Warning: Is ShiningMarket a Scam?

Investigation: ShiningMarket (shiningmarket.com)

We reviewed ShiningMarket (shiningmarket.com) and uncovered disturbing issues.

ShiningMarket claims to be a trading provider, but it appears illegal by any top-tier financial regulator, like the ASIC or CySEC.

Have You Lost Funds to ShiningMarket?

If you think you were tricked by ShiningMarket, act immediately. Submit the form below to speak with recovery experts for a free case evaluation.

Can You Trust ShiningMarket?

ShiningMarket operates without oversight.

Investing with unregulated entities is very dangerous. Trusted firms are always licensed with agencies like the FCA, CySEC, or CFTC to ensure consumer safety.

ShiningMarket lacks this protection. As a result, there is no protection if they steal your funds. Many investment fraud involve unregulated entities, and recovering money from them is hard without expert help.

For instance, in Europe, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, meaning your money is completely exposed.

How ShiningMarket Might Scam You

Investment fraud is getting smarter. Criminals use manipulation to steal wealth. Here are typical methods used by sites similar to ShiningMarket (shiningmarket.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a common tactic where scammers groom victims over months. They build a relationship online. Eventually, they introduce a secret crypto opportunity. It's a trap to lure you onto a scam site .

Rigged Platforms

Scammers build websites that mimic legit trading apps. They have charts and balances that go up. But it is a game. The broker manipulates the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Red Flags

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The firm has no authorization.
• Guaranteed Profits: They promise huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Ignore fake reviews. Fraudulent brokers frequently write their own 5-star reviews to appear real.

Verdict

We advise against ShiningMarket. It appears to be a scam. Protect your money and find a regulated broker. Avoid shiningmarket.com at all costs.