CTmatador is not a licensed or regulated broker even though it states offers that look good to be true. CTmatador claims to be owned and operated by Wind Holdings Ltd, a company registered with St. Vincent and the Grenadine Financial Services Authority (SVG FSA) with registration number 26456 BC 2021. We searched SVG FSA and found a match result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses.
CTmatador also claims it has four offices in Netherland, Singapore, Switzerland and the United Kingdom. As per relevant laws, CTmatafor shall be regulated by regulators in the above contries, including:
1) The Dutch Authority for the Financial Markets (AFM);
2) The Monetary Authority of Singapore (MAS);
3) The Swiss Financial Market Supervisory Authority (FINMA);
4) The United Kingdom Financial Conduct Authority (FCA).
However, we did not find any match results to this broker in the above watchdogs' registries.
More importantly, the Belgian Financial Services and Markets Authority (FSMA) identifies CTmatador as a fraudulent online trading platform. You can check the full warning from here.
The truth is, CTmatador is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like CTmatador and trade with licensed brokers.
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