SafeTradeFX
We checked SafeTradeFX 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
SafeTradeFX claims to be an international forex broker which is a member of The Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). However, we did not find any match results to this broker in FINRA or SIPC. Besides, the above two authorities are not financial regulators that regulate entities engaging in forex. The truth is, SafeTradeFX is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is 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 SafeTradeFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.