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Does EUTRADERGO offer negative balance protection?
Gerald
Sierra Leone
2023-07-18
ANSWER Our investigation has revealed that EUTRADERGO is an unregulated broker and therefore we advise against trading with this platform, no matter how tempting deals it offers and what security measures it claims to provide.In an attempt to appear real, EUTRADERGO provides an address in the UK. If that assertion is real, EUTRADERGO, as required by UK law, needs to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, EUTRADERGO fails to comply with the law and the FCA has added the company to its warning list. You can read the warning here.In conclusion, EUTRADERGO is not a safe choice for investors as it is an unlicensed broker. It is a fraudulent trading platform posing a huge risk to investors' money and personal information because there are no rules in place to protect investors from fraud or theft. As such, investors are encouraged to stay away from unlicensed brokers like EUTRADERGO and instead choose a fully regulated one to mitigate such risks.
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