Reported as a scam / unregulated
Why e tradefx is on the register
The broker, e tradefx, exhibits several characteristics commonly associated with fraudulent operations. Firstly, it employs a website template frequently used by scammers. This template includes rudimentary elements and information about its regulatory status, some of which are incorrect, such as being regulated in the US by GSE (this is not a financial regulator in the US). As per our investigation, all the regulatory information provided was baseless, and e tradefx is no exception. Secondly, there’s an odd inconsistency in its branding. The logo features the trading name “LIVETRADED”, which doesn’t align with “e tradefx”. This discrepancy is cause for concern. Thirdly, e tradefx asserts that it’s regulated in the UK and the US. However, there’s no evidence to suggest that it’s registered with either the Financial Conduct Authority (FCA) in the UK or the National Futures Association (NFA) in the US. As for those links labeled “certificate”, they are all dead. Lastly, it claims to have seven years of experience, but the registration date of its domain name, e-tradefxmarket.com, is as recent as October 2023. This contradiction serves as a red flag for potential scams. In conclusion, e tradefx is not regulated by any recognized authority. Entrusting this broker with investors’ funds carries a high risk, as there are no legal safeguards to protect the investments. Based on these findings, we firmly believe that e tradefx 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.