Trade Principal Review

Broker :Trade Principal
Address :Beachmont, Kingstown, Saint Vincent and The Grenadines
Phone :+442031296619
Email :
Website :

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Is Trade Principal a scam ?

Trade Principal is a broker that seems suspicious to us. We received many mail from people especially from Spain who have problems with this broker.

trade principal review

Who is the owner ?

Trade Principal LTD is the owner. It’s a company based in Saint Vincent and the Grenadines, a country with a bad reputation for trading. 3/4 of the fraudulent brokers come from Saint Vincent and the Grenadines.

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Regulated license or not ?

TradePrincipal doesn’t have a regulated license. He can’t offer his trading services in Europe but he still offers them targeting countries like Spain, Denmark and Italy. He received a warning from the CNMV (Comisión Nacional del Mercado de Valores) because he offers trading in Spain without authorization.

trade principal warning

Problem to withdraw money.

We have just received many complaints by mail, people who contacted us can’t withdraw their money from this broker. The amounts range from $250 to $8500.

Our conclusion.

With a warning issued by the CNMV, one of the most important financial authorities in Europe, Trade Principal is for us a scam that you must avoid, your money isn’t safe at this broker.

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Leave us a comment if you have an experience with this broker. We receive threats from many fraudulent brokers but nothing will stop us to help you.

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