Escuela Trades is an online Forex broker established in the year 2009. It claims to offer several financial products for trading. The entity falsely claims that it supports the MT4 trading platform, instead works on an average web-based platform. The minimum deposit is substantially high $5000 to open an account and has unimpressive withdrawal conditions.
Is Escuela Trades A Licensed Broker?
Escuela Trades falsely claims to be registered in Hong Kong and regulated by SFC. Moreover, it also claims to be authorized by the Chinese Security Regulatory Commission (CRSC). In reality, both claims turn out to be false, and the entity has no legal validations to provide financial services.
Is It Safe To Invest With Escuela Trades?
Escuela Trades seems to be a fraudulent platform. It tries to fool investors using fake credentials. The official website is inaccessible for the time being. Hence, it is advisable to overlook such a platform while making investment decisions.
What To Do When Scammed By Escuela Traders?
Escuela Trades has received negative feedback from the investor. Hong Kong’s Securities and Futures Commission (SFC) has issued a public warning against the entity. Unfortunately, if you are among the victims of Escuela Trades fraud, reach out to us. We will help you in getting your funds recovered.