The SCB adds Chasoe to its warning list On May 1, 2024, the Securities Commission of The Bahamas (SCB) added Chasoe to warning list for offering financial services or products without their permission. https://www.scb.gov.bs/wp-content/uploads/2024/05/Public-Notice-4-of-2024-Entities-Not-Regulated-by-the-Securities-Commission-of-The-Bahamas-May.pdf

BrokersView has reviewed that Chasoe is an unregulated broker Chasoe's website bears a striking resemblance in content to that of BMVSG, a scam broker previously flagged by BrokersView. This is particularly evident in the alleged physical address, registration information, brand's age, and the purported supervision across different jurisdictions. The names of the listed financial regulators are even presented in the same order. This is a significant indicator of a scam.Similarly, Chasoe's claimed authorization from the Securities Commission of the Bahamas (SCB) has been refuted by the SCB itself. This entity is on the SCB's warning list.In addition, our verification with the Hong Kong Securities and Futures Commission (HK SFC) indicates that Chasoe is not licensed by the HK SFC.In essence, Chasoe 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.Chasoe appears to be a scam.

BrokersView has identified that Chasoe's website is currently offline BrokersView found that the domain "https://chasoepro.com/#/home" 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.