Reported as a scam / unregulated
Why Trade Exerts is on the register
Trade Exerts fails to provide licensing data, implying potential non-compliance with the relevant regulations. This is a red flag. While it claims to be domiciled in the US, there are no indications that it is registered with the National Futures Association (NFA). This means it is providing financial services out of the US without the required authorization. In essence, Trade Exerts is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. Trade Exerts appears to be 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.