Company Information

Get to know FOREX-TREND

Founded in 2009, FOREX TREND LTD was a forex broker registered in New Zealand that gained significant popularity, especially in Russia and other CIS countries. The company's core offering was its PAMM account system, which allowed investors to allocate funds to supposedly successful traders and share in the profits. At its peak, it was one of the largest brokers in the region. However, in late 2014, the company abruptly stopped processing client withdrawals, leading to its collapse in 2015. Subsequent investigations and widespread public reports concluded that the company operated as a large-scale Ponzi scheme, resulting in the loss of millions of dollars for its investors.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

Software

No data available

Looks like this section is empty. Come back soon for updates!

Contact

Social

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

FOREX-TREND

Ukraine

Founded in

21 1月 2010 (16 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.