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

Here we will examine whether FlexTrader is a safe or unreliable company in our opinion. Don't miss our full analysis for all the details!

Our website analysis was exhaustive, we reviewed every detail and evaluated the fundamental characteristics to consider when selecting a good broker, including location, company that owns it, regulation and reputation.

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

Basic Information

🌐 Websiteflextrader.co
🏠 Company*Mentions being part of Ice Goose LLC
RegulatoryMentions being regulated in – Does not mention being regulated
📧 EmailHe doesn't mention his email
📈 PlataformOwn platform
📌 AddressMentions being located at Main Street PO Box 625 Charlestwon, Nevis Island
🕑 Website ageWebsite registered on: 2023-06-09
Company typeTrading broker for stocks, ETFs, funds, bonds, options and futures, forex CFDs, shares, commodities and indices and cryptocurrencies

Company: ⚠️ FlexTrader is owned by Ice Goose LLC, when searching for this company we noticed that it does not exist.

Location: ⚠️FlexTrader mentions being located on Isla Nieves, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

After a detailed analysis, we have concluded that there are several characteristics of this company that cause us concern.

What is FlexTrader?

After having carried out an analysis of the company's website, we can say that FlexTrader is a: trading broker for stocks, ETFs, funds, bonds, options and futures, forex CFDs, shares, commodities and indices and cryptocurrencies.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Web page

Here we show you a screenshot of the FlexTrader website, which is flextrader.co. The capture was made in June 2024.

Contact: phone numbers and email

The company does not provide any means of contact; No email or phone number. What does this imply? That they do not offer forms of contact is very suspicious. If something goes wrong, you won't be able to contact them. It sounds quite alarming, Right?

FlexTrader Regulation

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

The situation that the broker presents to us is extremely alarming; It does not provide information on its regulation. What does this make us think? We are faced with a broker that operates without regulation. What does this imply? It implies that the broker's clients and their funds are completely unprotected. This means that if the broker has fraudulent intentions, you may not be able to get your money back. Please be very cautious when dealing with these types of companies. Think carefully before sending money, you are trusting a company without regulation or protection!

🚫 Final FlexTrader Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important features of FlexTrader and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location such as Nieves Island.

Regulation: The company does not offer details about its regulation, suggesting that it is not subject to any type of oversight, reflecting a notable lack of transparency and commitment.

Please remember that the company has been reported by different financial regulators (in this case the BaFin, Federal Superintendency of Financial Supervision). Use EXTREME CAUTION.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

FlexTrader is a broker that offers trading services in stocks, ETFs, funds, bonds, options and futures, as well as CFDs on forex, stocks, commodities and indices, and cryptocurrencies. The company mentions being located in Nevis Island, a place that is considered very unsafe for financial activities due to the lack of strict regulations and limited protection for investors.

The company does not provide details about its regulation, suggesting that it is not subject to any type of oversight. This reflects a notable lack of transparency and commitment, which is worrying for any potential investor. Furthermore, FlexTrader has been reported by several financial regulators, including the BaFin, Federal Superintendency of Financial Supervision. This complaint underscores the need to use extreme caution when dealing with this company. Equally worrying is that the company does not mention any means of contact, raising serious questions about how customers could get assistance in an emergency.

🚨🚨 To summarize: In light of the aforementioned aspects, we consider that this company is not very serious or safe. Caution is advised due to the many worrying signs identified. 🚨🚨

Updates

FlexTrader News:

Date Update – news
June 2024Complaint against FlexTrader financial regulator BaFin, Federal Superintendency of Financial Supervision

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

User Reviews

[democracy id = ”8921 ″]

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

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


How to Claim Money Scammed by FlexTrader

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 FlexTrader

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 FlexTrader?

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 FlexTrader?

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 FlexTrader reliable?

No. FlexTrader is not reliable, it is a very unsafe company: the company mentions being located in a very unsafe location such as Nevis Island. It does not provide details on its regulation, suggesting that it is not subject to any type of oversight, reflecting a notable lack of transparency and commitment. Furthermore, FlexTrader has been reported by different financial regulators, including BaFin, Federal Superintendency of Financial Supervision, which requires extreme caution. It should be noted that the company does not mention any means of contact, which raises serious questions about how customers could communicate in case of urgency. Please be very careful.

How to recover money from FlexTrader?

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 «FlexTrader: opinion and comments – Is it a scam?»

  1. Maria Jose Reply

    This company is a hoax. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello María José, thank you for writing about FlexTrader. 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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