regarding Tradesbolt’s licence

By Lucifer, from Latvia, March 25, 2021 at 03:21 PM

Hello, 1. I need to know about this broker called tradesbolt. 2. Is this a registered and regulated broker.

Answer: Hi Lucifer,

TradesBolt claims to be a regulated Forex and CFD broker. According to the website, they have offices in over 8 countries including UK, China, Germany, France and Australia. TradesBolt is also regulated by the world’s biggest supervision authorities including the FCA, KNF and CMB. However, all these claims are false and the broker is not in fact regulated.

We advise all investors and traders to avoid unregulated brokers. The lack of information about the broker’s regulation, trading conditions and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams.

It is better to choose from the Regulated Brokers, where all the funds are safe and segregated.

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