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BTC Trade

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA issued a Warning against BTC Trade On 14 May 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BTC Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/btc-trade-btctradeworld

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BrokersView has Reviewed that BTC Trade is an Unregulated Broker According to its website, it claims to be registered with the U.S. Securities and Exchange Commission (SEC).Upon investigation, no matching information was found in the SEC. In addition, its address is in London, UK, but we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BTC Trade was providing financial services or products in the UK without authorisation.The truth is that BTC Trade is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.BTC Trade is a scam.

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BrokersView has identified that BTC Trade's website is currently offline BrokersView found that the domain "https://btctrade.world/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Can I trade with BTC Trade in the US? Under US law, forex brokers must register with the National Futures Association (NFA) before engaging with investors. However, BTC Trade is not listed in the NFA's records, making it unauthorized to serve US customers.Furthermore, BTC Trade lacks regulation, as evidenced by the absence of verifiable regulatory information and a warning from the Financial Conduct Authority (FCA) in the UK, labeling it as an unauthorized entity.Investors are at risk of fraud and financial loss when dealing with BTC Trade. For a secure trading experience, it is wise to avoid unregulated brokers like BTC Trade and opt for those that are fully regulated. View Source

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