Open Trades
We checked Open Trades against the AskCheck register. It has been reported (2026) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Open Trades’ website provides no regulatory disclosures, only claims that it was registered in United Kingdom. We searched the official register of the Financial Conduct Authority (FCA) using all available details, but found no record of Open Trades Ltd or any associated company. Furthermore, the FCA issued a warning against Open Trades, believing this company might be providing financial services or products without proper authorization in the UK. This absence of regulatory information combined with regulatory warning strongly suggests that Open Trades operates without authorization. Therefore, Open 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 Open Trades.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.