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SurgeTrader

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Operating status: SCAM

Website: https://surgetrader.com/

Broker violations and abnormal records
  • May 21, 2023 The Spanish CNMV issued a warning against SurgeTrader

    On May 22, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added SurgeTrader to its warning list for it providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1


    On May 22, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added SurgeTrader to its warning list for it providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
  • May 22, 2023 BrokersView has reviewed that SurgeTrader is an unregulated broker

    SurgeTrader marks itself as a reliable broker but fails to provide regulatory information and licensing data, which is a clear scam indicator. Since it claims to be located in the US, we searched for this broker in the registry of the National Futures Association (NFA) but found no records matching it. Therefore, the offering of financial products or services by SurgeTrader is illegal. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added it to its warning list for providing investment services without authorization.

    In essence, SurgeTrader is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    SurgeTrader marks itself as a reliable broker but fails to provide regulatory information and licensing data, which is a clear scam indicator. Since it claims to be located in the US, we searched for this broker in the registry of the National Futures Association (NFA) but found no records matching it. Therefore, the offering of financial products or services by SurgeTrader is illegal. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added it to its warning list for providing investment services without authorization.In essence, SurgeTrader is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
  • Dec 22, 2025 BrokersView has identified that SurgeTrader's website is currently offline

    BrokersView found that the domain "https://surgetrader.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://surgetrader.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

SurgeTrader is a scam. Right?

Chirag Brahmbhatt
Cambodia
May 26, 2023
ANSWER SurgeTrader is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.SurgeTrader marks itself as a reliable broker but fails to provide regulatory information and licensing data, which is a clear scam indicator. Since it claims to be located in the US, we searched for this broker in the registry of the National Futures Association (NFA) but no matching records could be found. Therefore, the offering of financial products or services by SurgeTrader is illegal. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added it to its warning list for providing investment services without authorization.Regarding your question, SurgeTrader is a scam. Once your money is in SurgeTrader's system, there are no rules to safeguard it and you may suffer financial losses and identity theft. We strongly suggest investors stay away from unlicensed brokers like SurgeTrader and choose fully regulated ones instead.
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