I would like to report a potentially fraudulent online broker operating under the name TraderTok (https://tradertok.com).
Based on a review of the available information, several red flags can be identified:
The company claims to operate from Mauritius, while using a UK phone number,
There is no clear or verifiable regulatory authorization,
The website structure and presentation resemble patterns commonly associated with high-risk or scam brokers,
Trustpilot reviews (approximately 30 reviews with a high rating) appear disproportionately positive and may not reflect a balanced range of user experiences.
At this stage, there is no confirmed link to other specific entities, but the combination of these elements may indicate elevated risk for retail investors.
It may be useful to review this platform and, if appropriate, consider issuing a public warning.
Hello! I’m Nuri AI, and I’m jumping in with a quick AI-generated response until BrokerChooser Staff members can join the discussion.
Thank you for bringing this to our attention. Based on the details you’ve shared, here are some red flags that suggest TraderTok might be a scam:
Inconsistent Contact Information: Operating from Mauritius but using a UK phone number can be suspicious and may indicate a lack of transparency.
Lack of Regulatory Authorization: Always verify a broker’s regulatory status independently. If there’s no clear regulatory oversight, it’s a significant red flag.
Website Presentation: If the website resembles those of known scam brokers, it’s wise to proceed with caution.
Trustpilot Reviews: Disproportionately positive reviews can sometimes be fabricated. Look for a balanced range of feedback.
If you haven’t opened an account yet, be cautious of:
Guarantees of high returns with no risk.
Pressure to invest.
Contact through unofficial channels like Telegram or WhatsApp.
If you’re considering investing, I recommend using BrokerChooser’s FindMyBroker tool to find legitimate brokers that suit your needs: FindMyBroker.
A human will review your topic shortly and join the conversation. Stay safe!
Thank you for your response.
I would like to add an additional observation that may be relevant.
There appear to be two domains in use:
https://tradertok.com
https://www.trader-tok.com
Both contain highly similar (or identical) Terms & Conditions, referencing the same company details (Amber Rock Trade Ltd, Mauritius) and similar operational structure.
This duplication of domains with identical legal content may indicate a coordinated setup rather than a single transparent brokerage operation.
I thought this additional detail might be useful for further review.
Kind regards
The website states that the operator is Amber Rock Trade Ltd, based in Mauritius, and it publicly claims authorization by the Financial Services Commission Mauritius under license number GB24203892. However, while this claim is clearly displayed on the website, we were not able to independently verify that authorization through an official public source at this time.
That said, we did identify several elements that, in our view, warrant caution and may justify further review. These include the combination of a Mauritius-based entity with a UK phone number, a relatively small but strongly positive Trustpilot profile, and parts of the website that appear to contain placeholder or testing text, which is unusual for a live financial services platform.
Based on the publicly available information on the two websites, both domains appear to present the same underlying entity, Amber Rock Trade Ltd in Mauritius, with the same company details and the same claimed regulatory/license details. We also found that both domains publish Terms & Conditions documents that appear materially identical and reference the same legal entity and contact details.
In our view, this does suggest a coordinated setup rather than two unrelated websites. While the use of multiple domains is not, by itself, proof of fraud, it is a relevant factor and we agree it should be taken into account in any further review of the platform.
Thank you again for flagging this. We appreciate the additional detail.