- Company name: FX TRADING LTD
- Registration/license: none
- Registration/license requirement: –
Is TradeFTM a regulated forex broker or a scam?
no, TradeFTM broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
TradeFTM is a trading name of FX TRADING LTD, authorized and registered by the HOC (Companies House UK) in the conduct of its investment business.
TradeFTM is entered on the HOC register and its registered. TradeFTM is a Public Limited Company registered in England, company number DJ812687.
The registered office is 180, Whitton Rd, Hounslow TW3 2ES, UK. With all this information provided on the website of the firm, it is still not registered by the Financial Conduct Authority (FCA), which means they are not allowed to offer their services in the UK.
No matter where the company is based, we highly recommend to avoid unregulated brokers as investing with them is rather risky. There is almost no risk in trading with the regulated brokers, especially those supervised by the FCA or the Australian Securities and Investment Commission (ASIC).
Suc regulators guarantee the segregation of the funds and even the compensation (for example, up to GBP 50,000 with the FCA).
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