SR Trade Forex Review : Fees, Pros and Cons, Reviews by Real Traders

SR Trade Forex

Operating status: SCAM

Website: https://srtradeforex.com/

Broker violations and abnormal records

Sep 15, 2022 The UK FCA Added SR Trade Forex into Its Warnings
On 16 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SR Trade Forex is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/sr-trade-forex

On 16 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SR Trade Forex is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/sr-trade-forex
Sep 19, 2022 BrokersView has Reviewed that SR Trade Forex is an Unregulated Forex Broker
SR Trade Forex claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, SR Trade Forex presents two office addresses that located in the UK and Saint Vincent and the Grenadines.
We first searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but found no matching results. That means this broker is not registered in SVG. Besides, SVG FSA is not a forex broker. So having the registration or not does not mean being authorized to provide financial services.
Moreover, as per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against SR Trade Forex in UK FCA.
The UK regulator warned that SR Trade Forex was providing financial services or products in the UK without authorisation.
The truth is that SR Trade Forex 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.

SR Trade Forex claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, SR Trade Forex presents two office addresses that located in the UK and Saint Vincent and the Grenadines. We first searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but found no matching results. That means this broker is not registered in SVG. Besides, SVG FSA is not a forex broker. So having the registration or not does not mean being authorized to provide financial services. Moreover, as per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against SR Trade Forex in UK FCA.The UK regulator warned that SR Trade Forex was providing financial services or products in the UK without authorisation. The truth is that SR Trade Forex 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.
Nov 15, 2022 BrokersView has found that SR Trade Forex is not working
BrokersView found the domain "https://srtradeforex.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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

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