Cointradex claims to be operated by Cointradex Ltd regulated by the Financial Conduct Authority (FCA). However, our search for this company in the FCA registry found no corresponding records. Therefore, what Cointradex claims about its regulatory status is a lie. This broker also claims to be a United States verified trading brokerage but we didn't find matching data in the National Futures Association (NFA) either.
In essence, Cointradex 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.
Cointradex claims to be operated by Cointradex Ltd regulated by the Financial Conduct Authority (FCA). However, our search for this company in the FCA registry found no corresponding records. Therefore, what Cointradex claims about its regulatory status is a lie. This broker also claims to be a United States verified trading brokerage but we didn't find matching data in the National Futures Association (NFA) either.In essence, Cointradex 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.