Sunday, November 24, 2024

UK Watchdog warns against CFD broker scam Tradebase24

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The UK Regulator FCA issued an investor warning against CFD broker scam Tradebase24 on October 1, 2020. The scam is allegedly operated by Tradebase Limited, Tradebase (Europe) Limited, and/or Tradbase Group Limited under the domain www.tradebase24.com. Currently, as a potential victim of the scam, you can only lose your money through Bitcoins (BTC). On Trustpilot, the scam still has an average 2.9-star rating. Never trust TrustPilot, right?

We could not find the mentioned companies and doubt that they even exist. Tradebase24 is a very sloppy scam designed for very naive victims. It does not even pretend to be a serious broker. Unfortunately, it is a fact that the internet and also social media are covered by a mass of “quick-and-dirty” scams. Unfortunately, many naive investors still fall for the promises of these scammers in search of quick profits.