MatrixTrade presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of MatrixTrade uncovered.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is MatrixTrade?
MatrixTrade markets itself as an online trading and investment service. Its public site is presented at http://www.matrixtrade.com/. 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 MatrixTrade regulated?
MatrixTrade 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
- Account dashboards that show “gains” with no real market exposure
- No verifiable licence from a recognised financial regulator
- Opaque or anonymous corporate ownership
- Offshore or shell-company registration used to avoid oversight
- Unrealistic profit claims and pressure to deposit more
Our analysis
MatrixTrade claims to be a trading name of Matrix Markets Limited, a company registered in the Companies House of the United Kingdom (CH) with the number 10175514. We indeed found a match result for this broker in CH. But CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA. The truth is, MatrixTrade is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
Can you recover money lost to MatrixTrade?
If you have deposited with MatrixTrade, 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 MatrixTrade?
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.