BrokersView
Search
Download
English
Sign In

Traders88

Save

Operating status: SCAM

Website: https://traders-88.com/

Broker violations and abnormal records
  • 2022-09-05 BrokersView has Reviewed that Traders88 is an Unregulated Forex Broker

    Traders88 claims to be a trading name of TARA HOLDINGS LIMITED, a company registered in the Companies House of the United Kingdom (CH) with registration number 12567960. We indeed find a match result to TARA HOLDINGS LIMITED in CH, but the registration status of this company is dissolved. Besides, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.

    As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to Traders88 or TARA HOLDINGS LIMITED in FCA. That means Traders88 is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Traders88 claims to be a trading name of TARA HOLDINGS LIMITED, a company registered in the Companies House of the United Kingdom (CH) with registration number 12567960. We indeed find a match result to TARA HOLDINGS LIMITED in CH, but the registration status of this company is dissolved. Besides, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to Traders88 or TARA HOLDINGS LIMITED in FCA. That means Traders88 is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • 2022-12-04 BrokersView has found that Traders88 is not working

    BrokersView found the domain "https://traders-88.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://traders-88.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Does anyone hear about Traders88? Can I trust it?

Xianwei
Jersey
2022-09-21
ANSWER Traders88 is not a licensed or regulated broker even though it states offers that look good to be true. Traders88 claims to be a trade name of TARA HOLDINGS LIMITED, a company registered in the Companies House of the United Kingdom (CH) with registration number 12567960. We indeed find a match result to TARA HOLDINGS LIMITED in CH, but the registration status of this company is dissolved. Besides, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to Traders88 or TARA HOLDINGS LIMITED in FCA.The truth is, Traders88 is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Traders88 and trade with licensed brokers.
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.