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Fortrade Mining

Operating status: SCAM

Website: https://foretrademining.com/mine/

Broker violations and abnormal records
  • Jun 11, 2023 The US CFTC adds Fortrade Mining to its RED List

    On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added Fortrade Mining to its RED List for illegal operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.

    On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added Fortrade Mining to its RED List for illegal operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.
  • Jun 12, 2023 BrokersView has reviewed that Fortrade Mining is an unregulated broker

    Fortrade Mining claims to be regulated by Malta Financial Services Authority (MFSA) but provides two different license numbers, and it wrongly says that the MFSA is in the US, raising doubts about its legitimacy and authenticity. We searched for this company in the MFSA register but found no matching records. This is a red flag. Furthermore, the Commodity Futures Trading Commission (CFTC) has added Fortrade Mining to its RED List for illegal operations.

    In essence, Fortrade Mining 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.

    Fortrade Mining claims to be regulated by Malta Financial Services Authority (MFSA) but provides two different license numbers, and it wrongly says that the MFSA is in the US, raising doubts about its legitimacy and authenticity. We searched for this company in the MFSA register but found no matching records. This is a red flag. Furthermore, the Commodity Futures Trading Commission (CFTC) has added Fortrade Mining to its RED List for illegal operations.In essence, Fortrade Mining 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.

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