SENTFUNDS

YUM Group

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High Risk

Reported as a scam / unregulated

SF-701138registry entry

Why YUM Group is on the register

On its page footer, YUM Group says Copyright © 2019, but its domain check result shows that it is first created on February 1, 2022. Thus, it is using a false company foundation year. Founded in the UK, YUM Group shows it is a leading independent broker in the trading of foreign exchange. To be able to offer forex trading service in the UK, the broker must get at least one license from the FCA. However, it lists no FCA regulation info and we also find no license record on the FCA Registry. That is to say, YUM Group is unlicensed currently. On its “ABOUT US”, YUM introduces that it is regulated by the American Futures Association (NFA) with regulatory number 0545142. However, the company is actually not regulated by the NFA since it is not an NFA Member. That means it is not authorized to offer forex services. Based on the above information, we can conclude that Yum Group is a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.