Score
Speed Trad
United Kingdom|5-10 years| http://www.erfx88.com/EN/index.php
Website
Rating Index
Contact
Licenses
Licensed Institution：Velocity Trade International Limited
License No.：497263
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
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Website
erfx88.com
Server Location
United States
Website Domain Name
erfx88.com
Website
GRS-WHOIS.HICHINA.COM
Company
HICHINA ZHICHENG TECHNOLOGY LTD.
Domain Effective Date
2017-10-31
Server IP
192.186.53.117
Company Summary
Note:Speed Trad's official website:http://www.scb-cn.com is currently inaccessible normally.
| Aspect | Information |
| Company Name | Speed Trad |
| Registered Country/Area | United Kingdom |
| Founded Year | 2012 |
| Regulation | FCA(Suspicious Clone) |
| Trading Platform | MT4 |
| Customer Support | Email:infoser@erfx88.com,service@erfx88.com |
Speed Trad Information
Founded in 2012 and registered under the United Kingdom, Speed Trad runs with a dubious clone of an FCA control. The broker deals on the MT4 platform. Their email addresses for customer support are infoser@erfx88.com or service@erfx88.com.
Is Speed Trad Legit or a Scam？
 | Financial Conduct Authority(FCA) |
| Current Status | Suspicious Clone |
| Regulated by | FCA |
| License Type | Institution Forex License |
| License No. | 497263 |
| Licensed Institution | Velocity Trade International Limited |
Downsides of Speed Trad
1.Suspicious Regulation: Speed Trad is written to be regulated by FCA. But this control is believed to be a clone.
2.Withdrawal Problems: Customer complaints about not being able to get their money back.It can be a fraud platform.
3.No Physical Office: When investigators visited Speed Trad's purported UK office, they discovered that it was empty with no one there.
Conclusion
Speed Trad was founded in 2012 and is registered in the UK. It is run by FCA clone control, which raises serious concerns about its legitimacy. Customers who can't get their money out and the lack of a real office make the risks higher. This company is not a good one to trade with. Users are told to use well-regulated, open brokers with clear information records to make sure their trades are safe and legal.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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