Edutrading Review – Is Investing in edutrading.com Safe?
Edutrading (www.edutrading.com) promises educational services to enable users to learn about commodity trading, Forex, and the stock market. While the idea is good, we have some fundamental doubts about the platform’s validity. Through this Edutrading review, we reveal the pitfalls that users need to know before trusting this broker.
About Edutrading
Company Name – Adlegion Ltd
Website – https://edutrading.com/
Address – Makariou III, 73 Methonis Tower, Office 301A, 1070 Nicosia, Cyprus
Regulatory Warning – Makariou III, 73 Methonis Tower, Office 301A, 1070 Nicosia, Cyprus
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Is Edutrading Regulated?
No Valid License
The most problematic aspect of Edutrading is that it is not regulated. The site is run by Adlegion Ltd, which does not have an official financial license. This means:
- There is no regulatory body monitoring their practices
- Users have no legal protection
- Funds may be at risk if the company shuts down or acts dishonestly
Poor Transparency and Missing Details
A genuine broker usually gives complete contact information, such as phone numbers, emails, and a physical address. Edutrading gives none of these. The site is not even transparent in the most basic sense, which is a huge warning sign for prospective investors.
User Reviews and Reputation
Trustpilot Rating: 3.6 (Average)
Despite a moderate score, the majority of reviews are negative, highlighting:
- Poor customer service
- Withdrawal issues
- Unreliable educational content
Scam Detector Score: 64.5/100
Scam Detector has assigned Edutrading a medium-risk trust score. It has marked the website as “known” and “vetted,” but warns against high-risk financial content and low-trust signals.
What Edutrading Offers
The website sells online trading courses and declares that it is not an investment advisor. It states clearly that all content is meant for commercial and instructional objectives. This disclaimer, however, does not absolve the lack of accountability and user protections.
This Edutrading review uncovers several serious issues, such as no regulation, poor transparency, and bad user feedback. Although the platform promises to educate traders, it provides minimal trust or protection. For safe trading, investors are strongly advised to avoid unlicensed brokers and choose authorized platforms.
How Scams Report Can Assist Victims Get Their Funds Back
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- Free Consultation: We analyze your case and advise on the best recovery strategy.
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About Scams Report
Scams Report is a trusted fraud reporting and fund recovery assistance company dedicated to helping victims of financial scams. It provides expert guidance, chargeback support, and legal assistance to recover lost funds. Additionally, its blog educates users by exposing fraudulent brokers and investment scams, ensuring safer financial decisions for traders worldwide.
All newly invented fraudulent schemes to fool new traders are constantly monitored by us on the Internet. For over a decade, we have been collecting scam-related data, so we do believe in knowing every UNFAIR company operating in the market. Therefore, we have gathered the information regarding the scammers from the List of SCAM Brokers for you.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.