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TradeCryptoMasters

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Operating status: SCAM

Website: https://www.trcrmasters.com/

Broker violations and abnormal records
  • 2024-11-05 The FCA issues a warning against TradeCryptoMasters

    On November 6, 2024, the Financial Conduct Authority (FCA) issued a warning against TradeCryptoMasters, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/tradecryptomasters

    On November 6, 2024, the Financial Conduct Authority (FCA) issued a warning against TradeCryptoMasters, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/tradecryptomasters
  • 2024-11-07 BrokersView has reviewed that TradeCryptoMasters is an unregulated broker

    TradeCryptoMasters has two domains, but one is now disabled. In the site footer, the broker claims to be operated by UIT Solution LTD, a company allegedly registered in the Marshall Islands. This situation is intriguing, as TradeCryptoMasters is not the first broker to claim to be run by this company, with some of them being fraudulent and flagged by financial regulators. Additionally, the Marshall Islands company registration alone cannot be considered a valid license for legitimacy. Without providing any additional valid licenses, TradeCryptoMasters is considered illegal. The Financial Conduct Authority (FCA) has issued a warning about TradeCryptoMasters for lacking the required authorization and advises investors to stay away from it.

    In essence, TradeCryptoMasters is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    TradeCryptoMasters appears to be a scam.

    TradeCryptoMasters has two domains, but one is now disabled. In the site footer, the broker claims to be operated by UIT Solution LTD, a company allegedly registered in the Marshall Islands. This situation is intriguing, as TradeCryptoMasters is not the first broker to claim to be run by this company, with some of them being fraudulent and flagged by financial regulators. Additionally, the Marshall Islands company registration alone cannot be considered a valid license for legitimacy. Without providing any additional valid licenses, TradeCryptoMasters is considered illegal. The Financial Conduct Authority (FCA) has issued a warning about TradeCryptoMasters for lacking the required authorization and advises investors to stay away from it.In essence, TradeCryptoMasters is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.TradeCryptoMasters appears to be a scam.

Related Complaints

Q&A

TradeCryptoMasters scammed me.

Henry Pitre
Canada
2024-11-12
ANSWER Dear Investor,We understand the distress and frustration this scam has caused you. We urge you to gather all evidence and report TradeCryptoMasters to your local authorities. In your country, you might reach out to the Investment Industry Regulatory Organization of Canada (IIROC). We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.TradeCryptoMasters is believed to be a scam, providing suspicious company information and having been warned by the Financial Conduct Authority (FCA) for lacking the required authorization. If they demand extra money, promising to free your withdrawals, do not trust them. These tactics are used to defraud more money from you.Lastly, stay vigilant about recovery room scams, where unsolicited messages claim they can recover your funds but, in reality, intend to revictimize you.
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