e tradefx
We checked e tradefx 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
The broker, e tradefx, exhibits several characteristics commonly associated with fraudulent operations. Firstly, it employs a website template frequently used by scammers. This template includes rudimentary elements and information about its regulatory status, some of which are incorrect, such as being regulated in the US by GSE (this is not a financial regulator in the US). As per our investigation, all the regulatory information provided was baseless, and e tradefx is no exception. Secondly, there's an odd inconsistency in its branding. The logo features the trading name "LIVETRADED", which doesn't align with "e tradefx". This discrepancy is cause for concern. Thirdly, e tradefx asserts that it's regulated in the UK and the US. However, there's no evidence to suggest that it's registered with either the Financial Conduct Authority (FCA) in the UK or the National Futures Association (NFA) in the US. As for those links labeled "certificate", they are all dead. Lastly, it claims to have seven years of experience, but the registration date of its domain name, e-tradefxmarket.com, is as recent as October 2023. This contradiction serves as a red flag for potential scams. In conclusion, e tradefx is not regulated by any recognized authority. Entrusting this broker with investors' funds carries a high risk, as there are no legal safeguards to protect the investments. Based on these findings, we firmly believe that e tradefx 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 e tradefx.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.