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EUTRADERGO

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Operating status: SCAM

Website: https://www.eutradergo.io/

Broker violations and abnormal records
  • 2023-07-06 The UK FCA issued a warning against EUTRADERGO

    On July 7, 2023, the Financial Conduct Authority (FCA) issued a warning against EUTRADERGO, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/eutradergo-eu-trader-go

    On July 7, 2023, the Financial Conduct Authority (FCA) issued a warning against EUTRADERGO, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/eutradergo-eu-trader-go
  • 2023-07-09 BrokersView has reviewed that EUTRADERGO is an unregulated broker

    EUTRADERGO provides an address in the UK to appear real. As per UK laws, almost all firms and individuals are required to obtain authorization from the Financial Conduct Authority (FCA) before they can provide financial services or products. However, EUTRADERGO fails to comply with the law and the FCA has added the company to its warning list.

    In essence, EUTRADERGO is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    EUTRADERGO provides an address in the UK to appear real. As per UK laws, almost all firms and individuals are required to obtain authorization from the Financial Conduct Authority (FCA) before they can provide financial services or products. However, EUTRADERGO fails to comply with the law and the FCA has added the company to its warning list.In essence, EUTRADERGO is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Does EUTRADERGO offer negative balance protection?

Gerald
Sierra Leone
2023-07-18
ANSWER Our investigation has revealed that EUTRADERGO is an unregulated broker and therefore we advise against trading with this platform, no matter how tempting deals it offers and what security measures it claims to provide.In an attempt to appear real, EUTRADERGO provides an address in the UK. If that assertion is real, EUTRADERGO, as required by UK law, needs to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, EUTRADERGO fails to comply with the law and the FCA has added the company to its warning list. You can read the warning here.In conclusion, EUTRADERGO is not a safe choice for investors as it is an unlicensed broker. It is a fraudulent trading platform posing a huge risk to investors' money and personal information because there are no rules in place to protect investors from fraud or theft. As such, investors are encouraged to stay away from unlicensed brokers like EUTRADERGO and instead choose a fully regulated one to mitigate such risks.
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