TradesFX is an offshore based Forex and CFD trading platform. It claims to offer a wide array of tradeable financial products. The entity supports the renowned MT4MT4 trading platform and has an initial minimum deposit of $250. The platform also provides access for an Islamic account opt for Sharia-compliant investors.
Is TradesFX Regulated?
TradesFX is an offshore registered trading platform operated by Investment 4 Futures limited, a company incorporated in St.Vincent and the Grenadines. The entity is regulated by the local financial authority. In general, the offshore regulators lack credibility in the market due to too much laxity in rules and regulations.
Should You Invest With TradesFX?
TradesFX has failed to win the confidence of the investors. There is no such provision for the protection of the client’s funds. Moreover, being an offshore registered entity, it lacks reliability. Investing in such an entity might lead to unfavourable outcomes, loss of capital.
What To Do When Scammed By TradesFX?
TradesFX has received mostly negative feedback from the traders. It has also received a warning from the Italian financial authority CONSOB for indulging in unethical activities. In case, if you feel being deceived by TradesFX, contact us. We will assist you in getting your funds recovered.