ClauseTrade is an unregulated forex broker that has been accused of running a scam. The broker has been in operation since 2018, but there is no evidence that it is registered with any financial authority. This means that ClauseTrade is not subject to any regulations, which makes it a very risky broker to trade with.
Is ClauseTrade a Licensed Broker?
When we tried to access their website, we see that their website is currently having some technical problems. This is the first fact. If they are legit and registered, then they should solve this problem and let the traders do their trade.Also, we did not find any regulation confirmation on the FCA, FNMA, FMA, etc. to show their legitimacy.
Why Should Not You Trust An Unlicensed Broker?
There are many reasons why you should not trust an unlicensed broker. Unlicensed brokers are not subject to any regulations, which means that they can do whatever they want with your money. They can also make false promises about their trading results and the services they offer. If you trade with an unlicensed broker, you are at risk of losing all of your money.
Can ClauseTrade Be Trusted?
No, ClauseTrade cannot be trusted. The broker is not registered with any financial authority and has been accused of running a scam. There is no evidence that ClauseTrade is a legitimate broker.
What Do Traders Think ClauseTrade?
Traders who have traded with ClauseTrade have had a very negative experience. The broker has been accused of making false promises about its trading results and the services it offers. Traders have also reported that ClauseTrade has refused to allow them to withdraw their money.
Scammed By ClauseTrade? – Talk To Our Experts
If you have been scammed by ClauseTrade, you are not alone. Contact us immediately to get a quick consultation. After analyzing your case, we will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
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