Focus Comtrade
We checked Focus Comtrade 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
Focus Comtrade claims to be owned and operated by Focus Group, a group of companies engaged in the businesses of Equities, Commodities, Forex, IT Software, Healthcare Verticals, and education. Focus Group consists of: 1) Focus Comtrade Pvt. Ltd, a member of Multi Commodities Exchange Ltd (MCX) and National Commodities & Derivatives Exchange of India Ltd(NCDEX) 2) Focus Shares & Securities Private Ltd, a Stock Broking firm with memberships of NSE, NSE F&O, BSE, NSE Currency Derivatives, and MCX – SX (Forex). However, none of the above-mentioned agencies can issue licenses for forex trading or regulate entities engaging in forex services. That means Focus Comtrade is not under valid regulation by any regulators. 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 Focus Comtrade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.