English
Sign In

Trade4x

Operating status: SCAM

Website: http://www.trade4x.net/

Broker violations and abnormal records
  • Sep 06, 2022 BrokersView has Reviewed that Trade4x is an Unregulated Forex Broker

    Trade4x claims to be a reliable firm while presenting neither details about its company's full name and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.

    Downloading its official MT4 trading platform, we found the name of this broker is "Trade FX Pte. Ltd." Besides, this broker shows its three company addresses in the United Kingdom, Singapore, and Dubai. As per this info, we searched in several regulatory bodies, including:

    1) The UK Financial Conduct Authority (FCA);

    2) The Monetary Authority of Singapore (MAS);

    3) The Dubai Financial Services Authority (DFSA).

    However, we did not find any match results to Trade4x or Trade FX Pte. Ltd. in the above watchdogs' registries. The truth is that Trade4x is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Trade4x claims to be a reliable firm while presenting neither details about its company's full name and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Downloading its official MT4 trading platform, we found the name of this broker is "Trade FX Pte. Ltd." Besides, this broker shows its three company addresses in the United Kingdom, Singapore, and Dubai. As per this info, we searched in several regulatory bodies, including:1) The UK Financial Conduct Authority (FCA);2) The Monetary Authority of Singapore (MAS);3) The Dubai Financial Services Authority (DFSA).However, we did not find any match results to Trade4x or Trade FX Pte. Ltd. in the above watchdogs' registries. The truth is that Trade4x is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Reviews

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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.