Affliated Trade Group Review

Is Affiliated Trade Group Scam or Legit broker?

Affiliated Trade Group is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade with Affiliated Trade Group.

• We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement in trading with such a company means the trader will believe only in the broker’s words, and of course, it is a high risk.

What is Affiliated Trade Group?

Affiliated Trade Group is a Forex broker that was founded in 1998. The broker doesn't provide any information about the company behind the brand name as well as there are no regulation details have been provided.

• Affiliated Trade Group claims to have regional offices in Costa Rica and Japan, with headquarters in Zurich, Switzerland. However, the company doesn't seem to be licensed in Switzerland by its local regulator Financial Market Supervisory Authority FINMA. Moreover, the broker has been blacklisted by at least two regulators:
  a warning from the Alberta Securities Commission (ASC):

"The public should be aware that Affiliated Trade Group is not registered to sell securities or derivatives in Alberta, and that its actions are not in compliance with Alberta securities laws";

and a warning from the Ontario Securities Commission (OSC):

"The Ontario Securities Commission (OSC) is warning investors that the company Affiliated Trade Group and its representatives are not registered in Ontario to solicit investments or provide advice on investing in, buying, or selling securities."

• The pages and official sources of the international regulators’ list alert are shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and the general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities, and more. 
• On top of these warnings, when you click on "platform access" it redirects to another platform Secure Trade FX. We couldn't find any information about this firm, so we suggest traders stay away from both of the companies and invest with reliable brokers.

Affiliated Trade Group Review Conclusion

We recommend avoiding dealing with Affiliated Trade Group, as well as any other firms flagged by the regulators. We advise investing with brokers regulated by well-respected financial institutions such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Traders should trade with well-regulated brokers such as IG Markets and BlackBull Markets.

Affiliated Update

Based on our research, the Affiliated Trade Group website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.