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Ferri Trade

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Operating status: SCAM

Website: https://ferritrade.com/

Broker violations and abnormal records
  • 2023-06-25 BrokersView has Reviewed that Ferri Trade is an Unregulated Broker

    There is no any regulatory information on its website. The truth is that Ferri Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. The truth is that Ferri Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Does Ferri Trade accept e-wallets to deposit?

Vitor Oliveira
El Salvador
2023-06-28
ANSWER Ferri Trade is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.Ferri Trade fails to disclose its regulatory information and licensing data, which can be interpreted as a scam indicator. In an attempt to appear real, Ferri Trade displays an address in Sweden. We searched for this broker in the register of Finansinspektionen (FI), Sweden's financial supervisory authority, but didn't find any matching records, casting doubts on Ferri Trade's reliability and authenticity.Regarding your question, we strongly suggest you avoid Ferri Trade because it is an unlicensed broker operating outside the regulatory framework. As there are no legal protections in place to safeguard investors' interests, users of this platform are exposed to significant risks such as financial losses and identity theft. Therefore, investors are encouraged to stay away from unlicensed brokers like Ferri Trade and choose a fully regulated one instead.
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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.

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