Warning: Is Cosmic Tradings Fx a Scam?
⚠️ Cosmic Tradings Fx has been reported by the Financial Conduct Authority (United Kingdom).
Our experts warn you to avoid Cosmic Tradings Fx (cosmictradingsfx.com). It lacks regulation from major authorities.
Investigation: Cosmic Tradings Fx (cosmictradingsfx.com)
Be wary of Cosmic Tradings Fx (cosmictradingsfx.com); it exhibits multiple signs of a scam.
We found that it is located at 11 Grace Avenue, STE 108, Great Neck, New York, UNITED STATES OF AMERICA, 11021, the phone number is 7027064466, and the support email is support@cosmictradingsfx.com.
Cosmic Tradings Fx presents itself as a investment firm, but it is currently illegal by any major commission, like the ASIC or CySEC.
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Regulatory Check: Cosmic Tradings Fx
The major sign is that Cosmic Tradings Fx (cosmictradingsfx.com) lacks regulation from a credible authority.
Investing with unlicensed firms is very dangerous. Trusted firms are always registered with bodies like the FCA, CySEC, or CFTC to ensure consumer safety.
Cosmic Tradings Fx operates without this supervision. As a result, there is no legal recourse if they withhold your funds. Most investment fraud use unlicensed entities, and getting back funds from them is difficult without expert assistance.
For example, in the UK, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not members of SIPC, so your capital is at risk.
How They Steal Money
Online trading fraud is evolving. Fraudsters use social engineering to take your savings. Below are typical tactics seen in brokers like Cosmic Tradings Fx (cosmictradingsfx.com).
The "Romance" Trap
"Pig Butchering" is a brutal method where scammers build trust over weeks. They build a romance on social media. Eventually, they introduce a secret investment. It's a trap to get you onto a fake platform .
Fake Trading Dashboards
Scammers build websites that look exactly like legit trading apps. They have charts and balances that increase. But it is a fake. The broker manipulates the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.
Red Flags
- Unsolicited Contact: You get calls from "brokers" you don't know.
- No License: The firm has no authorization.
- High Returns: They guarantee huge profits or risk-free trades.
- Withdrawal Issues: You cannot get your money out. They ask for "tax fees" first.
- Aggressive Sales: Agents pressure you to deposit more.
Ignore positive ratings. Scammers often write their own 5-star reviews to look legitimate.
Final Thoughts
We do not recommend Cosmic Tradings Fx. It appears to be a scam. Save your funds and find a licensed broker. Avoid cosmictradingsfx.com at all costs.
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