Actually, no consumer should fall for the scam broker TradeLTD (www.tradeltd.com) anymore. Since 2019, various regulators have issued investment warnings against the broker operated by the Estonian CurrencyBoard OÜ. Despite this, TradeLTD is still online and active. The broker’s MobileTrade app can still be downloaded from the Google Play Store despite the existing warnings. Deposits are still possible via credit card, bank transfer, and crypto. Stay far away!
Key data
| Trading names | TradeLTD MobileTrade |
| Domains | www.tradeltd.com www.trade-ltd.com www.tradeltd.io https://mobiletrade.me |
| Legal entity | CurrencyBoard OÜ |
| Jurisdiction | Estonia |
| Related individuals | Yevhenii Lobko |
| Warnings | FCA, CNMV, Consob, MAS, FMA NZ |
The scam narrative
CurrencyBoard OÜ, as the operator of TradeLTD, had a crypto services license in Estonia from November 2018 until March 2021. However, this license did not authorize TradeLTD to act as a Forex or CFD broker. Neither in Estonia nor in other regulatory regimes.
The license is gone and the Annual Reports for 2020 have not been filed yet. It looks like the company will vanish soon. The first warning we know of against TradeLTD was in November 2019 by the Spanish CNMV.
Stay far away from TradeLTD.
Share information
If you have any information about TradeLTD, its operators, and partners, please share it with us through our whistleblower system Whistle42.
