Hello, I’ve been contacted by a broker in Singapore.
His name : Derwent Investments
His website : derwentinv.com
Can I trust him ?
Thanks for your answer.
Olivier
Hi Olivier,
Thanks for your message. In general, being contacted by brokers out of the blue and them being pushy can be major warning signs of scams.
In addition, I’ve also looked into Derwent Investments and I couldn’t find much reliable information about the company or the website you mentioned (derwentinv.com). It seems like Derwent Investments is not regulated by any financial authority. Also, the terms and conditions and privacy policy provided on their website is suspiciously short.This lack of information and transparency is another red flag.
To be safe, I recommend sticking with well-known, regulated brokers. You can find reliable and regulated brokers here: https://brokerchooser.com/broker-reviews.
Please let me know if you need more help!
Best wishes,
Andris