Reported Website: https://fxtrad.live/
FXTRADE claims the company was started in 2013. But when we searched its domain, we found it was created on 20th April 2022. So how could it start its business in 2013? It is a red flag here. Besides, FXTRADE claims to be a brand operated by Royal Forex Ltd, a Cypriot investment company regulated by CySEC. Commission (CySEC) under the License Number: 269/13. We indeed found a match result to Royal Forex Ltd in CySEC, but the license number of this company is 269/15 and the approved domains of this company are “www.royalforex.com; www.ROInvesting.com.” That means FXTRADE has no connection with Royal Forex Ltd since the former’s domain is not included in the approved domains. What’s more, the company “Royal Forex Ltd” now is under examination for voluntary renunciation of the authorization. That means even Royal Forex Ltd is no longer under valid regulation.
