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Operating status: SCAM
Website: https://www.areatrading.io/

On 16 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Areatrading is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/areatradingio
On 19 Aug 2022, the Swedish Financial Supervisory Authority (Swidish FSA) AKA Finansinspektionen (FI) issued a warning that Areatrading is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision. FI has not received any notification of cross-border activities from other EEA countries. This broker is also not authorised to provide financial services according to the supervisory authority of the country in which the company seems to be domiciled. You may visit: https://www.fi.se/en/varningslistan/2022/augusti/areatrading/
Areatrading claims to be an reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Areatrading presents a telephone number that belongs to the UK on its website. So we searched the UK forex regulator the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning against this broker. UK FCA warned the public that Areatrading was providing financial services or products in the UK without authorisation.
Moreover, the Financial Supervisory Authority of Finland (FIN-FSA or FI) issued a warning that Areatrading is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision.
The truth is that Areatrading is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
On 29 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Areatrading is a clone firm. The fraudster is using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/areatradingio-areatrading-advisors-ltd-clone-fca-authorised-firm
On 18 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Areatrading was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/areatradingio-areatrading-advisors-ltd-clone-fca-authorised-firm
BrokersView has found that Areatrading is using a new domain, https://www.areatrading.pro/, to scam.
BrokersView found the domain "https://www.areatrading.io/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
The Ontario Securities Commission (OSC) has issued a warning against Areatrading on Mar 15, 2023, revealing that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/area-trading-advisors-ltd-aka-areatrading
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