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Traderup
Operating status: SCAM
Website: https://www.traderup.com/
Broker violations and abnormal records
On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Traderup to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2
On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Traderup to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2Traderup claims to be regulated across various jurisdictions, yet it fails to specify its regulatory status. This ambiguity is a red flag for potential scams.
Although Traderup purports to be based in the UK, our search in the Financial Conduct Authority (FCA) register yielded no matching results for this company.
Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has included Traderup on its warning list, identifying it as a fraudulent trading platform operating in the Belgian market.
These findings strongly suggest that Traderup does not comply with relevant regulations and rules. Entrusting your funds to this broker poses a high risk, as there are no legal protections in place to safeguard your investment.
In light of these facts, it is unequivocal that Traderup is a scam.
Traderup claims to be regulated across various jurisdictions, yet it fails to specify its regulatory status. This ambiguity is a red flag for potential scams.Although Traderup purports to be based in the UK, our search in the Financial Conduct Authority (FCA) register yielded no matching results for this company.Furthermore, the Belgian Financial Services and Markets Authority (FSMA) has included Traderup on its warning list, identifying it as a fraudulent trading platform operating in the Belgian market.These findings strongly suggest that Traderup does not comply with relevant regulations and rules. Entrusting your funds to this broker poses a high risk, as there are no legal protections in place to safeguard your investment.In light of these facts, it is unequivocal that Traderup is a scam.
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