Broker Review

Unauthorised firm details

Name: Tradear.com

Website: www.tradear.com

Tradear.com is an online trading platform that offers forex, CFDs, stocks, indices, and cryptocurrencies. The company behind the site is reportedly Capitalia Group, registered in Vanuatu with licence number 17935. While the website presents itself as a modern broker, Vanuatu regulation is considered low-tier and provides minimal investor protection compared to more reputable authorities such as the FCA in the UK or ASIC in Australia.

The Chilean Financial Market Commission (CMF) has issued an official warning that Tradear.com is not authorized to provide financial services in Chile. There is also no evidence of oversight from recognized international regulators, which significantly increases the risks for investors.

User reviews and independent sources paint a concerning picture. On Trustpilot, Tradear.com has an average rating of 2.5 out of 5, with frequent complaints about blocked withdrawals, unresponsive customer support, and pressure to deposit additional funds. Verified reviews on major broker forums are sparse, making it difficult to fully evaluate the platform’s reliability. Other risk indicators include hidden ownership and unclear operational transparency.

Tradear.com claims to provide a mobile trading app and specialized account advisors, but multiple reports indicate inconsistent support and difficulty accessing funds. Investors should approach this platform with extreme caution. Before considering any deposit, it is critical to verify all claims directly with the appropriate regulators and to start with small amounts to test withdrawals. Keeping detailed records of communications and transactions is essential in case issues arise. Consulting with a financial professional or consumer protection agency is strongly advised.

Overall, while Tradear.com presents itself as a legitimate broker, the combination of a low-tier regulatory license, official warnings, and numerous user complaints makes it a high-risk platform. Investors should exercise caution or avoid it entirely.