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TradeFCM

Operating status: SCAM

Website: https://tradefcm.com

Broker violations and abnormal records
  • Jun 30, 2021 BrokersView has reviewed that Tradefcm is an unregulated forex broker
    TradeFCM claims to be a UK-based company while providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, it is not supervised by the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in the UK, since BrokersView didn't find any information about its regulation from FCA. So currently TradeFCM is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    TradeFCM claims to be a UK-based company while providing zero details about the trading license on its website, which is already a red flag for potential traders. Besides, it is not supervised by the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in the UK, since BrokersView didn't find any information about its regulation from FCA. So currently TradeFCM is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

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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.