tradect.com Broker Review

Warning Reason

www.tradect.com looks to be out of business and has ceased trading so be wary of any communication.

Tradect is a forex broker which offers MT4 and mobile top forex trading platform. It provides over 15 currency pairs, stocks, indices, commodities, cfds, gold and silver for personal investment and trading options. On 23 Sep 2014, they received a warning by the French FMA also from the Commission Nazionale per le Società e la Borsa (Consob) which states that the broker is not allowed to do business without having the licence.

Tradect Ltd (also known as Market City International), which operates via www.tradect.com. The company provides a contact address in Romania and offers Forex trading services to Italian investors. But as per the reports, Consob (Italian Companies and Exchange Commission) declared that the broker is not authorised to provide investment services and activities in Italy in accordance with any terms and, therefore, not even through the website www.tradect.com.

In addition, it was reported by the traders that the broker is not transparent and does not provide any support when it comes to withdrawing money. Now, the broker is no longer in business and their website is not accessible.

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