Traderup Review

About Traderup

Traderup is not registered with any recognized financial regulator such as the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), CySEC, the US SEC or CFTC; searches in the FCA register yield no results for Traderup. ASIC has explicitly issued a warning classifying Traderup as an unauthorized broker. The Belgian Financial Services and Markets Authority (FSMA) added Traderup (https://www.traderup.com) to its warning list on November 30, 2023, identifying it as a fraudulent trading platform. The Austrian Financial Market Authority (FMA) also published an alert warning Austrian consumers that Traderup, claiming a London base, is not permitted to conduct regulated banking or trading services. ,

The broker claims to offer services across a range of asset classes including forex, CFDs, indices, commodities, spot metals, energies, and cryptocurrencies, with tiered account types such as Starter, Standard, Premium, and VIP, along with high-leverage trading and proprietary platform functionality. However, no details on minimum deposits, required leverage, fee structure, withdrawal terms, or platform specification (such as MT4/MT5 compatibility) are verifiable through official documentation. Multiple independent sources report that the minimum deposit is approximately USD 10,000. ,

Pros and cons

Cons

• Not regulated by any reputable financial authority; warnings issued by FSMA, FMA, and ASIC indicate fraudulent activity under the name traderup.com.
• Anonymous ownership and lack of corporate transparency—domain is privacy-protected; no verifiable legal entity or incorporation details available.
• High-risk indicators such as aggressive upselling, simulated account gains, and obstructed withdrawal processes are consistently reported across user accounts and review platforms.