NETO TRADES
We checked NETO TRADES against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
According to its website, it claims that it is regulated by the GSE in the United States. However, according to inquiries, GSE is a Government-Sponsored Enterprise (GSE) is a quasi-governmental entity. It's not an authority in the sense of a regulatory body, but rather than an entity created by the United States Congress to enhance the flow of credit to specific sectors of the US economy.. We searched the National Futures Association (NFA), but no matching information was found in the NFA. In addition, it mentioned that it is related to Secure Crypto Finance, and that Secure Crypto Finance is regulated by the world's biggest supervision authorities, including the Financial Conduct Authority. However, it did not specify which regulatory agencies. After inquiry, no matching information was found in the FCA. In essence, NETO TRADES is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. NETO TRADES appears to be 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 NETO TRADES.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.