✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Candle Trade is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Candle Trade and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitecandletrade.win
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressUnknown
🕑 Website ageWebsite registered on: November 15, 2023
Company typeCryptocurrency Broker

Company: Candle Trade does not mention which company it belongs to.

Location: Candle Trade mentions being located in Switzerland, however this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Candle Trade?

After having carried out an analysis of the company's website, we can say that Candle Trade is a cryptocurrency broker.

Account types

The platform does not offer different accounts to carry out operations.

Information on the web

candle trade website 1

Here we show you a screenshot of the Candle Trade website, which is candletrade.win. The capture was made in MARCH 2024.

Contact: phone numbers and email

– We have found the following email: [email protected]

Candle Trade Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final Candle Trade Valuation 🚫

After a thorough evaluation of Candle Trade, a cryptocurrency broker that promises to be the latest solution in the trading sector, it is evident that there are several concerning aspects that investors should be aware of before considering any type of financial partnership.

Firstly, it is worrying that the actual physical location of Candle Trade is unknown, raising questions about the company's transparency and legitimacy. Furthermore, it has been confirmed that the website provides false information, including an inauthentic license to operate. This lack of transparency and the presence of misleading data are important warning signs that cannot be ignored.

Although Candle Trade presents an innovative proposal that allows users to minimize risks and avoid large losses when bidding on future candles, it is crucial to note that this broker is not regulated by any financial authority. The lack of regulation means that investors do not have the necessary protections or adequate oversight to ensure the safety of their funds and interests.

Furthermore, the fact that the Candle Trade website was registered in November 2023 and the lack of clear information about the company's registration raise questions about the stability and credibility of this platform.

It is especially alarming that Candle Trade has been reported by the regulator FCA, which has warned investors about the activities of this platform and confirmed that it is not authorized to operate. This regulatory action further highlights the risks associated with Candle Trade and emphasizes the importance of exercising extreme caution when considering any type of investment or transaction with this broker.

In conclusion, based on the information available and the analysis of the worrying aspects of Candle Trade, my recommendation is to avoid this platform completely. Lack of regulation, false data and regulatory warnings are clear danger signs that should not be ignored. The financial security of investors is essential, and in this case, prudence dictates staying away from Candle Trade.

Updates

Candle Trade News:

Date Update – news
February 2024Complaint against Candle Trade financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9330 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Candle Trade.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Candle Trade

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Candle Trade

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Candle Trade?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Candle Trade?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Candle Trade reliable?

No, Candle Trade is not reliable at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to get money back from Candle Trade?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Candle Trade: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Carlos Reply

    This company will not let you withdraw. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Carlos, thanks for writing about Candle Trade. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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