Mintra Trade
Forex & CFD broker · Unregulated · Identified as a clone scam
TC RATING
Not Rated
We strongly advise against this broker. Mintra Trade is unregulated and has been identified by scam-monitoring services as a clone firm impersonating a legitimate UK company. Its website is offline and it uses boiler-room deposit tactics. It does not qualify for a TC Rating.
Mintra Trade is an unregulated offshore broker that independent scam-monitoring services have identified as a clone, impersonating a legitimate UK trading company to deceive investors. Its website is offline, and it uses the aggressive deposit tactics typical of boiler-room fraud. We strongly advise against it.
Is Mintra Trade regulated?
No. Mintra Trade (Mintra Trade Investment) is not regulated by any top-tier authority such as the FCA, SEC, ASIC, or CySEC. Independent broker-safety analysts confirm it is unregulated and advise avoiding it.
Worse than simply lacking a licence, Mintra Trade has been flagged as a clone firm. This means it disguises itself as a legitimate, regulated UK trading company, borrowing that firm’s good name and details to appear trustworthy while having no genuine connection to it. Clone scams are a well-known fraud tactic, and regulators such as the FCA warn about them specifically. If a firm is pretending to be someone it is not in order to take your money, nothing else about it can be trusted.
- YOUR MONEY IS NOT PROTECTED
Trading with an unregulated broker carries real risks. You have no access to a financial ombudsman, no guaranteed segregation of your funds, and no compensation scheme if the broker fails or refuses a withdrawal.
The red flags
- A confirmed clone. Scam-monitoring services describe Mintra Trade as an offshore, unregulated clone impersonating a legitimate UK company.
- No regulation. No top-tier licence, so no compensation scheme, no ombudsman, and no oversight of client funds.
- An offline website. Mintra Trade’s site is inaccessible, consistent with a short-lived scam operation that has since disappeared.
- Boiler-room tactics. Reports describe repeated high-pressure calls urging further deposits and requests for bank card details, the hallmarks of investment fraud.
What this means for your money
With a clone scam, the money you deposit is not being handed to the reputable firm you think you are dealing with. It goes to the scammers behind the clone, and because they are unregulated and often vanish quickly, recovery is extremely difficult. There is no compensation scheme and no regulator to escalate to. The safest action is simply not to engage.
Conclusion
Mintra Trade is not a broker worth considering. It is an unregulated offshore operation identified as a clone of a legitimate UK company, its website is down, and it shows the classic signs of boiler-room fraud. We strongly advise against Mintra Trade. If you want to trade, deal only with a broker you can verify directly on a top-tier regulator’s own register, and be especially careful that the firm contacting you is genuinely the regulated company it claims to be.
- LOOKING FOR A REGULATED BROKER?
This review is published for information only. If you want a regulated broker for this type of trading, see our regulated CFD brokers instead, where every broker there is checked against our regulation-first standard.
Frequently asked questions
Is Mintra Trade regulated?
No. It is not regulated by any top-tier authority, and it has been identified as an unregulated offshore clone firm impersonating a legitimate UK company.
Is Mintra Trade a scam?
Independent scam-monitoring services describe it as a confirmed clone scam. Combined with its lack of regulation, offline website, and high-pressure deposit tactics, we strongly advise avoiding it.
What is a clone firm?
A clone firm pretends to be a legitimate, regulated company, using that company’s name or details to appear trustworthy while having no real connection to it. It is a common investment-fraud tactic that regulators like the FCA warn about.
