Our investigation into FlareGain found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is FlareGain?
On the surface, FlareGain looks like an ordinary forex and crypto broker. Its public site is presented at https://flaregain.io/. But surface impressions are exactly what these operations rely on — the substance behind FlareGain is where the problems begin.
Is FlareGain regulated?
FlareGain provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Unrealistic profit claims and pressure to deposit more
- No verifiable licence from a recognised financial regulator
- Offshore or shell-company registration used to avoid oversight
- Account dashboards that show “gains” with no real market exposure
- No credible physical address or verifiable corporate record
Our analysis
On 30 Sept 2024, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that FlareGain was providing financial services or products without authorisation. You may visit: https://www.cnmv.es/portal/resultadobusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=2
Can you recover money lost to FlareGain?
If you have deposited with FlareGain, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by FlareGain?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.