SENTFUNDS

Social Trade Network

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High Risk

Reported as a scam / unregulated

SF-9618registry entry

Why Social Trade Network is on the register

Social Trade Network (socialtraden.com) still sells a plan named TEST paying 156% per trade on $500 to $2,999, with principal return and instant withdrawal. It calls itself globally regulated and claims fund insurance up to $1,000,000, but names no regulator, insurer, company or address. Its layout, awards and testimonials match other flagged broker sites. The UK Financial Conduct Authority has warned about it. The domain was registered on 24 May 2026. Therefore, Social Trade Network is a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. 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.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.