EuroTrade

Is EuroTrade a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.

Who is EuroTrade?

EuroTrade markets itself as an online trading and investment service. Its public site is presented at https://www.eurotrade.co. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is EuroTrade regulated?

We could find no evidence that EuroTrade holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Aggressive “account managers” coaching clients to deposit
• No verifiable licence from a recognised financial regulator
• Unrealistic profit claims and pressure to deposit more
• Account dashboards that show “gains” with no real market exposure
• Offshore or shell-company registration used to avoid oversight

Our analysis

On 7 March 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Eurotrade is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/portal/ResultadoBusqueda.aspx?nif=21106&tipo=1

Can you recover money lost to EuroTrade?

If you have deposited with EuroTrade, 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.