On June 30, 2023, the Financial Conduct Authority (FCA) issued a warning against GasTrade Company, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany

GasTrade Company claims to be multi-regulated, including the Australian Securities and Investment Commission (ASIC), the Dubai Financial Services Authority (DFSA), the Financial Services Conduct Authority (FSCA), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Belize Financial Services Commission (Belize FSC). However, our investigation reveals that it is not subject of the aforementioned regulators. Additionally, the FCA has added GasTrade Company for offering financial services or products without their authorization.

In essence, GasTrade Company 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.

As GasTrade Company continues its unlicensed activities and has created a new website address to solicit potential investors, the Financial Conduct Authority (FCA), in an effort to keep traders informed about this unauthorized firm, updated its warning by adding more details about the platform. Please be aware of the risks involved and stay away from it. https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany

On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Gastrade to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2

BrokersView found that the domain "gastrade.company" 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.