Warning: Is Edgar Trades a Scam?

Edgar Trades (edgartrades.com) Review

Our experts strongly warn you to steer clear of Edgar Trades (edgartrades.com).

We found that the phone number is 19492139522, and the support email is info@edgartrades.com.

Edgar Trades claims to be a financial firm, but it is not authorized by any major authority, such as the FCA or SEC.

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Regulatory Check: Edgar Trades

The major issue is that Edgar Trades (edgartrades.com) is unauthorized from a credible authority.

Trading with unregulated entities is very unsafe. Trusted firms are always authorized with bodies like the FCA, CySEC, or CFTC to protect investors.

Edgar Trades operates without this protection. As a result, there is no safety net if they steal your money. Many investment fraud involve unlicensed actors, and recovering money from them is hard without professional assistance.

For example, in Europe, unlicensed firms are outside the jurisdiction of the compensation schemes. In the US, they are not part of SIPC, meaning your money is completely exposed.

Common Scam Tactics

Online trading fraud is evolving. Criminals use social engineering to steal wealth. Here are typical methods seen in sites similar to Edgar Trades (edgartrades.com).

Dating App Scams

"Pig Butchering" is a common method where scammers groom victims over weeks. They fake a friendship online. Eventually, they mention a special investment. It's a trap to get you onto a scam site like Edgar Trades.

The "Bonus" Trap

Scammers build websites that look exactly like real trading apps. They have charts and profits that go up. But it is a game. The scammer controls the prices to make you feel rich so you invest more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Cold Calling: They call you from "brokers" you don't know.
• Unregulated: The company lacks authorization.
• High Returns: They guarantee huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" push you to invest bigger amounts.

Do not trust fake reviews. Fraudulent brokers often write their own 5-star reviews to look legitimate.

Verdict

Our verdict is to block Edgar Trades. It is likely a fraud. Save your funds and find a licensed broker. Avoid edgartrades.com at all costs.