It is accessible through https://pulse-trade.io/ but is defined as an online trading site that has drawn flak for some points.
Pulse Trade Overview
Pulse Trade claims to be a brokerage platform providing various opportunities for investments. However, its website omits some important information on its authority of registration, as well as its corporate background which gives rise to speculation about its legitimacy.
Warning from FSMA
The Financial Services and Markets Authority (FSMA) is concerned over bogus trading platforms, however, does not mention Pulse Trade as a specifically named avenue in the new warnings from the FSMA. Yet, it hails a platform that lures investments with no authorization often through celebrity endorsement.
Newly Registered Domain (2024-09-02)
As of September 2, 2024, the domain pulse-trade.io was registered. The recency of the registration and the lack of any history said to be established are issues under consideration for potential investors because some scam schemes are notoriously short-term in their online existence.
Absence of Necessary Information
An ideal brokerage should be very much straightforward as to its regulatory oversight, company history, and even contact information. The lack of such information by Pulse Trade is worrying and signifies its lack of transparency.
Conclusion
Following the absence of regulatory credentials, very recently introduced domain names, and essential corporate information, prudence should be exercised by prospective investors regarding any involvement with Pulse Trade. Involvement with such unregulated as well as non-transparent platforms leads to an increment in hazards relating to loss in finances.
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