About TRUSTEDPROFITABLEFXTRADE
Company Overview
TrustedProfitableFxTrade is a forex brokerage registered in the United States, having been established on December 29, 2020. The firm operates under the domain trustedprofitablefxtrade.com. Despite its U.S. registration, the broker does not hold any known regulatory licenses from financial authorities, which is a significant consideration for potential traders.
Regulatory Status
Our records indicate that TrustedProfitableFxTrade is not regulated by any recognized financial regulator. In the United States, forex brokers are typically required to register with the Commodity Futures Trading Commission (CFTC) and become members of the National Futures Association (NFA). The absence of such registration means the broker operates outside the oversight of these bodies, exposing clients to heightened risks.
Trading Platforms and Instruments
Due to the lack of public information and independent reviews, details regarding the trading platforms, instruments, and account types offered by TrustedProfitableFxTrade are not available. Brokers without a regulatory footprint often provide limited transparency about their operations. Traders are advised to exercise extreme caution and verify any claims made by the broker independently.
Risk Assessment
TrustedProfitableFxTrade carries an FXCanary Scam Risk Score of 48 out of 100, placing it in the 'Guarded' risk category. This score reflects the absence of regulation, the short operational history (founded in 2020), and the lack of verifiable user feedback. The broker's name, which includes terms like 'trusted' and 'profitable,' may be a red flag commonly seen in fraudulent schemes.
Overview compiled by FXCanary from regulatory records and public data. full TRUSTEDPROFITABLEFXTRADE review