IsTrade Review : Fees, Pros and Cons, Reviews by Real Traders

IsTrade

Operating status: SCAM

Website: https://istrade.cc

Broker violations and abnormal records

Jun 02, 2022 The Swiss FINMA Added IsTrade into Its Warning
On 3 June 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that IsTrade is not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/https-istrade-cc/

On 3 June 2022, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that IsTrade is not entered in commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/https-istrade-cc/
Aug 10, 2022 BrokersView has Reviewed that IsTrade is an Unregulated Forex Broker
IsTrade claims to be owned and opetrated by Dulcet Group LLC, and registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1358 LLC 2021. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being overseen by forex regulators.
Moreover, IsTrade presents a telephone number as a contact. By checking the number, we found it is invalid.
What's more, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that IsTrade is not entered in commercial register.
The truth is that IsTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

IsTrade claims to be owned and opetrated by Dulcet Group LLC, and registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1358 LLC 2021. We searched SVG FSA and found a matching result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Having registration does not mean being overseen by forex regulators. Moreover, IsTrade presents a telephone number as a contact. By checking the number, we found it is invalid.What's more, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning that IsTrade is not entered in commercial register.The truth is that IsTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.