In recent years, the online trading industry has grown in popularity, making it an attractive target for scammers looking to take advantage of inexperienced traders. Clausetrade.com is one such platform that claims to offer an easy way to make money through trading various financial instruments. However, several complaints and warnings have been raised against the platform, leading to questions about its legitimacy. In this article, we will review Clausetrade.com to help traders make informed decisions before investing their hard-earned money.
Overview:
Broker Name | Clause Trade |
Website | https://clausetrade.com |
Regulation | Not Found |
License | Not Found |
Traders’ review | Negative |
Warnings | Multiple |
Is Clausetrade.com Regulated?
They claim they are running businesses in Canada, Australia, Estonia, and the USA. But none of the regulatory organizations of these countries authorized this broker.
Warnings from Financial Regulations:
Several financial regulators, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), have issued warnings against Clausetrade.com. The regulators have stated that Clausetrade.com is not authorized to provide trading services in their respective jurisdictions. This is a red flag and indicates that Clausetrade.com may be operating illegally, putting traders’ investments at risk.
Is Clausetrade.com Can Be Trusted?
Based on the lack of regulatory oversight and warnings from financial regulators, we cannot recommend Clausetrade.com as a trustworthy trading platform. Additionally, many traders have reported issues with withdrawals and poor customer support, indicating that the platform may not be operating in good faith.
What Kind of Currency Pair Do They Offer?
Clausetrade.com offers different crypto pairs.You can see this list of pairs on their website.
Customer Support:
Clause trade.com claims to offer 24/7 customer support through various channels, including live chat and email. However, many traders have reported poor customer support, with some saying that their queries went unanswered for days.
Trading Method (MT4/MT5/Any other method):
They have their own trading platform and terminal. You can see on their website a demo terminal.
What Do Traders Think About Clausetrade.com?
Many traders have reported issues with Clausetrade.com, including difficulties in withdrawing funds and poor customer support. Some traders have even reported losing their entire investments, indicating that the platform may be engaging in fraudulent activities. Therefore, based on the negative feedback from traders, we cannot recommend Clausetrade.com as a legitimate trading platform.
What To Do If You Get Scammed?
If you have been scammed by Clause trade.com or any other trading platform, you should immediately submit your case to us. Our expert will provide you with a free consultation and service recommendation to help you in recovering your fund.
If you face scammed and lost money to companies like XRPC, Znzk app, or Bitpie Exchange, please report it today by bellow form.
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Final Thoughts
Based on the lack of regulatory oversight, warnings from financial regulators, and negative feedback from traders, we cannot recommend Clausetrade.com as a legitimate trading platform. Traders should be cautious when investing their funds on this platform or any other platform that raises similar concerns. It is essential to do thorough research before investing in any trading platform and ensure that it is regulated by a reputable regulatory authority.
