Cointradex
We checked Cointradex against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Cointradex claims to be operated by Cointradex Ltd regulated by the Financial Conduct Authority (FCA). However, our search for this company in the FCA registry found no corresponding records. Therefore, what Cointradex claims about its regulatory status is a lie. This broker also claims to be a United States verified trading brokerage but we didn't find matching data in the National Futures Association (NFA) either. In essence, Cointradex is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Cointradex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.