Is T4Trade a scam or a legit broker? Read this T4Trade Review to know more about the T4Trade scam
Website – https://www.t4trade.com/en/
Address – F20, 1st Floor, Eden Plaza, Eden Island, SEYCHELLES
Warned By – Financial Conduct Authority (United Kingdom)
Why T4Trade is a scam?
The website of T4Trade Broker, which provides information on bonuses, unregulated leverage, and other things that Tier 1 regulators forbid, is undoubtedly interesting and colorful.
At first sight, the website looks legit but the reality is not the same as they claim. Financial Conduct Authority (United Kingdom) is issued a warning against T4Trade.
According to the authority “We have not authorized this company, and it is primarily aimed at UK residents. If something goes wrong, it’s doubtful that you’ll get your money back because you won’t have access to the Financial Ombudsman Service or be covered by the Financial Services Compensation Scheme (FSCS).”
Tradeco Ltd is the owner of the Seychelles-registered trademark T4Trade. The Financial Securities Authority of Seychelles, which is in the Tier 3 zone, is responsible for T4Trade regulation. Do not believe the broker’s claims; a Tier3 licence is useless without Tier1 regulation.
Be careful that some businesses might divulge further information or update their contact information over time to new email addresses, phone numbers, or physical addresses. This is why we conducted a T4Trade review: we wanted to be sure that you would not be duped by this offshore company.
If you are scammed by T4Trade broker, you can file a complaint in the complaint form. You can also check the scam broker 2023 page to avoid scam brokers.
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