Reported as a scam / unregulated
Why Trade Union is on the register
Trade Union claims to be owned and operated by Incendiary Group LTD, a company registered in the Commonwealth of Dominica with registration number: 2021/IBC00031. First, we did not find any match results to the company name or the registration number in the Financial Services Unit of the Commonwealth of Dominica. Besides, Dominica does not have any regulatory bodies that issue licenses for forex trading or regulate entities engaging in forex trading. That means Trade Union is not under valid regulation to do forex 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.