High Risk
Reported as a scam / unregulated
SF-707169registry entry
Why TradeGM is on the register
TradeGM is not a reliable broker even though it states offers that look good to be true. TradeGM claims to be owned and operated by eBrókerház Szolgáltató Zrt, which is authorized and regulated by the Central Bank of Hungary (MNB). However, we did not find any match results to TradeGM in MNB. The regulation info this broker claims is a false statement for unsuspecting traders. TradeGM is not overseen by any regulators. That means 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.