Our investigation into TradeFXP 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 TradeFXP?
TradeFXP markets itself as an online trading and investment service. Its public site is presented at https://tradefxp.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 TradeFXP regulated?
We could find no evidence that TradeFXP 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
- Opaque or anonymous corporate ownership
- Offshore or shell-company registration used to avoid oversight
- Unrealistic profit claims and pressure to deposit more
- No verifiable licence from a recognised financial regulator
- Aggressive “account managers” coaching clients to deposit
Our analysis
TradeFXP is not a reliable broker for traders even though it states offers that look good to be true. TradeFXP claims it is a full subsidiary of NAFA markets, a company with an address in Dubai, United Arab Emirates. As per the relevant regional and national law. We did searching in the following regulatory bodies, including: 1) the Central Bank of the United Arab Emirates (CBUAE); 2) the Dubai Financial Services Authority (DFSA). However, we did not find any match results to TradeFXP in the above watchdog's registries. Besides, TradeFXP shows another company address in the United Kingdom, 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 regulator – FCA. However, there are no matching results to TradeFXP in FCA. That means TradeFXP is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Can you recover money lost to TradeFXP?
If you have deposited with TradeFXP, 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 TradeFXP?
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.