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Trader Republic
Operating status: SCAM
Website: https://trader-republic.co
Broker violations and abnormal records
Trader Republic (trader-republic.co / Trader Republic LLC.) claims to be an online trading platform headquartered in Switzerland together with offices in the UK and Canada, regulated by with SVG FSA, offering wide range of financial services, including Cryptocurrencies, Commodities, Forex, stocks, Indices and more instruments in global markets.
Upon investigation, Trader Republic is not regulated by the Swiss Financial Market Supervisory Authority (FINMA), the United Kingdom Financial Conduct Authority (FCA), the Investment Industry Regulatory Organization of Canada (IIROC) and The Canadian Securities Administrators (CSA).
We also didn't find any results in the Financial Services Authority in St. Vincent and the Grenadines(SVG FSA), an offshore authority that doesn't license forex trading brokerage activities.
The truth is that Trader Republic 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.
Trader Republic is a scam.
Trader Republic (trader-republic.co / Trader Republic LLC.) claims to be an online trading platform headquartered in Switzerland together with offices in the UK and Canada, regulated by with SVG FSA, offering wide range of financial services, including Cryptocurrencies, Commodities, Forex, stocks, Indices and more instruments in global markets.Upon investigation, Trader Republic is not regulated by the Swiss Financial Market Supervisory Authority (FINMA), the United Kingdom Financial Conduct Authority (FCA), the Investment Industry Regulatory Organization of Canada (IIROC) and The Canadian Securities Administrators (CSA). We also didn't find any results in the Financial Services Authority in St. Vincent and the Grenadines(SVG FSA), an offshore authority that doesn't license forex trading brokerage activities.The truth is that Trader Republic 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.Trader Republic is a scam.On September 25, 2024, the Financial Conduct Authority (FCA) issued a warning against Trader Republic for the lack of the required authorization. https://www.fca.org.uk/news/warnings/trader-republic-trader-republicco
On September 25, 2024, the Financial Conduct Authority (FCA) issued a warning against Trader Republic for the lack of the required authorization. https://www.fca.org.uk/news/warnings/trader-republic-trader-republicco
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