ETDSSC GLOBAL INTERNATIONAL LIMITED, known as ETDSSC, is a financial company offering a range of services including forex, precious metals, crude oil, indices, and cryptocurrencies. ETDSSC supports multiple languages, including English and Chinese, to meet the needs of customers worldwide. The company's official website is: https://etdssc.com/index2.html.
Company Background:
ETDSSC is a company registered at 20 Fenchurch Street, London, United Kingdom, with the postal code EC3M 3BY. The company was established on April 18, 2023, and two days after its formation, on April 20, 2023, it registered its corporate domain. This timeline shows the company's establishment and the launch of its online business activities.
Regulation Information:
ETDSSC claims on its official website to be regulated by the UK Financial Conduct Authority (FCA). However, a careful check reveals that this statement is not true, as the FCA's official records do not list ETDSSC as a regulated entity. Such inaccurate propaganda can mislead the public and potential customers into believing the company has a legitimate regulatory background in the UK.
Additionally, ETDSSC also claims on its website to be subject to regulation by the US Money Services Business (MSB), and has provided a purported regulatory number. However, further investigation shows that this number is not associated with ETDSSC but rather belongs to another entity. This misleading information not only damages the company's credibility but also poses potential risks to customers who trust these claims.
Overall, ETDSSC's inaccurate and misleading regulatory statements are suspected of fraudulent behavior. Such actions not only negatively impact the company's reputation but also mislead the public and potential customers, damaging the transparency and trustworthiness of the entire industry. Therefore, the public and potential customers should be cautious regarding ETDSSC's publicity and statements, and independently verify the information provided.
Account Opening:
Normally, when accessing a company offering financial services like ETDSSC, there would be an online account opening process. Typically, clicking an "Open Account" or similar option on the homepage and filling out a series of basic personal and financial information would complete the registration and account setup. However, on ETDSSC's official website, the situation does not seem to be the case. The account opening function currently does not appear to be activated or to provide any actual services. This not only reflects the website's current operational status but may also be a sign of the overall quality and reliability of the company's services. Before considering using their services, it is advisable for users to exercise caution and seek more information.
Account Types:
The official website of ETDSSC is significantly lacking in providing information about its account types. Generally, a financial service provider's website would detail the different kinds of accounts, which are often categorized based on clients' needs, investment goals, and risk tolerance, among other factors. Common account types include personal accounts, corporate accounts, savings accounts, investment accounts, etc., with each type featuring specific functions and conditions. However, ETDSSC's website lacks this basic information. This might impede potential clients' decision-making process and damage the overall image of the company. In the current digital age, the transparency and accessibility of information are crucial in maintaining customer relations and establishing market credibility.
Trading Products:
Forex: Offers a variety of mainstream foreign exchange currency pairs, including EUR/USD, USD/CAD, GBP/USD and dozens of others.
Precious Metals: Offers various spot trading of metals: Gold (XAUUSD), Silver (XAGUSD).
Crude Oil: Offers trading in US Oil (USOIL).
Indices: Includes the Hong Kong Hang Seng Index (HK50), German Index (GER30), and S&P 500 Index (US500).
Cryptocurrencies: Provides trading in dozens of mainstream digital currency pairs, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), and others.
Trading Platform:
The ETDSSC official website offers its platform's software for download directly from their official site.
Deposits and Withdrawals:
In the financial services field, policies and procedures for deposits and withdrawals are information that customers pay close attention to. This usually involves key details such as methods of deposit, withdrawal limitations, fees, processing times, etc., and is one of the important factors for clients when assessing a service provider. However, specific information on deposits and withdrawals is clearly missing from the ETDSSC official website. The absence of such information should be regarded as an important consideration for potential clients when deciding to use ETDSSC's services.
Customer Support:
The ETDSSC brokerage only provides an email contact method: support@etdssc.com
Conclusion:
In summary, the company claims to be regulated by FCA and MSB, but this information is found to be false upon verification, misleading the public. The website's account opening function is unavailable, account types, and deposit and withdrawal processes are not clearly defined, impairing the customers' ability to make informed decisions. Customer support is limited to email, not meeting the need for immediate communication. The deficiencies of ETDSSC may affect its reputation, and potential clients should conduct independent investigations before use. Currently, ETDSSC is labeled as "Suspected Fraud" on Traderknows.
