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TradeZoom

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Operating status: SCAM

Website: https://tradezoom.pro/

Broker violations and abnormal records
  • 2024-03-03 The FCA identifies TradeZoom as a clone

    On March 4, 2024, the Financial Conduct Authority (FCA) issued a warning against TradeZoom, identifying this company as a clone of an FCA-authorized firm. https://www.fca.org.uk/news/warnings/tradezoom-ltd-tradezoompro-clone-fca-authorised-firm

    On March 4, 2024, the Financial Conduct Authority (FCA) issued a warning against TradeZoom, identifying this company as a clone of an FCA-authorized firm. https://www.fca.org.uk/news/warnings/tradezoom-ltd-tradezoompro-clone-fca-authorised-firm
  • 2024-03-07 BrokersView exposes a clone firm TradeZoom

    According to its website, it claims regulated by Financial Control Bureau of Securities Markets, but after careful inquiry, it turns out that the regulatory agency it claims does not exist, which is a very dangerous sign.

    In addition, its address is in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against TradeZoom, identifying this company as a clone of an FCA-authorized firm. 

    In conclusion, TradeZoom is definitively a scam. Investors are strongly advised to steer clear of it.

    According to its website, it claims regulated by Financial Control Bureau of Securities Markets, but after careful inquiry, it turns out that the regulatory agency it claims does not exist, which is a very dangerous sign.In addition, its address is in the UK. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against TradeZoom, identifying this company as a clone of an FCA-authorized firm. In conclusion, TradeZoom is definitively a scam. Investors are strongly advised to steer clear of it.

Related Complaints

Q&A

How can I contact TradeZoom's support?

Gaafar Hudson
Bolivia
2024-03-12
ANSWER Establishing contact with TradeZoom's support team can be difficult, as it is a clone firm that misappropriates the information of a legitimate company to appear credible. The contact details provided could be falsified, or their customer support team could abruptly vanish if they decide to cease operations without prior notice.The Financial Conduct Authority (FCA) in the UK has issued a warning about TradeZoom, indicating that fraudulent activities are being conducted through this clone firm. Therefore, to safeguard themselves from fraudulent schemes, investors are strongly advised to avoid TradeZoom and opt for brokers that are fully regulated.
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Someone on Ins says it is a great platform to make money. Is TradeZoom legit?

Sam
Algeria
2024-03-28
ANSWER No, we strongly suggest avoid TradeZoom, an unlicensed trading platform.The platform claims to be regulated by a non-existent financial regulator to create the illusion of legitimacy. However, it is not regulated by any financial authorities. This allegedly UK-domiciled entity has drawn a warning from the Financial Conduct Authority (FCA), which explicitly states it is not only unauthorized but also a clone firm.Given these circumstances, TradeZoom is far from a secure option. To have a safer trading environment, opt for fully regulated brokers over unregulated ones like TradeZoom.
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