Geniusstocks LTD is a nascent online financial trading platform offering diverse trading services, including foreign exchange, cryptocurrencies, stocks, real estate, blockchain technology, and artificial intelligence investments. Although its domain was established on April 8, 2024, and its official website indicates an operational address in London, a search on the UK government website reveals no registration information for the company. Additionally, Geniusstocks LTD has not disclosed its financial service licenses, raising investor concerns about its legality and safety.
Background of Geniusstocks LTD:
According to its official website, Geniusstocks LTD was established on April 8, 2024, with an operational address at The Concourse, 1 Poultry, London EC2R 8EN. However, detailed inquiries have found that the company is not registered on the UK government’s official website. This implies that while the company claims an operational address in the heart of London, there is no trace of it in the UK government's corporate registration database. Investors should exercise caution and further verify the platform's legality and reliability before engaging in trading with Geniusstocks LTD.
Regulatory Information of Geniusstocks LTD:
Although Geniusstocks LTD claims to offer trading services for various financial products, such as foreign exchange, indices, precious metals, and cryptocurrencies, the platform does not provide any specific financial service license information on its website for user verification. In other words, Geniusstocks LTD has not disclosed any details of financial licenses issued by regulatory authorities. This lack of transparency is concerning since a financial license is crucial for proving the legal operation and regulatory oversight of a financial services company. Without publicly available financial license information, investors cannot confirm whether the company is under any financial regulatory supervision, making it difficult to ensure the safety of their funds and the legality of transactions. Therefore, investors should exercise extreme caution and thoroughly investigate the regulatory status of Geniusstocks LTD to safeguard their interests.
Account Registration Process for Geniusstocks LTD:
- Visit the Geniusstocks LTD website and click the register button
- Fill out the application form
- Submit identity verification and phone number validation documents
- Deposit funds and start trading
Account Types of Geniusstocks LTD:
The official website of Geniusstocks LTD does not provide specific information about its account types. Currently, it is unknown whether Geniusstocks LTD offers different types of trading accounts to meet various investor needs.
Trading Software of Geniusstocks LTD:
Geniusstocks LTD has not yet disclosed detailed information about its trading software, raising concerns among investors about its technical support and trading tools. The choice of trading software is crucial for the smoothness and security of trades. Therefore, investors should exercise caution when choosing a trading platform and prioritize those offering transparent information and well-known trading software to ensure the safety and efficacy of their transactions.
Trading Products Offered by Geniusstocks LTD:
Forex: Trade over 40 major, minor, and exotic currency pairs. Trade 182 spot forex pairs and 140 forward contracts covering major, minor, exotic currencies, and metals.
Cryptocurrencies: Trade confidently with timely trading signals, ensuring profitability from day one.
Stocks: Trade U.S. stocks with a £3 commission per share, accessing over 19,000 stocks across 36 stock exchanges in core and emerging markets.
Real Estate: Simplified real estate investment through a crowdfunding model with a minimum investment of £100 per share.
Blockchain Technology: Explore blockchain investments: unlocking opportunities. The decentralization, security, and transparency of blockchain technology extend beyond cryptocurrencies and are transforming various industries.
Artificial Intelligence Investments: Navigate opportunities in the AI investment landscape by leveraging innovative prospects.
What Are the Spreads, Leverage, and Commissions of Geniusstocks LTD?
Geniusstocks LTD's website does not provide detailed information on spreads, trading leverage, trading commissions, minimum/maximum trade sizes, maximum position/order sizes, margin call/stop-out levels, minimum price increments, or contract sizes for trading accounts.
Deposit and Withdrawal Methods for Geniusstocks LTD:
The deposit and withdrawal methods of Geniusstocks LTD are not specifically described on its official website. Typically, traders may be able to use various common payment methods, including bank transfers, credit cards, and e-wallets, for deposits and withdrawals.
Customer Support of Geniusstocks LTD:
Email: support@geniusstocktrade.com
Conclusion:
Despite offering a wide array of trading products and services, Geniusstocks LTD's lack of transparent corporate registration and regulatory licenses necessitates cautious consideration from investors. The absence of publicly available information on trading software and account types further exacerbates concerns about its technical support and trading environment reliability. To ensure the safety of funds and trades, investors should conduct thorough research and evaluation when choosing a trading platform, prioritizing those that offer transparent information and are regulated. Geniusstocks LTD is listed as "Suspected Fraud" on TraderKnows.
