The Official Website Of Eurotrade Cannot Be Accessed Normally At Present. It Seems That The Company Has Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-03-07 Spain CNMV Adds Eurotrade To The Warning List
On March 7, 2022, The Spanish National Trade Commission (CNMV) Issued A Warning That Eurotrade Provides Investment Services In Spain Without Authorization. You Can Visit The Following Website For Details: Http://www.cnmv.es/portal/ResultadoBusqueda.aspx?nif=21106.tipo=1
2022-06-08 Belgium FSMA Puts Eurotrade On Warning List
On June 8, 2022, The Belgian Financial Services And Markets Authority (FSMA) Defined Eurotrade As A Fraudulent Online Trading Platform. You Can Visit The Following Website For Details: Https://www.fsma.be/en/warnings/fsma-identifies-new-fraudulent-online-trading-platforms-1
2022-08-01 We Have Reviewed And Confirmed That Eurotrade Is An Unregulated Forex Broker.
Eurotrade Claims To Be A Reliable Broker, But Has Not Provided Any Information About Its Regulation.
The Lack Of Such Vital Information Can Be A Clear Signal For An Unlicensed Dealer, As Regulated Dealers Always Provide Their Certification And License To Operate In A Prominent Position. This Is A Red Flag.
Eurotradep Also Claims That It Has Offices In The UK. Under UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Are Required To Obtain Authorisation Or Business Registration From The UK Financial Conduct Authority (FCA). When We Looked At The FCA, We Found That The Regulator Had Marked Eurotrade As An "unauthorized Company". This Means That Eurotrade Is Providing Financial Services In The UK Without Authorisation.
In Addition, The Spanish Comisión Nacional Del Mercado De Valores (CNMV) Issued A Warning That Eurotrade Is Not Authorized To Provide Investment Services In Spain. The Belgian Financial Services And Markets Authority (FSMA) Also Defines Eurotrade As A Fraudulent Online Trading Platform.
The Fact Is That EuroTrade Is Not Regulated By Any Regulatory Body. It Is Not Safe To Let This Trader Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Due To The Inability To Access The Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Eurotrade Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Eurotrade As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
