English
Sign In

Hedges Trade

Operating status: SCAM

Website: https://www.hedgestrade.com/

Broker violations and abnormal records
  • Jan 23, 2024 The OSC issues a warning against Hedges Trade

    On January 24, 2024, the Ontario Securities Commission (OSC) issued a warning against Hedges Trade, stating that this entity is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/hedges-trade 

    On January 24, 2024, the Ontario Securities Commission (OSC) issued a warning against Hedges Trade, stating that this entity is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/hedges-trade
  • Jan 25, 2024 BrokersView has reviewed that Hedges Trade is an unregulated financial service provider

    The presentation of Hedges Trade's role on its website is unclear. It positions itself as a global technology provider, focusing on delivering Fintech solutions for brokers. Yet, it also provides trading accounts and deals, which are characteristic features of a forex broker.

    Hedges Trade asserts that it is registered in the UK under CRN 09334596 and authorized by the Financial Conduct Authority (FCA) under FRN 900025. However, our research indicates that these licenses belong to different entities unrelated to Hedges Trade. This suggests that Hedges Trade might be misappropriating the details of legitimate firms to project an illusion of authenticity.

    The website claims that Hedges Trade was established in 2014, contradicting the registration date of its domain, hedgestrade.com, which was registered in June 2023. Furthermore, it attributes its founding to Andrey Pavlov, who is, in fact, a founder of Spotware, a technology developer known for launching cTrader. Adding to the confusion, Hedges Trade seems to insinuate that they are the owner and developer of cTrader.

    Moreover, the Ontario Securities Commission (OSC) has issued a warning against Hedges Trade, stating that it is not registered in Ontario to engage in securities trading.

    Given these numerous red flags, Hedges Trade is far from a safe choice. Any funds entrusted to it are at significant risk. It appears that Hedges Trade may be a scam.

    The presentation of Hedges Trade's role on its website is unclear. It positions itself as a global technology provider, focusing on delivering Fintech solutions for brokers. Yet, it also provides trading accounts and deals, which are characteristic features of a forex broker.Hedges Trade asserts that it is registered in the UK under CRN 09334596 and authorized by the Financial Conduct Authority (FCA) under FRN 900025. However, our research indicates that these licenses belong to different entities unrelated to Hedges Trade. This suggests that Hedges Trade might be misappropriating the details of legitimate firms to project an illusion of authenticity.The website claims that Hedges Trade was established in 2014, contradicting the registration date of its domain, hedgestrade.com, which was registered in June 2023. Furthermore, it attributes its founding to Andrey Pavlov, who is, in fact, a founder of Spotware, a technology developer known for launching cTrader. Adding to the confusion, Hedges Trade seems to insinuate that they are the owner and developer of cTrader.Moreover, the Ontario Securities Commission (OSC) has issued a warning against Hedges Trade, stating that it is not registered in Ontario to engage in securities trading.Given these numerous red flags, Hedges Trade is far from a safe choice. Any funds entrusted to it are at significant risk. It appears that Hedges Trade may be a scam.

Reviews

Be the first to review.
Rate and Review

Your review