✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company YouTrade ECSA is a safe company or an untrustworthy 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 YouTrade ECSA and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | youtrade-ecsa.com |
| 🏠 Company | Unmentioned |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Continental | Own platform |
| 📌 Address | Piazzetta S. Carlo 2, 6900 Lugano, Switzerland (false) |
| 🕑 Website age | Website registered on: November 16, 2023 |
| ❓ Company type | Forex, Stocks, Metals, Commodities and Indices Broker |
Company: YouTrade ECSA does not mention which company it belongs to.
Location: YouTrade ECSA 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 YouTrade ECSA?
After having carried out an analysis of the company's website, we can say that YouTrade ECSA is a Forex, Stocks, Metals, Commodities and Indices broker.
Account types
The platform does not offer different accounts to carry out operations.
Information on the web
Here we present a screenshot of the YouTrade ECSA website, which is YouTrade youtrade-ecsa.com. The capture was made in MARCH 2024.
Contact: phone numbers and email
– We have found the following phone number: +442045939736
– We have found the following email: [email protected]
YouTrade ECSA 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!
🚫 YouTrade ECSA Final Rating 🚫
After a thorough analysis of YouTrade ECSA, a broker that offers trading services in currencies, commodities, synthetic and stock indices, several critical concerns have been identified that potential investors should take into account.
First of all, it is alarming that YouTrade ECSA presents fake licenses to operate and provides a fake address in Switzerland. This lack of authenticity in licensing and location information raises serious questions about the reliability and legitimacy of the platform.
Although the website promises to provide tools and opportunities to trade worldwide with its powerful platform, it is crucial to note that YouTrade ECSA is not regulated by any financial authority. The absence of regulation means that investors lack the necessary protections and adequate supervision to safeguard their funds and interests.
Furthermore, the fact that YouTrade ECSA is a relatively new entity, combined with the company's lack of registration data, and the complaint by financial regulator FINMA, suggest a significant risk for investors.
In summary, based on the information available and the analysis of the worrying aspects of YouTrade ECSA, my recommendation is to avoid this platform completely. The presence of fake licenses, lack of regulation, lack of transparency and reporting by the financial regulator are clear danger signs that should not be ignored. It is crucial to protect your financial security by avoiding platforms with such risks.
Updates
YouTrade ECSA News:
| Date | Update – news |
|---|---|
| February 2024 | Complaint against YouTrade ECSA financial regulator FINMA |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with YouTrade ECSA.
At the end of the review you will find customer comments.
How to Claim Money Scammed by YouTrade ECSA
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 YouTrade ECSA
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 YouTrade ECSA?
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 YouTrade ECSA?
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 YouTrade ECSA trustworthy?
No, YouTrade ECSA is not reliable at all. With lack of registered location, false addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by FINMA, 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 recover money from YouTrade ECSA?
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.
I've heard good things about them, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hi Anni, thanks for writing about YouTrade ECSA. 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.