Is Trading Epic Scam or a Legit Broker?

Trading Epic is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.

About Trading Epic
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Trading Epic safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Trading Epic?

Trading Epic is a broker that offers forex, commodities, stocks, indices, futures, and cryptocurrencies like Bitcoin. Their website also mentions binary options (See Licensed Binary Options Brokers). They don’t disclose the company behind the brand’s name, which is the first red flag for the traders as the hidden information about the company doesn’t usually mean anything reliable and promising.

  • According to the website, Trading Epic is regulated by the CFTC ( Commodity Futures Trading Commission) and is based in New York. The website also says that Trading Epic is regulated by the International Financial Services Commission of Belize, as well as the Cyprus Securities and Exchange Commission, licensed by the Financial Services Board (FSB) of South Africa, and is also registered with the Financial Conduct Authority of the UK. However, none of the regulators actually have this broker in their registers, so all these details are fake and Trading Epic has no license to provide financial services.
  • Moreover, the Financial Conduct Authority has issued a warning against the broker:
    “This firm (Trading Epic) is not authorised by us and is targeting people in the UK. Based upon the information we hold, we believe it is carrying on regulated activities which require authorisation.”

 

Trading Epic Review Conclusion

We advise all investors and traders to avoid Trading Epic and other 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. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Alpari and XM.com.


Trading Epic Update

Recently Trading Epic website remains inactive and unavailable to reach, meaning the broker mutes its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case their receive trading proposals. 

No news available.

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