BrokersView has Reviewed that CFD Trader is an Unregulated Forex Broker CFD Trader claims to be a reliable broker while presenting neither details about its company information (company name, office address) nor regulations. Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. The truth is that CFD Trader is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.