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TradeCrowd

Operating status: SCAM

Website: https://www.tradecrowd.com/

Broker violations and abnormal records
  • Apr 14, 2022 BrokersView has reviewed that TradeCrowd is an Unregulated Forex Broker

    TradeCrowd claims it is registered in the United Kingdom with company number: 8439612 and it is under strict regulation by the UK Financial Conduct Authority (FCA). We do find a match result to TradeCrowd in the Companies House of UK (CH). But CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities, so having registration does not mean having any regulations. 

    What's more, when searching in FCA, we found TradeCrowd is no longer registered with the FCA as an appointed representative agent of an authorized firm, which means it can no longer carry on regulated forex activities. The truth is that TradeCrowd is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by law. Therefore, it is a scam.

    TradeCrowd claims it is registered in the United Kingdom with company number: 8439612 and it is under strict regulation by the UK Financial Conduct Authority (FCA). We do find a match result to TradeCrowd in the Companies House of UK (CH). But CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities, so having registration does not mean having any regulations. What's more, when searching in FCA, we found TradeCrowd is no longer registered with the FCA as an appointed representative agent of an authorized firm, which means it can no longer carry on regulated forex activities. The truth is that TradeCrowd is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by law. 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.