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Trade Room 24
Operating status: SCAM
Website: https://www.traderoom24.com
Broker violations and abnormal records
On August 30, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Trade Room 24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/trade-room-24/.
On August 30, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Trade Room 24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/trade-room-24/.Trade Room 24 claims to be an online CFD broker located in Switzerland, which offers a variety of products to online traders, including Forex, Cryptocurrencies and more instruments in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.
Upon investigation, we found that Trade Room 24 is not authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). And the FINMA issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation.
The truth is that Trade Room 24 is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.
Trade Room 24 is a scam.
Trade Room 24 claims to be an online CFD broker located in Switzerland, which offers a variety of products to online traders, including Forex, Cryptocurrencies and more instruments in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we found that Trade Room 24 is not authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). And the FINMA issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation.The truth is that Trade Room 24 is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Trade Room 24 is a scam.On 15 November 2024, The Financial Services and Markets Authority (FSMA) issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation in Belgium. You may visit: https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud.
On 15 November 2024, The Financial Services and Markets Authority (FSMA) issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation in Belgium. You may visit: https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud.
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