GYD
We checked GYD against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
GYD claims to be a regulated broker under multiple regulations including "the England FSP", the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the America National Futures Association (NFA). Firstly, there is no such regulator named the England FSP exists. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). So we searched on FCA but found no matching results to GYD. Secondly, please be informed that the Canada FINTRAC does not regulate forex activities. Thirdly, we searched on the US NFA, and found that GYD is not under valid regulation by the US NFA since it is not an NFA member. The truth is that GYD is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report GYD.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.