GasTrade Company Review

About GasTrade Company

GasTrade Company operates via the domain gastrade.company and presents itself as a broker; however, it holds no valid financial regulatory permissions. The UK Financial Conduct Authority (FCA) issued a warning on June 30 2023 stating that GasTrade Company may be providing financial services or products without proper authorisation. The FCA updated this warning on October 22 2023 when the broker launched a new website to solicit clients under the same fraudulent status.

The Belgian Financial Services and Markets Authority (FSMA) added “Gastrade” to its warning list on November 30 2023, identifying it as a fraudulent trading platform operating in the Belgian market.

The Central Bank of Ireland issued a Warning Notice on August 21 2025, naming GasTrade (also identified as GasTrade Paysafe Limited) as an unauthorised investment firm. It is not authorised to provide investment services in Ireland. The notice highlights that GasTrade uses AI-generated deepfake videos, fake newspaper articles, and fabricated imagery involving high-profile individuals on social media to mislead the public.

Pros and cons

Pros

• None.

Cons

• Unauthorised to provide financial services in the UK, Belgium, and Ireland (FCA, FSMA, Central Bank of Ireland warnings).
• No valid regulatory licences from recognized authorities such as FCA, ASIC, CySEC, DFSA, FSCA, or Belize FSC.
• Engages in deceptive marketing using deepfake media and fabricated endorsements.
• High risk of financial loss due to absence of investor protection mechanisms (e.g., segregation of funds, compensation schemes).
• Domain anonymity and potential operational shutdowns (site reportedly became inaccessible in mid‑2025), indicating operational instability.