Unauthorised Firm Details

Name: Mobatrade
Website: mobatrade.com

Mobatrade Review — Serious Red Flags, Proceed with Extreme Caution

Mobatrade markets itself as a broker offering trading in crypto, forex, CFDs and more. It advertises features like leveraged trading, multiple deposit options, and a global customer base. The site often references a London address, UK phone numbers, and claims to serve clients worldwide.

Despite this polished facade, many warning signs suggest Mobatrade is not trustworthy:

• Mobatrade is not regulated by any credible financial authority. This means client funds are exposed, and there is no oversight or guarantee of fairness.

• There are formal warnings from major regulators that the firm is operating without authorization — a strong indicator of potential fraud.

• Numerous user reviews and feedback report serious issues with withdrawals: either unfulfilled requests, prolonged delays, charges of extra fees, or absolute rejection of withdrawal requests.

• Trust and reputation metrics are very poor. Domain reputation services and broker analysis tools categorize Mobatrade as high risk or “scam.”

• The marketing often leans into aggressive tactics: promises of high returns, pressure to invest more, repeated outbound calls, changing terms after deposits.

• The UK’s regulator explicitly lists Mobatrade as unauthorized, meaning consumers in the UK have no regulatory recourse if things go wrong.

Bottom Line: Mobatrade presents multiple classic signs of a high-risk or fraudulent broker. With no valid regulation, documented refusal or delay of withdrawals, regulatory warnings, and a weak reputation, it is dangerous to deposit funds there. If you have already invested, act urgently to recover your money and document everything.