The Financial Industry Authority (CSSF) of Luxembourg issued a warning against Co-Finance Trade Limited on April 5, 2023, stating it is not supervised by the CSSF and that it has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg: https://www.cssf.lu/en/2023/04/warning-regarding-the-activities-of-an-entity-named-co-finance-trade-limited/

Co-Finance Trade Limited purports to be registered with the Luxembourg company house with registration number being R2335443. However, one must keep in mind that brokers operating in Luxembourg must be authorized by the Financial Industry Authority (CSSF) in order to provide financial services or products. However, the CSSF has issued a warning against this broker, stating that it is not supervised by the CSSF and that it has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg.

In essence, Co-Finance Trade Limited 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. It is unequivocally a scam.