TradeState
We checked TradeState against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
TradeState does not display any regulatory information and merely claims to be registered in Saint Vincent. Upon checking the Financial Services Authority (FSA) of Saint Vincent and the Grenadines registry, we found a company named "TRADE STATE GROUP LLC" registered. However, this registration only grants it International Business Company (IBC) status, which does not constitute a valid financial license for trading activities. The SVG FSA has publicly stated that it neither regulates nor licenses foreign exchange trading operations. Besides, TradeState was added to the warning list by Spain’s Comisión Nacional del Mercado de Valores (CNMV) for providing investment services without proper authorization. Given these facts, TradeState exhibits highly suspicious behavior and appears to be an unlicensed and potentially fraudulent broker.
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 TradeState.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.