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/10

Era Trade Fx

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.eratradefx.com/

Website

Rating Index

Contact

+1 332 600 5120
http://www.eratradefx.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Era Trade Fx
Contact Number
+1 332 600 5120
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • eratradefx.com
    185.237.147.231
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Note: The official website of Era Trade Fx, http://www.eratradefx.com/, is presently not operational. Consequently, it is challenging to gather precise information about the broker from their own website. In this situation, we had to rely on available online sources to provide a general overview of Era Trade Fx and its operations. It is essential to acknowledge that the unavailability of the official website makes it difficult to obtain accurate and up-to-date information about the broker.

Era Trade Fx Review Summary
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation CYSEC, FCA (Suspicious clone)
Market Instruments N/A
Demo Account Unavailable
Minimum Deposit N/A
Customer Support Phone, +1 332 600 5120

What is Era Trade Fx?

It has been brought to our attention that Era Trade Fx lacks proper regulation, suggesting a lack of supervision from governmental or financial authorities. Furthermore, the inaccessibility of their official website raises concerns about the reliability of their trading platform. These factors contribute to a higher level of risk associated with investing with Era Trade Fx. Customers who wish to contact them can do so using the following contact information, telephone: +1 332 600 5120.

Era Trade Fx

In the upcoming article, we will thoroughly analyze and assess the broker's features from various angles, providing you with well-organized and comprehensive information. If you have any inquiries, we encourage you to read further. Towards the end of the article, we will provide a concise summary to help you quickly understand the broker's characteristics.

Pros & Cons

Pros Cons
  • N/A
  • Website is unavailable
  • CYSEC/FCA (Suspicious clone)
  • Limited communication channels

Pros:

N/A

Cons:

- The website of Trade Fx is currently unavailable, which raises concerns about their legitimacy and reliability.

- There are suspicions that Trade Fx may be using cloned licenses from CYSEC and FCA, indicating potential fraudulent activity.

Is Era Trade Fx Safe or Scam?

It is suspected that the United Kingdom FCA regulation (license number: 583263) and Cyprus CYSEC regulation (license number: 109/10) claimed by this broker may be fraudulent or cloned. It is crucial to be aware of the associated risks. Era Trade Fx lacks proper regulation, indicating a lack of oversight by governmental or financial authorities.

suspicious clone CYSEC license
suspicious clone FCA license

Furthermore, the inaccessibility of their official website impairsthe reliability of their trading platform. These factors contribute to a higher level of risk when considering investing with Era Trade Fx. Prior to making a decision, it is vital to conduct thorough research and carefully assess the potential risks in comparison to the potential rewards. It is generally advisable to choose brokers that are well-regulated to ensure the safety of your funds.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +1 332 600 5120

Conclusion

In conclusion, Era Trade Fx is a broker that lacks proper regulation, indicating a lack of oversight from governmental or financial authorities. The absence of a regulated status raises concerns about the reliability and trustworthiness of their trading platform. Traders should exercise caution and consider the higher level of risk associated with investing with Era Trade Fx.

Frequently Asked Questions (FAQs)

Q 1: Is Era Trade Fx regulated?
A 1: No. Era Trade Fx is not regulated.
Q 2: Does Era Trade Fx offer demo accounts?
A 2: No.
Q 3: Q: Is Era Trade Fx suitable for beginner traders?
A 3: No. It is not a wise choice for them.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of Era Trade Fx evaluated?

The fund security assessment for Era Trade Fx is markedly low, with a WikiFX core score of 1.52 out of 10, primarily due to its operational status. The entity operates without any confirmed, authoritative regulatory licenses, meaning client funds are not held in segregated accounts under the supervision of a credible financial watchdog. This structure presents an objective absence of the protective safeguards found with regulated brokers.

04-02
United States

Is Era Trade Fx regulated?

Era Trade Fx is not a regulated entity. While its marketing materials reference affiliations with bodies like the UK's FCA and Cyprus's CYSEC, WikiFX verification marks these licenses as 'Unverified'. This indicates a lack of credible oversight. The broker, which has been operating for 5-10 years from the United Kingdom, therefore lacks the financial supervision and investor compensation schemes associated with regulated firms.

04-02
United States

How can I contact Era Trade Fx?

Contact details for this broker are not currently publicly disclosed. Potential clients are advised that established, credible financial services providers typically maintain transparent and accessible contact channels, including official addresses, phone numbers, and email support. The absence of such information is a notable deviation from standard industry practice.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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