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Trade Room 24
On August 30, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Trade Room 24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/trade-room-24/.
On August 30, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Trade Room 24, stating that this broker is not supervised. You may visit: https://www.finma.ch/en/finma-public/warnungen/warning-list/trade-room-24/.Trade Room 24 claims to be an online CFD broker located in Switzerland, which offers a variety of products to online traders, including Forex, Cryptocurrencies and more instruments in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.
Upon investigation, we found that Trade Room 24 is not authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). And the FINMA issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation.
The truth is that Trade Room 24 is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.
Trade Room 24 is a scam.
Trade Room 24 claims to be an online CFD broker located in Switzerland, which offers a variety of products to online traders, including Forex, Cryptocurrencies and more instruments in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we found that Trade Room 24 is not authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). And the FINMA issued a warning against Trade Room 24, believing this company might be providing financial services or products without authorisation.The truth is that Trade Room 24 is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Trade Room 24 is a scam.
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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.
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.