Tradefx24 Query www.tradefx24.net

By Preshen Khomarsamy, from South Africa, December 7, 2019 at 08:35 AM

Hi there I want to find out if Tradefx24 is a real company or a fraud. Everything about them sounds to good to be true. Please advise Thanks

Answer: Hi Preshen Khomarsamy,

We have not found any information about the Tradefx24 license, and it really seems like the company is NOT regulated. They claim to be located in California, US, however, it is not listed in the US financial regulators registers.

Tradefx24 also claims to be an affiliate partner of the well-known and regulated broker InstaForex. However, there is actually no proof of this partnership on the InstaForex website.

Tradefx24 seems to be one of those clone/scam brokers who use the names of the regulated entities to get the client’s trust.

We recommend you to stay away from Tradefx24 and choose only from the well-regulated firms.

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