Chainpilot Review

About Chainpilot

Chainpilot operates the website chainpilot.co (and potentially chainpilot.co.uk), offering investment and trading services without any registration or licence from recognised financial authorities. The German regulator BaFin issued a public warning concerning Chainpilot, reporting that unidentified operators appear to be providing financial and investment services via chainpilot.co without required authorisation (). Additionally, ScamAdviser assigns the site a very low trust score, notes that its WHOIS information is hidden, and highlights connections to registrars associated with spam and high-risk services (). Gridinsoft categorises Chainpilot as a fake investment or earning website that promotes deceptive financial opportunities, assigning it a poor trust score of 6/100 ().

The site displays an address in London at “310 Pell St, Cannon Wharf, SE8 5EN” but the lack of verifiable licensing, hidden ownership, and regulatory warnings indicate significant risk to users. No evidence was found of regulatory protection, client fund safeguards, or authorised operation. The site's refund policy states that arbitrage and scalping are prohibited, full refunds on unused funds require KYC documentation, and refunds may be processed within 7 days excluding fees—but these measures do not compensate for the absence of regulatory oversight ().

Pros and cons

Pros

• Website offers refund of unused funds subject to KYC and company discretion, processed within 7 days (excluding fees) ()

Cons

• Unauthorised to operate investment services in Germany—BaFin warning issued regarding chainpilot.co ()
• No regulatory licence from recognised authorities such as FCA, ASIC, CFTC, or SEC ()
• Hidden ownership details; WHOIS privacy enabled, associations with high-risk registrars ()
• Low or poor trust scores from independent safety tools (Gridinsoft, ScamAdviser) indicating high risk of fraud ()