The case coordinates for Trade Union were fixed the moment an official warning list picked the operation up. Our review of the available trail supports that placement.
The warning on the record
Trade Union claims to be owned and operated by Incendiary Group LTD, a company registered in the Commonwealth of Dominica with registration number: 2021/IBC00031. First, we did not find any match results to the company name or the registration number in the Financial Services Unit of the Commonwealth of Dominica. Besides, Dominica does not have any regulatory bodies that issue licenses for forex trading or regulate entities engaging in forex trading. That means Trade Union is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Red flags on the map
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
If you have funds with Trade Union
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.