The case coordinates for FLATTRADE 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
FLATTRADE claims to be an online brand of Fortune Capital Services P Ltd, a company that has authorization and memberships in several authorities, including: 1) The Securities and Exchange Board of India (SEBI); 2) The Multi Commodity Exchange of India Limited (MCX); 3) The National Stock Exchange of India Ltd (NSE). However, please be informed that none of the above authorities issues licenses for forex trading or regulates entities engaging in forex services. That means FLATTRADE is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Red flags on the map
- Aggressive outreach through social platforms and messaging apps
- 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
If you have funds with FLATTRADE
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
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.