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

Encoretrade Limited Comments

In this section we will analyze the broker Encore Trade Limited (also called encoretrade.ltd), is a Forex, Cryptocurrency and CFD broker. Is Encoretrade Limited really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅

You may be wondering why we are reviewing Encoretrade Limited. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

✅ The broker mentions being part of: Encoretrade Limited.

✅ Regarding its location, The broker mentions being based in Australia, but there is no corroborating registration data, this information is false.

✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.

📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌

Now we go on to analyze account types offered by Encoretrade Limited, in this case, we did not find information that indicates the existence of different types of account.

  • La platform to operate that Encoretrade Limited offers is: not mentionedApparently they use their own platform.

We will now analyze the different resources and aids for traders that Encoretrade Limited provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

Encoretrade Limited Website
Encoretrade Limited Website

Encoretrade Limited provides the following aids or resources to traders or stakeholders: some live charts, FAQ section, really not much more than this.

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| Other information about Encore Trade Limited |

Some more information in case you want to contact the company, or see its website for yourself.

🌏 Website: encoretrade.ltd

📞 Telephone number: does not have.

📧 Email: [email protected] | [email protected]

>>> Assessment on Encore Trade Limited <<

Ending with this section, in our opinion Do we believe that the company Encore Trade Limited is trustworthy? Should you invest your money with the company?

After analyzing it, we recommend to exercise caution, since it is a completely illegitimate broker that is not actually registered or regulated by any authority, in addition, when looking for reviews about Encoretrade Limited we only find reviews that are negative and entertaining about this broker. We suggest using caution.

⛔ Attention ⛔ : in July 2021 CNMV added Encore Trade Limited to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to the CNMV's July 2021 ⚠️ warning

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

[democracy id = ”1102 ″]
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.

7 comments on «Encoretrade Limited: Rating and Comments»

  1. Esteban Reply

    The cnmv has made its complaint after all the scams it has committed, what will happen to our money?

    • Recommended Brokers Reply

      Hi ESTEBAN, thank you for commenting on ENCORETRADE LIMITED. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, due to fraud and not being regulated (https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=encoretrade).

      Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Recommended Brokers Reply

      Hi Esteban, thanks for commenting on Encoretrade Limited. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, due to fraud and not being regulated (https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=encoretrade).

      Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. Omar Garcia Betancourt Reply

    I was invited by telegram chat to invest but first I wanted to investigate on the internet and find out other opinions and know more about the platform and if it is real or a scam and when I see the comments, I better not invest in it and continue looking for another platform of investment

    • Recommended Brokers Reply

      Hi Omar, you're doing well, these from Ecoretrade are real pirates.

      Luck.

  3. Juan Antonio Reply

    They take advantage of people who do not know much about this subject to cheat and take money from them, my father has been cheated a lot of money and we have no idea how we can do to get it back

    • Recommended Brokers Reply

      Hi Juan, thank you for your information on Encoretrade Limited. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

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