Trademorefx Review

About Trademorefx

Trademore FX Markets Limited, operating via domain tmorefx.com, has been added by the UK’s Financial Conduct Authority (FCA) to its Warning List, first published 6 January 2022 and updated 7 January 2022. The FCA confirmed that the firm is not authorised to provide financial services in the UK and may be targeting UK clients. As a result, clients would have no access to the Financial Ombudsman Service or protection under the Financial Services Compensation Scheme (FSCS). The firm lists its address as 71‑75 Shelton Street, Covent Garden, London WC2H 9JQ, phone number +44 7441 412006, and email support@tmorefx.com — all of which are included in the FCA notice.

Independent third‑party watchdogs note that Trademorefx operates without any licence from recognised top‑tier regulators. BrokerChooser, based on publicly available regulatory data, identifies the broker as unregulated by any first‑tier authority, placing client funds at high risk. No information has been provided on account types, minimum deposit levels, leverage, asset classes, trading platforms, commissions, or hedging/expert advisor (EA) policies.

Pros and cons

Pros

• Contact details including London address, telephone number, and email are publicly available

Cons

• No regulatory authorisation by FCA or any equivalent regulator
• Listed on FCA’s Warning List for operating without permission
• No investor protection, such as FSCS or Ombudsman scheme
• No verifiable information on trading conditions, instruments, platforms, account types, or financial safeguards