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ESPTrader

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Operating status: SCAM

Website: https://esptrader.co/

Broker violations and abnormal records
  • May 15, 2023 BrokersView has Reviewed that ESPTrader is an Unregulated Broker

    There is no any regulatory information on its website. The truth is that ESPTrader is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. The truth is that ESPTrader is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Dec 30, 2025 BrokersView has identified that ESPTrader's website is currently offline

    BrokersView found that the domain "https://esptrader.co/" 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://esptrader.co/" 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

What account type does it offer? except for standard account

jbmaverick
Martinique
May 18, 2023
ANSWER ESPTrader is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.ESPTrader fails to provide company details and regulatory information, a significant scam indicator as legitimate brokers typically display such information prominently to instill trust and transparency. Therefore, any offering of financial services or products by this broker is illegal.Regarding your question, we suggest that you avoid dealing with ESPTrader since it is not subject to any regulations. Once your funds and personal details are controlled by this broker, there are no legal protections to safeguard them. Loss of funds and identity theft are likely to happen, which could be financially and personally devastating. As such, investors are encouraged to stay away from unlicensed brokers like ESPTrader and choose fully regulated ones instead.
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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.

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