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Tradingfit

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Operating status: SCAM

Website: https://tradingfit.com/web/home.php

Broker violations and abnormal records
  • 2022-08-01 BrokersView has Reviewed that Tradingfit is an Unregulated Financial Service Provider

    Tradingfit claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

    Besides, Tradingfit shows its company address is in the United Kingdom. As per 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 Conduct Authority (FCA). However, we did not find any match results to Tradingfit in FCA. That means Tradingfit is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    Tradingfit claims to be a reliable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, Tradingfit shows its company address is in the United Kingdom. As per 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 Conduct Authority (FCA). However, we did not find any match results to Tradingfit in FCA. That means Tradingfit is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

1 comments

BeawareofDarkness
I was trading on that platform for 2 months. A friend of mine was trading there, too. We could withdraw small money. My friend could get all his money back which was less than 5k USD, but my account was locked. I hold/won 13 BTC on that account which is inaccessible. They said that I used external signals and by law I need a trading license. It is not easy to get such a license and it cost quite a lot of money. I would appreciate to contact me to get this problem solved.
2022-08-25
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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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