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CBERRY WT

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Operating status: SCAM

Website: https://www.cberrywt.com/; https://cberrywtfx.com/

Broker violations and abnormal records
  • 2023-12-18 The UK FCA issued a Warning against CBERRY WT

    On 18 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CBERRY WT was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/cberry-wt

    On 18 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CBERRY WT was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/cberry-wt
  • 2023-12-18 BrokersView has Reviewed that ​CBERRY WT is an Unregulated Broker

    According to its website, it is located in the London, and is regulated by US Financial Crimes Enforcement Network (FinCEN). Upon investigation, we searched the FinCEN and found a matching result. However, FinCEN is not the regulator in charge of forex and CFD brokers. 

    In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CBERRY WT was providing financial services or products in the UK without authorisation. 

    The truth is that CBERRY WT is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.

    CBERRY WT is a scam.

    According to its website, it is located in the London, and is regulated by US Financial Crimes Enforcement Network (FinCEN). Upon investigation, we searched the FinCEN and found a matching result. However, FinCEN is not the regulator in charge of forex and CFD brokers. In addition, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CBERRY WT was providing financial services or products in the UK without authorisation. The truth is that CBERRY WT is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.CBERRY WT is a scam.
  • 2024-04-04 FCA warns the public to avoid CBERRY WT once again

    CBERRY WT is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against CBERRY WT, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/cberry-wt

    CBERRY WT is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against CBERRY WT, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/cberry-wt

Related Complaints

Q&A

Where does CBERRY WT's headquarter locate?

Fatimah Sabouni
Guam
2023-12-27
ANSWER CBERRY WT purports to have its headquarters in the UK. However, we strongly advise against any transactions with this unlicensed forex broker.CBERRY WT holds only an MSB registration with the Financial Crimes Enforcement Network (FINCEN). It's important to understand that MSB registration does not equate to authorization from a financial regulatory body. The US forex markets are overseen by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Yet, CBERRY WT is not registered as an NFA member and is therefore not regulated in the US. Moreover, despite claiming to be based in the UK, it has been flagged by the Financial Conduct Authority (FCA) as an unauthorized firm providing financial services without their authorization.Consequently, traders should avoid unlicensed brokers like CBERRY WT, which lack credibility. Those who trade with them risk falling prey to fraud and identity theft. It is always safer to choose fully regulated brokers with strong reputations.
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