CFDTRADES
We checked CFDTRADES against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
CFDTRADES claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, CFDTRADES shows its company address is in Dublin, Ireland. However, we did not find any match results to CFDTRADES in the Central Bank of Ireland (CBI), which is the country's financial services regulator for most categories of financial firms, including forex brokers. The truth is that CFDTRADES is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, 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 CFDTRADES.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.