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ETHTRADE -

Score

1.46 /10
Danger

ETHTRADE

Hong Kong

2-5 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://ethtrad.com/website/default.aspx

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.61

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2026-05-14
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

ETHTRADE · Company summary
ETHTRADE Review Summary
Founded2024
Registered Country/Region/
RegulationNo regulation
Market Instruments Cryptos
Demo Account/
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportOnline chat

ETHTRADE Information

ETHTRADE offers simplified access to Ethereum 2.0 staking through pooled participation with a low entry threshold.

However, its minimalistic and non-transparent website lacks essential information about the company's background, operations, and trading conditions, which should raise investors' vigilance and great attention to avoid scam and fraud.

More importantly, the platform operates without regulatory oversight, significantly increasing the risks to client fund security and overall trustworthiness.

ETHTRADE's homepage

Pros and Cons

Pros Cons
Live chat supportNo regulation
Limited transparency on its background and trading conditions
Simplistic website
Limited trading products

Is ETHTRADE Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. ETHTRADE is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose ETHTRADE with caution.

No license

What Can I Trade on ETHTRADE?

Trading InstrumentsSupported
Cryptos✔
Forex❌
Commodities❌
Indices❌
Stocks❌
Bonds❌
Options❌
ETFs❌

Services

ETHTRADE provides a pooled ETH2.0 staking service with no 32 ETH minimum, allowing users to stake from 0.05 ETH or USDT.

It claims to offer quick unstaking for instant asset retrieval, hourly reward settlement, and distributes rewards after two hours, minus a 10% service fee.

Withdrawals are processed every 48 hours with set limits. ETHTRADE covers penalties from validator issues and offers referral rewards.

User Reviews

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User comment

2

Comments

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FX1405625018
more than one year
Don't trust ETHTRADE. You can deposit but can never withdraw your money. It is a total scam. I have lost a big amount in this company! I hope these scammers go to jail! They are feeding their families with the money they stole from innocent people’s hard-earned money! Do not involve yourself with them!!!
Don't trust ETHTRADE. You can deposit but can never withdraw your money. It is a total scam. I have lost a big amount in this company! I hope these scammers go to jail! They are feeding their families with the money they stole from innocent people’s hard-earned money! Do not involve yourself with them!!!
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2023-03-21 18:15
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L21748
more than one year
DON’T COME HERE GUYS, A TOTAL SCAMMER. I WAS ALMOST DERRAUNDED BY THIS ETHTRADE. LUCKILY, ITS WEBSITE WAS CLOSED, AND I WISH NO MORE VICTIMS.
DON’T COME HERE GUYS, A TOTAL SCAMMER. I WAS ALMOST DERRAUNDED BY THIS ETHTRADE. LUCKILY, ITS WEBSITE WAS CLOSED, AND I WISH NO MORE VICTIMS.
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2023-02-15 09:24
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