BrokersView
Search
Download
English
Sign In

GasTrade Company

Save

Operating status: SCAM

Website: https://gastrade.company/; https://gastrade.co/licenses

Broker violations and abnormal records
  • 2023-06-29 The UK FCA issued a warning against GasTrade Company

    On June 30, 2023, the Financial Conduct Authority (FCA) issued a warning against GasTrade Company, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany

    On June 30, 2023, the Financial Conduct Authority (FCA) issued a warning against GasTrade Company, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany
  • 2023-07-03 BrokersView has reviewed that GasTrade Company is an unregulated broker

    GasTrade Company claims to be multi-regulated, including the Australian Securities and Investment Commission (ASIC), the Dubai Financial Services Authority (DFSA), the Financial Services Conduct Authority (FSCA), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Belize Financial Services Commission (Belize FSC). However, our investigation reveals that it is not subject of the aforementioned regulators. Additionally, the FCA has added GasTrade Company for offering financial services or products without their authorization.

    In essence, GasTrade Company 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.

    GasTrade Company claims to be multi-regulated, including the Australian Securities and Investment Commission (ASIC), the Dubai Financial Services Authority (DFSA), the Financial Services Conduct Authority (FSCA), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Belize Financial Services Commission (Belize FSC). However, our investigation reveals that it is not subject of the aforementioned regulators. Additionally, the FCA has added GasTrade Company for offering financial services or products without their authorization.In essence, GasTrade Company 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.
  • 2023-10-22 The UK FCA updates its warning against GasTrade Company

    As GasTrade Company continues its unlicensed activities and has created a new website address to solicit potential investors, the Financial Conduct Authority (FCA), in an effort to keep traders informed about this unauthorized firm, updated its warning by adding more details about the platform. Please be aware of the risks involved and stay away from it. https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany

    As GasTrade Company continues its unlicensed activities and has created a new website address to solicit potential investors, the Financial Conduct Authority (FCA), in an effort to keep traders informed about this unauthorized firm, updated its warning by adding more details about the platform. Please be aware of the risks involved and stay away from it. https://www.fca.org.uk/news/warnings/gastrade-company-gastradecompany
  • 2023-12-05 The FSMA adds Gastrade to its warning list

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Gastrade to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2

    On November 30, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Gastrade to its warning list as a fraudulent trading platform operating in the Belgian market. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-2

Related Complaints

Q&A

Someone told me it was hard to withdraw here, does that mean this broker is a scam?

lolatyou
Ireland
2023-07-10
ANSWER GasTrade Company is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.GasTrade Company claims to be multi-regulated, including the Australian Securities and Investment Commission (ASIC), the Dubai Financial Services Authority (DFSA), the Financial Services Conduct Authority (FSCA), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Belize Financial Services Commission (Belize FSC). However, our investigation reveals that it is not subject any of the aforementioned regulators. Additionally, the FCA has added GasTrade Company for offering financial services or products without their authorization. You can access the full warning here.Regarding your question, withdrawal issues are often a indicator of a scam broker. GasTrade Company is a scam, carrying significant risks such as financial losses and identity theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like GasTrade Company and instead choose a fully regulated one.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.