On 11 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Eureka Forex Trade may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/eureka-forex-trade

Eureka Forex Trade claims to be a reliable broker while presenting neither details about its company information (company name, office address) and regulation, nor legal documents (terms & conditions, risk disclosure and privacy policy, etc.). Lacking such vital information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.

Besides, Eureka Forex Trade presents two company addresses respectively in the United States and the United Kingdom. As per relevant law, all firms and individuals offering, promoting, or selling financial services or products in the above two countries have to be authorized or registered by the UK Financial Conduct Authority (FCA) and the US National Futures Association (NFA). But first, we did not find any match results to this broker in NFA. Second, when we searched in FCA, we only found a warning against this scam issued by the regulator. FCA warned that Eureka Forex Trade may be providing financial services or products in the UK without authorization. 

The truth is, Eureka Forex Trade is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

BrokersView found that the domain "https://www.eurekaforextrades.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.