S A M Trade Asia Pte. Ltd. (SMFX)

[AlexR1]

What is samtradecustodian?

From their webpage:
Samtrade Custodian has a robust governance and custodial framework to ensure your client monies are securely safeguarded to provide an assurance to your clients that funds received are placed with a custodian with proper framework and functions.

It would have been nice to know what they concider robust governance, if its where the company is located in St Vincent, then good luck..the governance is non existent.


Singapore has put samtrade on their alert list:
https://www.mas.gov.sg/investor-alert-list?page=1&q=Samtrade%20FX

Samtrade have given an impression of being licensed in Singapore, and that was not correct.