BaFin issues a warning against ChartLogic On December 9, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warning against ChartLogic for operating without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_12_09_chartlogic_en.html
ChartLogic
VisitRisk Level - High
ChartLogic
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that ChartLogic is an unregulated broker The use of a website template commonly associated with fraudulent activities is a red flag. The content on the site is almost provided by the template. Whether ChartLogic provides those services or products is unclear. We haven't found valid information about the company, and the Federal Financial Supervisory Authority (BaFin) has issued a warning against ChartLogic for the lack of the required authorization. In essence, ChartLogic is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. ChartLogic appears to be a scam.
BrokersView has identified that ChartLogic's website is currently offline BrokersView found that the domain "https://chartlogic.de/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Broker to check: ChartLogic Dear Investor, ChartLogic cannot be trusted due to its unlicensed status. The platform uses a website template to establish its online presence to appear professional, in an attempt to solicit investors. However, we went through the website and haven't found any useful information to prove its authenticity and legitimacy. The Federal Financial Supervisory Authority (BaFin) has revealed this scam, alerting investors to this unauthorized firm. Therefore, we strongly suggest you avoid using ChartLogic. Your money entrusted with it is not legally protected and will be gone forever. View Source
Is ChartLogic a legit website? Dear Investor, Thank you for reaching out to us. We've looked into the website in question and believe that ChartLogic is a scam. The website looks identical to some fraudulent trading platforms, as they all use the same site template to establish their online presence. This makes the content questionable, as it may not truly reflect what ChartLogic offers. We haven't found any useful company information or licensing details about ChartLogic, and the Federal Financial Supervisory Authority (BaFin) has issued a warning about ChartLogic for lacking the required authorization. Therefore, we strongly suggest you avoid using ChartLogic. For a safer trading environment, it is recommended to choose fully regulated brokers instead. View Source
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