High Risk
Reported as a scam / unregulated
SF-708401registry entry
Why CoMo Trade is on the register
According to its website, Co Mo Trade claims it is authorized and regulated by the Financial Services Authority of Kyrgyzstan under registration number 0011, however, the regulatory bureau does not supervise financial derivatives, so Co Mo Trade has no effective supervision. The truth is that Co Mo Trade is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. Therefore, Co Mo Trade 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.