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Trading Road

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Operating status: SCAM

Website: https://www.trading-road.com/

Broker violations and abnormal records
  • 2022-07-24 BrokersView has Reviewed that Trading Road is an Unregulated Forex Broker

    Trading Road claims to be a professional financial service provider while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always show their certificates and licenses in a prominent position. It is a red flag here.

    Besides, Trading Road shows its company address is in Istanbul, Turkey. However, we did not find any match results to Trading Road in the Turkey regulator Turkish Capital Markets Committee (CMB). That means Trading Road is actually not an approved broker in Turkey.

    What's more, by downloading its official MT4 trading platform, we found another company address of this broker in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. But there are no matching results to Trading Road in FCA's registry. The truth is that Trading Road is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Trading Road claims to be a professional financial service provider while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always show their certificates and licenses in a prominent position. It is a red flag here.Besides, Trading Road shows its company address is in Istanbul, Turkey. However, we did not find any match results to Trading Road in the Turkey regulator Turkish Capital Markets Committee (CMB). That means Trading Road is actually not an approved broker in Turkey.What's more, by downloading its official MT4 trading platform, we found another company address of this broker in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. But there are no matching results to Trading Road in FCA's registry. The truth is that Trading Road is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Help needed. Scam Trading Road

Ladvire
Canada
2024-12-16
ANSWER Dear Investor, We understand how distressing and frustrating this situation can be. Trading Road is indeed a scam, with no valid licensing details to prove its legitimacy. Its website is currently inaccessible, a negative sign that they may have absconded. We urge you to gather all evidence and report it to your local authorities. Meanwhile, we encourage you to file a complaint on our platform. Our dedicated team will review your case thoroughly and work diligently to help you find a possible solution. Lastly, beware of recovery room scams, where unsolicited messages claim they can get your money back for a fee. These are most likely fraudsters who take advantage of your urgency to swindle more money from you.
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2 comments

Faheem
Please help me
2024-12-10
Reply
Brokersview Official
Dear user, if you have problems with this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint
2024-12-10
Reply
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