SENTFUNDS

TOOLS4SEALS

Written by

in

High Risk

Reported as a scam / unregulated

SF-707024registry entry

Why TOOLS4SEALS is on the register

TOOLS4SEALS claims to be a legitimate trading platform providing services for forex trading and other derivatives like cryptos. It showcases a certificate issued by Crypto Service Authority that seems to be a fake authority. Therefore, the certificate is meaningless. Since TOOLS4SEALS claims to be located in Singapore, it is required to be registered with the Monetary Authority of Singapore (MAS) before soliciting investors. However, our search for this company in the register of MAS didn’t return any results. In essence, TOOLS4SEALS is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. TOOLS4SEALS is unequivocally 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.
Report this broker →

SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.