Reported as a scam / unregulated
Why IMTtrade is on the register
IMTtrade claims it is the brand created by Glastrox Trade Ltd, a company licensed Investment Firm regulated by the Marshall Islands Registry (IRI) under the Marshall Islands Business Corporation Act with authorization number 91438. When we searched in IRI, we indeed find a match result to Glastrox Trade Ltd in IRI. But as per the details shown on IRI, the registration status of this firm was annulled on 22 Mar 2021. Besides, IRI is not a regulatory body that issues licenses for forex trading or regulates entities engaging in forex services. The truth is that IMTtrade is not under valid regulation by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. 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 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.