About CHASEFXTRADE
Company Overview
CHASEFXTRADE is a brokerage entity registered in the United Kingdom on 4 August 2022. The company lists its registered address as 3 Temasek Ave, Office 7 35-37 Ludgate Hill, London, EC4M 7JN.
According to official records, the broker's website (chasefxtrade.com) is no longer operational, and the firm maintains an Instagram presence as its only active social media channel. The business was founded less than three years ago and has not established a significant public footprint.
Regulatory Status
CHASEFXTRADE currently holds no regulatory licences from any financial authority. Our records indicate that the firm is not authorised by the Financial Conduct Authority (FCA) in the United Kingdom, nor by any other major regulator such as the Cyprus Securities and Exchange Commission (CySEC) or the Australian Securities and Investments Commission (ASIC).
The absence of regulation means that clients do not benefit from protections such as negative balance protection, compensation schemes, or dispute resolution mechanisms. This is a critical factor for traders considering the safety of their funds.
Trading Platforms and Instruments
With the official website now closed, no verifiable information exists regarding the trading platforms or instruments that CHASEFXTRADE may have offered. Typically, retail brokers provide access to forex, indices, commodities, and cryptocurrencies via platforms such as MetaTrader 4/5 or proprietary software.
However, in this case, the lack of a public web presence prevents any assessment of the broker's product range or trading environment. Traders are urged to exercise caution when dealing with entities that cannot provide transparent information about their offerings.
Account Types
No data is available on the types of accounts that CHASEFXTRADE may have offered. Standard industry practices include varying account tiers (e.g., standard, ECN, VIP) with different spreads, leverage, and minimum deposit requirements.
Without access to the broker's website or any marketing materials, it is impossible to confirm the account structure. This opacity adds to the risk profile of the entity.
Funding and Withdrawals
Details regarding deposit and withdrawal methods are not publicly available for CHASEFXTRADE. Most brokers accept bank transfers, credit/debit cards, and e-wallets, but the absence of an operational website means that traders cannot verify accepted payment channels.
Similarly, no information exists on withdrawal processing times, fees, or any potential restrictions. The lack of transparency in financial operations is a significant red flag.
Customer Support
The only known communication channel for CHASEFXTRADE is its Instagram profile. No phone numbers, email addresses, or live chat options are listed in public records.
A social-media-only support model is atypical for a regulated financial services provider and may indicate limited commitment to client service. Potential clients should be wary of brokers that do not provide direct and verifiable contact methods.
Risk Assessment
According to aggregated industry data, CHASEFXTRADE has a scam risk score of 43 out of 100, categorised as 'Guarded'. This score reflects the unregulated status, the short operating history, and the absence of a functioning website.
While no definitive evidence of fraudulent activity has been uncovered, the information available is insufficient to recommend the broker as a safe trading partner. Traders are strongly advised to consider only regulated brokers with a proven track record.
Overview compiled by FXCanary from regulatory records and public data. full CHASEFXTRADE review