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TradeFCM

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Operating status: SCAM

Website: https://tradefcm.com

Broker violations and abnormal records
  • 2021-06-30 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.
  • 2026-01-03 BrokersView has identified that TradeFCM's website is currently offline

    BrokersView found that the domain "https://tradefcm.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://tradefcm.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

TradeFCM regulated?

Mary Simpson
Nauru
2023-04-06
ANSWER TradeFCM is an unlicensed broker even though it offers seemingly attractive deals.TradeFCM claims to be located in the United Kingdom while providing no information about its regulatory status, a big red flag, as legit brokers always display their accreditation and licenses prominently. In the UK, brokers are required by law to be authorized by the Financial Conduct Authority (FCA) to provide financial services or products. However, our search for this broker in FCA registry did not yield any results. This means that it is not regulated.Regarding your question, TradeFCM is not regulated. Letting this broker hold and control your funds or trading with it is very risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like TradeFCM and choose fully regulated ones instead.
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