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247 Trade Base

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Operating status: SCAM

Website: https://247trade-base.com

Broker violations and abnormal records
  • 2023-12-27 BrokersView has reviewed that 247 Trade Base is an Unregulated Forex Broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

    The truth is, 247 Trade Base is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. 

    Therefore, 247 Trade Base is a scam.

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).The truth is, 247 Trade Base is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, 247 Trade Base is a scam.

Related Complaints

Q&A

Will my deposit be in a segregated account? Is 247 Trade Base safe?

Iuliia Chang
Hungary
2024-01-08
ANSWER Please be informed that your funds will not be held in segregated accounts as 247 Trade Base is an unlicensed forex broker.This brokerage firm has not provided any information regarding its regulatory status, which raises concerns due to the lack of transparency. Despite the presence of a UK phone number listed as a customer hotline, suggesting a potential office in the UK, it is important to note that the firm is not registered with the Financial Conduct Authority (FCA).The non-compliance of 247 Trade Base indicates that it may not be a secure platform. Entrusting such a platform with your funds and personal information carries a high level of risk. For a safer trading experience, it is recommended to avoid unlicensed platforms like 247 Trade Base and instead opt for fully regulated ones.
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1 comments

Jun leavy
Giving money to this company will have no beneficial effects. Every single one of them is a thief and a con artist who has no idea what they are doing. They will continually issue an invoice because all they care about is making money from you
2024-04-23
1
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