Speed Trad Spreads, leverage, minimum deposit Revealed

　　Note:Speed Trad's official website:https://www.scb-cn.com is currently inaccessible normally.

Speed Trad Information

　　Founded in 2012 and registered under the United Kingdom, Speed Trad runs with a dubious clone of an FCA control. The broker deals on the MT4 platform. Their email addresses for customer support are infoser@erfx88.com or service@erfx88.com.

Is Speed Trad Legit or a Scam？

	Financial Conduct Authority(FCA)
Current Status	Suspicious Clone
Regulated by	FCA
License Type	Institution Forex License
License No.	497263
Licensed Institution	Velocity Trade International Limited

Downsides of Speed Trad

　　1.Suspicious Regulation: Speed Trad is written to be regulated by FCA. But this control is believed to be a clone.

　　2.Withdrawal Problems: Customer complaints about not being able to get their money back.It can be a fraud platform.

　　3.No Physical Office: When investigators visited Speed Trad's purported UK office, they discovered that it was empty with no one there.

Conclusion

　　Speed Trad was founded in 2012 and is registered in the UK. It is run by FCA clone control, which raises serious concerns about its legitimacy. Customers who can't get their money out and the lack of a real office make the risks higher. This company is not a good one to trade with. Users are told to use well-regulated, open brokers with clear information records to make sure their trades are safe and legal.