FS Trade Market (fstrade.market) Scam: Metal Plans and FCA Warning

The e-mail address on the contact page of FS Trade Market does not belong to the site's own domain but to a completely different domain called "Algocodes.site". This small detail links the platform to other sites run by the same team. The UK Financial Conduct Authority (FCA) added fstrade.market to its warning list on 2 October 2026.
🥇 Metal-Named Plans and High Entry Thresholds
- Silver: 150% ($5,000-15,000)
- Regular: 16% ($500-10,000)
- Gold: 40% ($15,000-25,000)
- Diamond: 2.5% ($25,000-150,000)
- VIP: 3.1% ($150,000-5,500,000)
The rates are the same as in the common CFD template, but the entry thresholds have been raised roughly tenfold; in other words, the site targets high-value rather than small investments. The profit shown has no real counterpart.
🕸️ The Algocodes.site E-mail and the Great Neck Address
- Contact e-mail on the site: [email protected] — the same address is also used on the website sterlingpointbrokerage.com.
- E-mail in the FCA record: [email protected] · phone: +1 702 706 4466
- Addresses reported to the FCA: 11 Grace Ave Ste 108, Great Neck, New York and 1 Canada Square, London.
- The Great Neck address and the same phone number also appear in the Beo Fx Prime Market entry, against which the FCA issued a warning on 28 September 2026.
- Live support runs on Smartsupp; the registration details of the domain could not be queried.
FS Trade Market is not authorised by the SPK; the SPK list of authorised institutions is open to the public. Online schemes of this kind constitute qualified fraud under Article 158/1-f of the Turkish Penal Code.
🔗 Other Platforms Using the Same Method
We have previously covered platforms working with the same template and plan logic:
- Stockbridge Bullrise Market stock and forex scamTR
- Pinnacle Capital Investment forex scamTR
- Veridex Markets forex and CFD scamTR
- Trading Space Worldwide forex scamTR
🧭 Criminal and Refund Process
- When the investigation is completed, the indictment processTR begins for the suspects.
- Measures of seizure and confiscationTR come into question on the accounts identified.
- A refund is claimed on the argument that the account relationship with the platform produces no legal effect because of the invalidity of the contractTR.
For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ Frequently Asked Questions
Are FS Trade Market and Sterling Point Brokerage connected?
Are the London and New York addresses the firm's real offices?
What does the USD 5,500,000 ceiling of the VIP plan show?
I invested with FS Trade Market. What should I do?
This page is an English adaptation of our Turkish article FS Trade Market (fstrade.market) Forex ve Yatırım Planı Dolandırıcılığı.
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