The Spanish regulator CNMV issued a warning against AscendingBull On ay 3, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added AscendingBull to its warning list for it providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

BrokersView has reviewed that AscendingBull is an unregulated broker AscendingBull doesn't provide basic details about its company including company name, address, and phone numbers, not to mention the regulatory status. This is a clear indication of an unlicensed broker, as legitimate ones typically display their accreditation and licenses prominently. In addition, the Comisión Nacional del Mercado de Valores (CNMV) has added AscendingBull to its warning list for it providing investment services without authorization.In essence, AscendingBull is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

The FCA issues a warning against AscendingBull On October 20, 2023, the Financial Conduct Authority (FCA) issues a warning against AscendingBull, saying it is not authorized to provide financial services or products in the UK. https://www.fca.org.uk/news/warnings/ascending-bull