Dubai Financial Services Authority
Catalogue reference · Recorded date: 2026-05-04. Confirm the exact legal entity and current status with the authority.
Open authority reference ↗- Commercial name
- Fortrade (DIFC) Limited
- Other commercial names
- Fortradefx
- Recorded website
- https://fortradefx.ae/index
- Authority jurisdiction
- DIFC, Dubai
- Authority reference
- 314
- Authority record date
- 2026-04-29
- Categories
- 2
- Category details
- Registered/Licensed entity impersonators
- Recorded regulator claims
- Dubai Financial Services Authority
- Additional catalogue information
- The Dubai Financial Services Authority (DFSA) alerts the financial services community and the public to a scam in which a legitimate DFSA authorised firm, Fortrade (DIFC) Limited (the Firm), has been impersonated. The scammers, using the name ‘Fortradefx’, are purportedly offering the same financial services as the Firm, including trading in Contracts for difference and foreign exchange. The scammers appear to have impersonated the Firm by: using the name ‘Fortradefx’, which is deceptively similar to the name of the legitimate Firm; setting up a fraudulent website (https://fortradefx.ae/index) that misuses the Firm’s name and purported DIFC address; and using unofficial email addresses which ends with @fortradefx.ae (note: all legitimate email addresses of the Firm end with @fortrade.com). The DFSA confirms that: ‘Fortradefx’ is not incorporated or located in the DIFC, and is not, and has never been, authorised by the DFSA; and the fraudulent website does not belong to the Firm or any DFSA-regulated entity; and Fortrade (DIFC) Limited has no association with ‘Fortradefx’ or any other fraudulent investment schemes purporting to be connected to the Firm. Additionally, the DFSA advises that the perpetrators of this scam have never been authorised by the DFSA to provide financial services in or from the DIFC.
- Validation date
- 2026-05-04
- Modification date
- 2026-05-04