SINGULARITY360 is a forex broker whose official website domain was registered on June 5, 2023. It primarily offers investors trading services for financial derivatives such as foreign exchange, gold, stocks, indices, and digital currencies. The address of its headquarters is unknown. The broker does not provide services to jurisdictions where doing so may violate local laws or regulations.
Corporate Entity Registration and Regulatory Status:
Information publicly available on the SINGULARITY360 official website indicates that its specific registration address is Fortgate Offshore Investment and Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, with the corporate entity registered as Terminal Limited, bearing the registration number 2023-00103.
Upon verification, the "Terms and Conditions" document on the SINGULARITY360 official website does not mention any details about the broker's corporate entity nor does it mention any relationship with Terminal Limited. Additionally, no registered entity named Terminal Limited can be found at the Saint Lucia International Business Company and International Trust Registry (ifc), with the registration number 2023-00103 corresponding to a company named Delat Group Ltd. Moreover, the broker has not disclosed any regulatory information on its official website, nor is there any record of a broker named SINGULARITY360 with any official financial regulatory authorities in any jurisdiction.
Additionally, the broker's website design and information content are very similar to that of another broker called Apex360, which suggests they may be mass-produced.
Account Opening:
To open an account with SINGULARITY360: go to the broker's official website, click "OPEN ACCOUNT" on the homepage or "REGISTER" in the upper right corner to enter the account registration interface. Fill in your name, email address, contact phone number, and set a login password, and then submit. After submission, the account will be successfully registered and automatically redirected for login.
Account Information:
The SINGULARITY360 official website does not disclose information about the types of accounts offered to users, spreads, initial deposit amounts, trading leverage, commissions, minimum/maximum trade sizes, maximum position sizes, or overnight charges.
Trading Platform:
This broker offers customers the SINGULARITY360 webtrader proprietary trading platform.
Deposits and Withdrawals:
SINGULARITY360 does not clearly announce the supported methods, costs, or minimum amounts for deposits and withdrawals on its official website.
Summary:
Traderknows reminds investors that SINGULARITY360 is an unregulated and suspected fraudulent forex broker. It is recommended that investors choose brokers with transparent information, strong regulation and good reputation for their investment and trading activities, to avoid unnecessary losses to their own property.
Currently, this broker is marked as "fraud suspicion" on Traderknows.
