Secureprotradex is an online broker established on August 24, 2024. The website's footer indicates that it is owned and operated by Secureprotradex Pty Ltd. A Whois domain query reveals that this domain was initially registered on August 22, 2023, and was purchased by the current team as their official site on August 24, 2024.
Website and Platform Slogan
The broker's official website is secureprotradex.com, with the slogan "Trade global CFD markets. Forex, Indices & more." The platform claims to offer users trading services in the global Contract for Difference (CFD) markets, including forex, stocks, indices, precious metals, commodities, and cryptocurrencies.
Trading Software
The platform asserts that it uses MT4 and MT5 as its trading platforms. However, the TraderKnows team did not find any servers related to Secureprotradex Pty Ltd in the MetaTrader 4 and MetaTrader 5 server lists, casting doubt on the authenticity of its trading software service.
Regulatory Information
The company's profile on the official site indicates that its operating entity, Secureprotradex Pty Ltd, is authorized and regulated by the Mauritius Financial Services Commission (FSC) as a full-service dealer (excluding underwriting). However, after verification by the TraderKnows team, no record of Secureprotradex Pty Ltd was found in the Mauritius FSC's registry.
Additionally, the platform lists its headquarters at "1522 E Sherman Ave, Coeur d'Alene, Illinois, 83814, United States" and provides corporate registration number "2811810" and US license number "19034997."
- Upon inspection, the address is shown as being up for sale, with no signs of business activity.
- The platform does not clearly state the entity's name or the issuing authority of its license, making it impossible to verify this information's authenticity.
Such vague and unverifiable information heightens the possibility that the platform engages in false advertising.
Contact and Social Media
The only contact method provided by the platform is an email address ([email protected]). The platform does not maintain any mainstream social media accounts such as LinkedIn, Facebook, Instagram, or Twitter. This behavior is extremely rare in the brokerage industry, further undermining the brand’s credibility.
Agent Policy
The platform offers two types of agent policies:
White Label Program
The platform claims to offer customized solutions for financial institutions, including branded MT4 and MT5 platforms, risk management support, and marketing advice.
Referral Program
The referral program is entirely copied from the GO Markets website, with no differences in promotional content. This blatant plagiarism reveals a lack of independence and professionalism on the platform's part.
Educational Resources
The official site promotes its educational resources, including introductory forex courses, trading strategies, psychology articles, MetaTrader tutorials, and webinars. However, these contents have been confirmed to be plagiarized from the GO Markets website, further diminishing its credibility.
Deposit and Withdrawal
The platform claims to support deposits and withdrawals through Mastercard, Visa, Skrill, Neteller, Bank/Wire Transfer, and Fasapay. However, the actual feasibility of these payment methods has yet to be verified.
User Reviews
There are almost no user reviews related to this platform available online. This indicates that the platform has very few users or lacks user trust.
Company Personnel
Secureprotradex does not disclose any information about its staff or management team. In the financial services industry, this lack of transparency is exceptionally suspicious.
Website Traffic and Brand Exposure
According to Semrush, the official site's monthly average visits are less than 100, suggesting that the platform is almost unused. Additionally, no related news can be found about the brand in the public domain.
Account Types
The platform offers two account types: Plus+ account and Standard account. However, the account information is wholly copied from the GO Markets website, including spreads, leverage, and other account features, further exposing the platform's lack of originality.
Website Template
The official site uses a web design identical to several known scam platforms (like QZ Fx Mine, Optimal Trade Solution, etc.). This indicates it may be one of the fraud websites generated using templates.
Risk Report Summary
The platform presents the following risk factors:
- False Regulatory Claims: The platform claims to be regulated by the Mauritius FSC, but there is no registration record.
- False Address: The listed US address is up for sale, with no signs of actual operation.
- Plagiarized Content: The agent policy, educational resources, and account types are all copied from other broker websites, highlighting issues of independence and professionalism.
- No Social Media and User Reviews: There are no social media accounts and almost no user reviews, indicating dubious operational status.
- Low Website Traffic: The official site's monthly visits are less than 100, indicating that users almost do not trust or use the platform.
- Identical Website Template: Uses the same template as multiple known scam platforms, further strengthening its scam suspicion.
Conclusion: Secureprotradex is a newly established shell company, and all signs indicate a high risk of fraud. Investors should remain vigilant and steer clear of this platform to avoid financial losses.
