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Regarding the legitimacy of SEAGULL forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

ASIC Revoked

Is SEAGULL safe?

Item: SEAGULL
Rating: 1.55

The regulatory license is the strongest proof.

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Appointed Representative(AR)

Licensor:

Cardiff

Australia ASIC MM

Licensed Institution:
SEAGULL GLOBAL MARKETS PTY LTD
Effective Date:
2019-02-01
Email Address of Licensed Institution:
msawyer@cardiffglobal.com
Sharing Status:
No Sharing
Website of Licensed Institution:
www.cardiffglobal.com
Expiration Time:
2019-06-30
Address of Licensed Institution:

--
Phone Number of Licensed Institution:
0283798980
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3

ASIC Common Business Registration

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Common Business Registration

Licensed Institution:
SEAGULL GLOBAL MARKETS LTD
Effective Date:
2018-11-01
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

MELBOURNE VIC 3000
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3

Is Seagull A Scam？

Introduction

　　Seagull is a forex broker that has gained attention in the trading community, particularly among those exploring various options for currency trading. Operating in a highly competitive market, Seagull positions itself as a platform that caters to both novice and experienced traders. However, the forex market is notorious for its inherent risks and the presence of unregulated brokers, making it crucial for traders to thoroughly evaluate any broker before committing their funds. This article aims to provide an objective analysis of Seagull, assessing its legitimacy and safety for potential investors. The investigation is based on a comprehensive review of regulatory information, company background, trading conditions, customer experiences, and risk assessments.

Regulation and Legitimacy

　　The regulatory framework surrounding a forex broker is fundamental in determining its legitimacy. Regulation serves as a safeguard for traders, ensuring that brokers adhere to specific standards and practices designed to protect investors. In the case of Seagull, the broker's regulatory status has raised concerns.

Regulatory Body	License Number	Regulatory Region	Verification Status
ASIC	Revoked	Australia	Not Verified

　　Seagull was previously registered under the Australian Securities and Investments Commission (ASIC), which is known for its stringent regulatory standards. However, it has been reported that Seagull's license has been revoked, raising significant red flags regarding its operational legitimacy. Without a valid license, the broker is not subject to regulatory oversight, which can expose traders to risks such as fraud and mismanagement of funds. The absence of regulation can also lead to a lack of transparency in trading practices and financial reporting.

　　The implications of operating without proper regulation are profound. Traders may find themselves with limited recourse in the event of disputes or financial losses. Moreover, the broker's history of compliance, or lack thereof, further complicates the assessment of its reliability. The revocation of its license suggests that Seagull may have failed to meet the regulatory requirements, which is a critical factor for any potential investor to consider.

Company Background Investigation

　　Understanding the background of a forex broker is crucial for assessing its credibility. Seagull has been operational for approximately 5 to 10 years, but its exact history remains somewhat opaque. The company is registered in New Zealand, a jurisdiction that has become increasingly popular among forex brokers due to its relatively lenient regulatory framework.

　　The ownership structure of Seagull is not prominently disclosed, which can be concerning for potential investors. A lack of transparency regarding ownership can lead to questions about accountability and trustworthiness. Additionally, the management team's background and professional experience are pivotal in evaluating the broker's competence. Unfortunately, there is limited information available about the individuals

Is SEAGULL a scam, or is it legit?

The latest exposure and evaluation content of SEAGULL brokers.

Seagull broker scam registered in Cayman, not Australian seagull broker

On April 9, 2022, I was recommended by a stranger in the telegram group to register an account on the SEAGULL exchange (registered in the Cayman Islands), and transferred USDT to my registered account to conduct BTC contract transactions. SEAGULL Exchange APP download address: https://m.seagull-crypto.com/#/pages/settings/index SEAGULL exchange website: https://seagull-crypto.com During this period, I also downloaded and browsed the SEAGULL white paper . After completing the registration, the contract operation was carried out. In the case of a small profit, 100 USDT was successfully withdrawn on April 9, and the position was gradually increased. Finally, the investment reached USDT 87,000 on May 1. The deposit address of the personal account on the exchange: USDT chain type The deposit address of TRC-20 is: TFKZo8yNbcr3i84KUCap3PVU1LjiLbTWEd During the period from April 9th to May 1st, I kept depositing USDT and conducting contract operations. On May 1st, after successfully withdrawing 5,000 USDT at 10:00 p.m. Beijing time, on May 2nd, I applied for a withdrawal of 5,000 USDT, which means that it could not be withdrawn, indicating that the account was abnormal. After asking the online customer service, the online customer service gave a telegram customer service contact information SEAGULL CES 064 to communicate. The telegram customer service said that I was suspected of money laundering, illegally withdrawing funds from the platform and a series of non-existent reasons. At the same time, I was required to deposit a 20% profit risk fund into my personal account. After verification by the risk control department, I can withdraw money. (For details, please refer to the direct chat screen shot of customer service and me.) At this time, I realized that the SEAGULL exchange is a deceptive exchange. Small profits can be withdrawn, and large amounts are all restricted. Communicate with the customer service, unable to bear the risk of depositing 20% of the profit, voluntarily give up all the income, and only ask for the principal back, but all were rejected. After that, I borrowed more than 20,000 U and deposited it to the address designated by the customer. Then the customer said that it could be withdrawn after 3 days. After 3 days, the attempt to withdraw failed. The account was frozen after an hour, and then after the corresponding amount was not deposited, the account was restricted from logging in, permanently frozen, and the Telegram customer service was deleted. I hope you take me as a warning, never trust the inducement that others bring you to earn, don't trust any strangers in the telegram group, and stay away from the SEAGULL exchange. I lost a total of 107,000 U.

A scam with guiding order, requires margin and profit tax, a total of 40%, and then closes the account if it is not paid, everyone must stay away from the seagull broker

I was invited by a stranger via telegram and pretend to guide the order. Then, found that there is profit so I invest more. Now, I cannot withdraw nor log in. I cannot even reach the customer service.

Fraud platform. Easy to deposit, but hard to withdraw.

The first time I withdraw it in small amounts, let me loose my guard. The second 24-hour audit or the block chain is blocked, and the last time, the big withdrawal channel is triggered, and you have to pay 40% of your current position. During this period, you are constantly being called to open positions, and the larger the position you induce, the greater the profit. The liar will show the records of the transactions and deposits and withdrawals you made with him. They are all controlled by them. The records show a high amount, which will make your heart flutter. Usually, they will ask you to deposit money before they are willing to take you to trade. Once a day, you will be expected, and if you don’t enter, you will not bring it. This is their psychological tactic. These liars will also encourage you, don’t be timid about what you want to do, stick to it, and create motivation. The so-called motivation is to find a way to borrow if you don’t have money. They don't care if you live or die, they'll just drain the last drop of blood from you. Greedy words is poverty, this time I let me experience it hard, and it is also a lesson of blood. I hope you stay away from these small and black-hearted platforms. I would rather eat happy porridge than frown rice. I'm glad I didn't go to an underground bank or a credit card, otherwise I really wouldn't be able to turn around.

Seagull is unable to withdarw

Seagull crypto, a platform for short trade. It can only withdraw a few after deposit. Now, it cannot withdraw at all. They will invite people in Telegram. It can make a great of profit, but cannot withdraw.

SEAGULL's latest industry rating score is 1.55, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. SEAGULL If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.