Fendatrade claims to be a multi-regulated broker with authorization and regulation in several regulatory bodies, including:

1) The Malta Financial Services Authority (MFSA) with license number IS/56519;

2) The France Autorité des Marchés Financiers (AMF);

3) The Italy Commissione Nazionale per le Società e la Borsa (CONSOB);

4) The Germany Federal Financial Supervisory Authority (BaFin).

First, we did not find any match results to Fendatrade in AMF, BaFin, and CONSOB. Second, we indeed find a match result to the license number in MFSA, but the number belongs to a company named "NSFX LIMITED", whose only approved domain is "www.nsfx.com" instead of the one used by Fendatrad. That means Fendatrad may be a clone firm that falsely uses the regulatory info of an MFSA-regulated firm. Fendatrade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam. 

BrokersView found the domain "https://fendatrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.