Expert Forex Trade (expertforextrade.com) is a fake broker and a blatant scam.
This site is impersonating the CySEC license of FXOpen EU Ltd, falsely claiming to be regulated under their license number 194/13. They also copied the FXOpen website design to appear legitimate, hoping people won’t notice the deception. Moreover, on April 25, 2025, the UK’s Financial Conduct Authority (FCA) issued an official warning against expertforextrade.com exposing it as a clone of an FCA-authorized firm, a clear pattern of impersonation.
Expert Forex Trade is purely a scam designed to steal deposits.
⚠️ It appears that customers have reported withdrawal issues with Expert Forex Trade, indicating potential liquidity or operational problems.
Expert Forex Trade is a broker offering various financial services.
It can be found at: expertforextrade.com
When choosing a broker, consider factors such as regulation, trading conditions, available markets, and customer support. A reputable broker should be transparent about its fees and services.
The first thing you should check before investing online is whether the company is regulated by a top-tier regulator. Regulation helps protect investors and ensures a level of oversight and accountability.
If you are a victim of an online scam, fill the form below to get contacted by cyber security experts. Take action now and get help.
Expert Forex Trade is not licensed by any top-tier regulator. Investing with companies not authorized by your local regulator is risky. In case of a dispute, you may not be able to seek assistance or legal recourse from your local authorities, leaving you with limited options.
Expert Forex Trade has received alerts from 1 top-tier regulator, FCA (United Kingdom), indicating compliance issues or ongoing disputes.
The lack of transparency is also concerning as we were not able to find the email address of Expert Forex Trade.
The best way to protect your investments is to avoid dealing with unregulated companies. For your safety, we recommend engaging with firms that are licensed by top tier regulators such as the Financial Conduct Authority.
When dealing with an unregulated or offshore-regulated company, you should be aware of the associated risks.
It is important to recognize the major red flags of a fraudulent investment company such as:
If you are a victim of such practices, it is crucial to immediately stop depositing any more funds and report the situation to your local authorities.
Domain | expertforextrade.com |
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Created Date | 2024-07-18 20:14:52 UTC |
Updated Date | 2024-11-30 02:57:14 UTC |
Expires Date | 2025-07-18 20:14:52 UTC |
Estimated Age (days) | 283 |
Registrant Organization | N/A |
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Registrant Country | UNITED STATES |
Registrar Name | COSMOTOWN, INC. |
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Registrar IANA ID | 1509 |
Registrar WHOIS Server | whois.cosmotown.com |
Registrar Email | privacy@cosmotown.com |
Name Servers | ns2.cloudservercentre.com, ns1.cloudservercentre.com |
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Registry WHOIS Server | whois.cosmotown.com |
Verify whether expertforextrade.com has been flagged by popular antivirus and online security tools.
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Undetected |
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Undetected |
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Undetected |
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