Brief Look at TradeFW
Trade FW is a questionable broker that emerged on the market in 2018. Information about the company only surfaced online in 2021, raising suspicions. iTrade Global (CY) Private Ltd. Company is the legal name of Trade FW.
Trade FW positions itself as a regulated broker, citing CySEC (The Cyprus Securities and Exchange Commission) and MiFID, but no licenses are presented on the website.
In 2022, the broker changed its website (http://tradefw.site/) to two others (tradefw.ru and tradefw.com). The tradefw.site contains incorrect links and contradictory information. Additionally, the company provides no official documentation.
Traders have left numerous complaints about the inability to withdraw funds, being ignored by the company, and account blockages. Some clients were blocked after making their first deposit. Additionally, the email address and phone number listed on the site are not valid, making it impossible to contact the broker.
Due to the aforementioned reasons, Trade FW has been blacklisted.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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