High Risk
Reported as a scam / unregulated
SF-705913registry entry
Why Netac TradeFX is on the register
Nectac TradeFX has been blacklisted for fraud by the UK FCA for providing illegal financial services on 07/12/2021. According to the release, Nectac TradeFX is an unregulated broker, which is operating without authorization and is targeting people in the UK. Based on the information above, we can conclude Nectac TradeFX is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker. You may visit:
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.