The CNMV issues a warning against EasyAlgo On January 13, 2025, the National Securities Market Commission (CNMV) issued a warning against EasyAlgo, believing this company might be providing financial services or products without proper authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=%2ffyF5Z30rR4xI7cwClirYJqsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL

BrokersView has reviewed that EasyAlgo is an unregulated broker According to its website, it is located in the Cyprus. Upon investigation, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC). In addition, the National Securities Market Commission (CNMV) issued a warning against EasyAlgo, believing this company might be providing financial services or products without proper authorization. In essence, EasyAlgo 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. EasyAlgo appears to be a scam.

The CySEC releases a warning about EasyAlgo On 14 February 2025, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company EasyAlgo, which is offering financial and investment services without the required authorization. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=a871a5e0-116b-4ac3-95dc-8aa5aa77073a

BrokersView has identified that EasyAlgo's website is currently offline BrokersView found that the domain "https://easy-algo.ai/" 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.

Is EasyAlgo reliable? Dear Investor, Thank you for reaching out to us. Our investigation indicates that EasyAlgo is likely a scam. Despite EasyAlgo's claims of having a company number in the UK and a head office in Cyprus, we have been unable to find any corresponding records suggesting that EasyAlgo is registered with any relevant financial regulators in those countries. Additionally, the National Securities Market Commission (CNMV) has issued a warning against EasyAlgo, notifying investors of its unlicensed status. Therefore, we strongly advise against trading with EasyAlgo. Engaging with them could result in a complete loss of your money, as there are no legal protections in place. View Source

What's your opinion about EasyAlgo. Dear Investor, Thank you for your message. We suspect that EasyAlgo is a scam. Despite the alleged addresses in the UK and Cyprus, EasyAlgo hasn't obtained the required licenses from relevant financial regulators. What's more, the National Securities Market Commission (CNMV) has issued a warning against EasyAlgo for operating without their permission. As such, we strongly advise against trading with EasyAlgo to protect yourself from potential fraud schemes. It is critical to do due diligence before risking real money. View Source