BrokersView
Search
Download
English
Sign In

Trade Union Trust

Save

Operating status: SCAM

Website: https://tradeuniontrust.com/

Broker violations and abnormal records
  • 2023-08-02 The UK FCA issues a warning against Trade Union Trust

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against Trade Union Trust, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/trade-union-trust

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against Trade Union Trust, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/trade-union-trust
  • 2023-08-03 BrokersView has reviewed that Trade Union Trust is an unregulated broker

    Trade Union Trust provides a number issued under the Digital Millennium Copyright Act (DMCA) to appear legitimate. However, the DMCA refers to copyright and cannot support a firm or individual's legitimacy in finance. Since Trade Union Trust provides an address in the UK, and thus it is required to seek authorization from the Financial Conduct Authority (FCA). However, the FCA has added it to its warning list as an unauthorized firm.

    In essence, Trade Union Trust 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.

    Trade Union Trust provides a number issued under the Digital Millennium Copyright Act (DMCA) to appear legitimate. However, the DMCA refers to copyright and cannot support a firm or individual's legitimacy in finance. Since Trade Union Trust provides an address in the UK, and thus it is required to seek authorization from the Financial Conduct Authority (FCA). However, the FCA has added it to its warning list as an unauthorized firm.In essence, Trade Union Trust 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.

Related Complaints

Q&A

How many should I pay to open an account in Trade Union Trust?

Hamd
Cape Verde
2023-08-31
ANSWER Due to its fraudulent nature, we strongly suggest you scrap the plan to open an account on Trade Union Trust.In an attempt to appear legitimate, Trade Union Trust provides a number issued under the Digital Millennium Copyright Act (DMCA). However, the DMCA refers to copyright and cannot support a firm or individual's legitimacy in finance. Trade Union Trust is allegedly domiciled in the UK, and thus it is required to seek authorization from the Financial Conduct Authority (FCA). However, there are no indications that it is registered with the FCA, the British financial watchdog has added it to its warning list as an unauthorized firm. The full warning can be accessed here.Therefore, BrokersView has concluded that Trade Union Trust is a scam. Investors dealing with the platform are exposed to significant risks, such as financial losses and identity theft, which could be financially and personally devastating. No legal protections in place are able to safeguard them. To mitigate such risks, it is critical to avoid such unregulated brokers as Trade Union Trust and instead choose a fully regulated one.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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.