Trade.com – legit or scam?

  • This topic has 2 replies, 1 voice, and was last updated 1 week ago by Alfie.
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  • #191044 Reply
    Harry

      Has any DT on here used these guys – https://cfd.trade.com/en/?

      Their website says they are regulated in loads of places but I’m seeing some mixed stuff on different sites.

      Nice one.

      Harry1

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      • #191235 Reply
        James Barra
        Moderator
          DayTrading.com Team

          Hi Harry,

          On the face of it, Trade.com appear to be well-regulated:

          • FCA in the UK
          • CySEC, CNMV, CONSOB in Europe
          • FSCA in South Africa
          • FINRA in the US
          • FSC in Mauritius

          However, I have some concerns:

          • The FCA has issued a warning about clones of this website which could be linked to scams
          • It’s not one of the larger, more established brokers in the market
          • User reviews are mixed, as you’ve pointed out

          Given these downsides, I’d consider looking at DayTrading.com’s top brokers.

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        • #191234 Reply
          Alfie

            I’ve never heard of these lot and I see nothing in their marketing materials you can’t get from well-known day trading brokers. I would avoid.

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