Trade Utopia Review: Uncovering the Truth Behind the Broker
According to Trade Utopia, it is an investing platform run by Utopia Financial Services Ltd., a UK-registered business. Its authenticity is seriously questioned, though. To ascertain whether Trade Utopia is a trustworthy platform or a possible scam, we will examine the specifics of this broker in this Trade Utopia review.
Known Websites: https://www.tradeutopia.net/
Domain Age:
- Name TRADEUTOPIA.NET
- Registry Domain ID 2728081613_DOMAIN_NET-VRSN
- Registered On 2022-09-27T05:21:56Z
- Expires On 2024-09-27T05:21:56Z
- Updated On 2024-12-10T12:00:46Z
Overview
Trade Utopia claims to be an investment platform associated with Utopia Financial Services Ltd., a company registered in the UK under the number 09983576. While a company with this name can be found in the Companies House (CH) register, this does not necessarily validate the platform’s trustworthiness. A closer examination reveals that Utopia Financial Services Ltd. is merely an Appointed Representative (AR), not an independent entity authorized to operate as a financial services provider. Furthermore, the contact details listed by the platform do not align with those registered, raising doubts about its authenticity.
Is Trade Utopia Legit or a Scam?
When searching the Financial Conduct Authority (FCA) register, it became evident that Utopia Financial Services Ltd. is not authorized to operate as an investment firm under the name Trade Utopia. This raises serious questions regarding the legitimacy of the platform. Trade Utopia has been added to the Commission Nacional del Mercado de Valores’ (CNMV) warning list for providing investment services without the required authorization, which raises even more questions. According to these results, Trade Utopia is likely deceiving investors and operating without the required governmental permissions.
Scams Report Reviewed Trade Utopia
Scams Report, a trusted platform for exposing fraudulent activities, has analyzed Trade Utopia and found reasons for concern. We specialize in identifying brokers that exhibit red flags commonly associated with scams, such as unclear regulation, questionable practices, or hidden policies.
Scams Report also supports victims of online scams like forex trading scams, cryptocurrency schemes, social media schemes, and internet dating scams, offering free consultation and guidance on fund recovery.
If you’ve faced challenges with Tradeutopia.net or any other broker, our experts are ready to help you take the first step toward reclaiming your funds.
COMPLAINT NOW AND GET FREE CONSULTATION HERE
Our Social Pages