Summary
Finco Trades is associated with cloned-website investment scams and regulatory alerts from both the MFSA and CONSOB, warning the public to avoid dealing with Finco Trades unless the firm has been verified for authorization.
If you have lost money to Finco Trades or a similar forex or crypto scam, TRU CLAIM offers professional fund recovery services to help victims reclaim their investments safely and legally.
About Finco Trades Trading Platform
- Website: https://finco-trades.org/ and https://fincotrades.ltd/lander
- Address: NA
- Regulatory Warning: The Malta Financial Services Authority (Malta) and Commissione Nazionale per le Società e la Borsa (Italy)
- Domain Blacklist Status: It seems there is no direct mention of this domain being on a blacklist.
Finco Trades – alert and overview
Finco Trades (via the website: https://fincotrades.ltd) has been identified as a fraudulent or cloned website that has capitalized on the details of a legitimate firm, Finco Trust Services Limited. According to the Malta Financial Services Authority (MFSA), fincotrades.ltd is not connected to Finco Trust Services Limited and is neither registered nor authorized as a Maltese company.
Key red flags and methods
- Website cloning is the practice of using the identity and content of an authentic, licensed business.
- False endorsements are impersonations of legitimate businesses or authorities that give the impression of assurance.
- Pressure tactics: making deposits seem urgent to “unlock profits.”
- Unlicensed: Finco Trades has been added to CONSOB‘s blacklist and is not listed as an unauthorized entity.
- Negative reviews include complaints from other users who have lost money and a low Trustpilot rating.
What you should do
Report dubious websites to the aforementioned consumer protection and regulatory organizations.
Verify registration: before sending money to any company, always check with your country’s financial regulators as directed.
Be cautious when it comes to guaranteed returns: use common sense when it comes to high-return guarantees.
Why You Should Avoid Unregulated Brokers
Trading with unregulated platforms like Finco Trades exposes you to significant risks. Without financial oversight, you have no protection if the company denies withdrawals or disappears.
Common issues reported by traders include:
- Denied or delayed withdrawals.
- Unexplained account losses after early gains.
- Unresponsive customer support.
- Hidden fees and sudden changes in terms.
If any of these issues are present, stop trading right away and get in touch with TRU CLAIM’s scam recovery specialists.
How to Respond If You’ve Fallen Victim to a Scam
Take immediate action if your money has been stolen by Finco Trades or any other unregulated broker.
Steps to follow:
- Stop all communication with the broker.
- Make sure to gather and organize all evidence, such as emails, chat messages, and transaction details.
- Report the broker to your country’s financial regulator.
- Contact TRU CLAIM, a professional funds recovery service, to trace and recover your lost funds.
Recovering money from forex or crypto scams can be complex, but professional help significantly improves your success rate.
User Reviews and Complaints About Finco Trades
Online reviews of XYZ are mostly negative.
Users frequently mention:
- Problems withdrawing funds.
- Lack of customer support.
- Misleading trading offers and bonuses.
- False advertising and withdrawal restrictions.
These patterns are consistent with common forex fraud and crypto scam activities, where platforms promise profits but block withdrawals after deposits are made.
Frequently Asked Questions (FAQ)
Q1. Is Finco Trades a legitimate trading platform?
No. Finco Trades displays multiple red flags, including a lack of regulation, false profit claims, and withdrawal complaints—all signs of a forex or crypto scam.
Q2. Can TRU CLAIM help me recover my lost funds?
Yes. TRU CLAIM specializes in forex and crypto scam recovery, assisting victims in reclaiming their funds safely.
Q3. How can I avoid forex scams in the future?
Always check the broker’s license with your national regulator. Avoid brokers offering unrealistic profit guarantees or requesting cryptocurrency payments.
Contact TRU CLAIM for Expert Scam Recovery Help
If you’ve been a victim of a forex scam or crypto fraud, TRU CLAIM is here to support you. Our professional funds recovery service helps clients recover lost investments through a transparent and structured process.
Our recovery process starts with a free consultation to examine your claim, gather relevant details, and explore the best recovery path. Then, our team traces transactions, works with banks or payment processors, and keeps you updated throughout the process.
Whether you need crypto recovery, want to recover a forex loss, or require expert scam help, TRU CLAIM provides trusted solutions to help you reclaim your funds with confidence.
Final Thoughts
Finco Trades displays multiple warning signs typical of unregulated forex brokers and crypto scams—lack of licensing, unclear ownership, and poor withdrawal history. If you have been affected, do not delay; prompt action can greatly increase your recovery chances.
TRU CLAIM’s experienced team provides trusted and transparent fund recovery solutions to help victims reclaim their lost funds effectively.
Contact us today for a free consultation and begin your journey to recover lost forex or crypto funds. Visit the TRU CLAIM official website to get professional help now.
Check the list of the latest scam brokers here.
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