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CFDTRADES

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has Reviewed that CFDTRADES is an Unregulated Forex Broker CFDTRADES claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, CFDTRADES shows its company address is in Dublin, Ireland. However, we did not find any match results to CFDTRADES in the Central Bank of Ireland (CBI), which is the country's financial services regulator for most categories of financial firms, including forex brokers. The truth is that CFDTRADES is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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The UK FCA Warns that CFDTRADES is a Clone Firm On 16 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CFDTRADES was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/cfdconsulting-capital-uk-ltd-cfd-trades-clone-fca-authorised-firm

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BrokersView has Found that CFDTRADES is Using a New Domain BrokersView has found that CFDTRADES is using a new domain, https://www.cfdtrades.io/, to scam.

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