Reported as a scam / unregulated
Why DeusTrade is on the register
DeusTrad claims it is a reliable broker that provides forex trading services while presenting no details about its company information like company full name, physical office address. Most importantly, checking all the information showed on its website, we couldn’t find anything that refers to its regulation or credentials. And this is always the most distinctive characteristic of unlicensed brokers, as licensed brokers always present their credentials and licenses in a prominent position. Obviously, DeusTrad operates without any regulatory license, which means investors’ money in this broker is unsafe and cannot be protected by any laws. 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 to the right next step. 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.