Reported as a scam / unregulated
Why CCFtrade is on the register
CCFtrade claims to be regulated by US Financial Crimes Enforcement Network (FinCEN) and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). We searched the FinCEN and FINTRAC, found a matching result. However, FinCEN and FINTRAC are not the regulator in charge of forex and CFD brokers. To operate as this type of broker in the United States/Canada, a company must be registered with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA), or be regulated by the Investment Industry Regulatory Organization of Canada (IIROC). CCFtrade is not listed among the members of the NFA and IIROC. The truth is that CCFtrade is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. CCFtrade 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.