Unauthorised Firm Details
Name: CastilloTrade
Website: castillotrade.net
CastilloTrade presents itself as a trading and investment platform offering forex, crypto, and CFD services. The site promotes high returns and easy access to profits, but closer checks reveal multiple warning signs suggesting it may be unsafe or fraudulent.
Key Red Flags
-
Unregulated: CastilloTrade is not registered or licensed with any known financial regulator.
-
Recent Domain: The domain was registered in early 2025, showing no long operational history or credibility.
-
Withdrawal Problems: Users report blocked withdrawals, unexpected “tax” or “fee” requests, and disappearing support after deposits.
-
False Credibility Claims: The platform uses vague company details and unauthenticated branding to appear legitimate.
-
Regulatory Alerts: Financial authorities have listed CastilloTrade as unregistered and unauthorized to provide trading services.
Bottom Line
CastilloTrade shows multiple characteristics common to fraudulent brokers — new domain, no regulation, fake credibility, and withdrawal issues. It is considered high-risk, and users should avoid depositing funds. If you already invested, document all communication and report the case to your financial authority immediately.
Submit your review | |
