Speed Trad Forex Broker

Note:Speed Trad's official website:http://www.scb-cn.com is currently inaccessible normally. AspectInformation Company NameSpeed Trad Registered Country/AreaUnited Kingdom Founded Year2012 RegulationFCA(Suspicious Clone) Trading PlatformMT4 Customer SupportEmail:infoser@erfx88.com,service@erfx88.comSpeed Trad Information Founded in 2012 and registered under the United Kingdom, Speed Trad runs with a dubious clone of an FCA control. The broker deals on the MT4 platform. Their email addresses for customer support are infoser@erfx88.com or service@erfx88.com.Is Speed Trad Legit or a Scam？ Financial Conduct Authority(FCA) Current StatusSuspicious Clone Regulated byFCA License TypeInstitution Forex License License No.497263 Licensed InstitutionVelocity Trade International LimitedDownsides of Speed Trad 1.Suspicious Regulation: Speed Trad is written to be regulated by FCA. But this control is believed to be a clone. 2.Withdrawal Problems: Customer complaints about not being able to get their money back.It can be a fraud platform. 3.No Physical Office: When investigators visited Speed Trad's purported UK office, they discovered that it was empty with no one there.Conclusion Speed Trad was founded in 2012 and is registered in the UK. It is run by FCA clone control, which raises serious concerns about its legitimacy. Customers who can't get their money out and the lack of a real office make the risks higher. This company is not a good one to trade with. Users are told to use well-regulated, open brokers with clear information records to make sure their trades are safe and legal.