Trade99 is on the FCA's radar
Trade99 is the newest cloning company It has been added to the UK's Financial Conduct Authority's long warning list. The company has been recognized as an unauthorized provider of financial services.
According to the official warning The company does not hold the appropriate license from the Financial Supervisory Authority To provide financial services to British traders and operate outside the law.
We also read that British authorities suspect the company of knowingly participating in investment fraud. Merchants are warned not to contract services Trade99. Further, we urge readers to contract only with regulated and legitimate brokerage firms that adhere to the numerous rules set forth in the various regulatory bodies which include segregation of accounts and participation in a financial compensation scheme.
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