Should You Trust Euppo Trade? A Comprehensive Review of euppotrade.com

Today, in our Euppo Trade review, we will discuss a broker offering its services in several English-speaking countries. It claims to have been in business for many years and holds several licenses. However, a detailed investigation of this organization raises doubts about these claims. Let’s take a closer look at what attracted us to this project.

Is Euppo Trade a Trusted Platform?

Euppo Trade claims to operate under at least three licenses from reputable regulators:

1. UK FCA. The broker references a license issued to Euphoria Finance Limited. However, this broker is not listed in the FCA register as an authorized representative of the firm, and it only has a single trading name matching its own. Additionally, the license pertains only to debt collection, not brokerage services!
2. Australian ASIC. As expected, the name Euppo Trade PTY LTD is not found in the regulator’s register. The company the broker claims to be is Euphoria Investments PTY LTD, which is indeed listed under the specified ACN number. However, it lacks an AFSL license, meaning it cannot conduct brokerage activities!
3. Canadian FINTRAC. There is no mention of Eupporia Canada Limited in Canadian registries, despite the broker’s claims of being registered with FINTRAC. This indicates that the broker is operating illegally under this name.

Thus, Euppo Trade has shown considerable ingenuity by appropriating non-existent rights to provide brokerage services from three different, unrelated firms (note the differences in the company names). The conclusion is simple: the broker lacks both licenses and official registration, and all information on the License and Regulation page is fake, designed to mislead potential clients.

Concerned About Withdrawal?

Information on deposit methods and withdrawal options is missing. It is possible that transactions are made via bank cards and cryptocurrencies. It is unclear where the funds are stored, and no details are provided about the time it takes for money to be credited to the account. The site only lists the types of accounts available to traders.

How Long Does The Broker Work?

A Whois check revealed that the website euppotrade.com was created in April 2023. Despite this, the broker claims to have many years of experience and several awards. This discrepancy suggests that the scammers are trying to present wishful thinking as reality. Manipulating the company’s longevity is another indicator that it should be avoided to prevent financial loss. Attention! This review belongs to InvestExpertHub.

Other Signs of Fraud

❗Experienced traders might notice the high leverage levels, reaching 1:1000. None of the aforementioned regulators allow such leverage, which again indicates that the licenses are fake.

❗Additionally, there are almost no reviews online. Feedback is limited to a couple of sites, which is unusual for brokers supposedly operating for many years.

Euppo Trade Review Conclusions

Broker Euppo Trade is not recommended for cooperation due to its dubious reputation. There is a high likelihood that deposited funds will not be withdrawn. Therefore, it is advised to avoid working with this broker.

➕Attractive graphics.

➖The company’s operational history is not true.

➖High minimum deposit of $1,000.

➖Lack of necessary documents for brokerage activities.

FAQ

Brief Conditions