Reported as a scam / unregulated
Why Trader Republic is on the register
Trader Republic (trader-republic.co / Trader Republic LLC.) claims to be an online trading platform headquartered in Switzerland together with offices in the UK and Canada, regulated by with SVG FSA, offering wide range of financial services, including Cryptocurrencies, Commodities, Forex, stocks, Indices and more instruments in global markets. Upon investigation, Trader Republic is not regulated by the Swiss Financial Market Supervisory Authority (FINMA), the United Kingdom Financial Conduct Authority (FCA), the Investment Industry Regulatory Organization of Canada (IIROC) and The Canadian Securities Administrators (CSA). We also didn’t find any results in the Financial Services Authority in St. Vincent and the Grenadines(SVG FSA), an offshore authority that doesn’t license forex trading brokerage activities. The truth is that Trader Republic is not regulated by any regulators. Letting it hold or control investors’money is unsafe, and the money can not be protected by any laws. Trader Republic 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.