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Era Trade Fx

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

http://www.eratradefx.com/

Website

Rating Index

Contact

+1 332 600 5120
http://www.eratradefx.com/

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 583263) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 109/10) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Era Trade Fx · WikiFX Survey

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Era Trade Fx · Company Summary

Note: The official website of Era Trade Fx, http://www.eratradefx.com/, is presently not operational. Consequently, it is challenging to gather precise information about the broker from their own website. In this situation, we had to rely on available online sources to provide a general overview of Era Trade Fx and its operations. It is essential to acknowledge that the unavailability of the official website makes it difficult to obtain accurate and up-to-date information about the broker.

Era Trade Fx Review Summary
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation CYSEC, FCA (Suspicious clone)
Market Instruments N/A
Demo Account Unavailable
Minimum Deposit N/A
Customer Support Phone, +1 332 600 5120

What is Era Trade Fx?

It has been brought to our attention that Era Trade Fx lacks proper regulation, suggesting a lack of supervision from governmental or financial authorities. Furthermore, the inaccessibility of their official website raises concerns about the reliability of their trading platform. These factors contribute to a higher level of risk associated with investing with Era Trade Fx. Customers who wish to contact them can do so using the following contact information, telephone: +1 332 600 5120.

Era Trade Fx

In the upcoming article, we will thoroughly analyze and assess the broker's features from various angles, providing you with well-organized and comprehensive information. If you have any inquiries, we encourage you to read further. Towards the end of the article, we will provide a concise summary to help you quickly understand the broker's characteristics.

Pros & Cons

Pros Cons
  • N/A
  • Website is unavailable
  • CYSEC/FCA (Suspicious clone)
  • Limited communication channels

Pros:

N/A

Cons:

- The website of Trade Fx is currently unavailable, which raises concerns about their legitimacy and reliability.

- There are suspicions that Trade Fx may be using cloned licenses from CYSEC and FCA, indicating potential fraudulent activity.

Is Era Trade Fx Safe or Scam?

It is suspected that the United Kingdom FCA regulation (license number: 583263) and Cyprus CYSEC regulation (license number: 109/10) claimed by this broker may be fraudulent or cloned. It is crucial to be aware of the associated risks. Era Trade Fx lacks proper regulation, indicating a lack of oversight by governmental or financial authorities.

suspicious clone CYSEC license
suspicious clone FCA license

Furthermore, the inaccessibility of their official website impairsthe reliability of their trading platform. These factors contribute to a higher level of risk when considering investing with Era Trade Fx. Prior to making a decision, it is vital to conduct thorough research and carefully assess the potential risks in comparison to the potential rewards. It is generally advisable to choose brokers that are well-regulated to ensure the safety of your funds.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +1 332 600 5120

Conclusion

In conclusion, Era Trade Fx is a broker that lacks proper regulation, indicating a lack of oversight from governmental or financial authorities. The absence of a regulated status raises concerns about the reliability and trustworthiness of their trading platform. Traders should exercise caution and consider the higher level of risk associated with investing with Era Trade Fx.

Frequently Asked Questions (FAQs)

Q 1: Is Era Trade Fx regulated?
A 1: No. Era Trade Fx is not regulated.
Q 2: Does Era Trade Fx offer demo accounts?
A 2: No.
Q 3: Q: Is Era Trade Fx suitable for beginner traders?
A 3: No. It is not a wise choice for them.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Era Trade Fx

Abbreviation

Era Trade Fx

Regulatory Status

Suspicious Clone

Platform registered country and region

United Kingdom

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +1 332 600 5120

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Company Summary

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