High Risk
Reported as a scam / unregulated
SF-705029registry entry
Why Eurotrades is on the register
Eurotrades portrays itself as an experienced forex broker in the forex market. But actually it is not entitled to operate on any market. On 31 January 2022, the Italian CONSOB informed the general public that the broker is not entitled to carry out services in Italy that require a licence and is therefore neither permitted to trade on a commercial basis on its own account nor on behalf of others. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. You can check:
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.