Reported as a scam / unregulated
Why Focus Comtrade is on the register
Focus Comtrade claims to be owned and operated by Focus Group, a group of companies engaged in the businesses of Equities, Commodities, Forex, IT Software, Healthcare Verticals, and education. Focus Group consists of: 1) Focus Comtrade Pvt. Ltd, a member of Multi Commodities Exchange Ltd (MCX) and National Commodities & Derivatives Exchange of India Ltd(NCDEX) 2) Focus Shares & Securities Private Ltd, a Stock Broking firm with memberships of NSE, NSE F&O, BSE, NSE Currency Derivatives, and MCX – SX (Forex). However, none of the above-mentioned agencies can issue licenses for forex trading or regulate entities engaging in forex services. That means Focus Comtrade is not under valid regulation by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.