scamming victims again. Always verify the legitimacy of any recovery service before moving forward.
How to Get the Best Lost Funds Recovery Services
If you’re looking for a reliable fund recovery service, Cronus Tech is a leading choice. Here’s why:
- Free Consultation: Cronus Tech provides a no-obligation, free consultation to assess your situation and offer expert advice.
- No Upfront Payments: They work on a no-win, no-fee basis, ensuring you only pay if they successfully recover your funds.
- Legal Team Collaboration: Cronus Tech’s legal team collaborates with law enforcement to ensure a legitimate and thorough recovery process.
- High-Tech IT Team: They use advanced technology for fund tracing, employing cutting-edge tools to locate your money.
- Forensics Team: Their experts thoroughly investigate to recover your funds quickly and efficiently.
- Quick Processing: Understanding the urgency, Cronus Tech ensures a fast turnaround on recovery efforts.
- High Success Rate and Happy Clients: With a strong track record, Cronus Tech boasts a high success rate and many satisfied clients.
Conclusion
Scams in the online trading world are, unfortunately, common. If you’ve been scammed by SQ States LTD or another broker, know that help is available. Always proceed with caution, verify any recovery service’s legitimacy, and consider reaching out to Cronus Tech for the best and most trustworthy assistance. Start your recovery journey today.
