CastilloTrade Review and Website Analysis

The company talks a lot about reliability, various guarantees, and trading advantages, yet somehow fails to present a license or even disclose its legal address. What is wrong with this broker? In this CastilloTrade review, we aim to find out. Before choosing a trading platform, it must be thoroughly checked for signs of a scam. That is exactly what we are about to do.

Brief Overview

• 🖥Official Website: https://castillotrade.net
• ✈️Contact Address: –
• 📞Customer Support: support@castillotrade.net, +442045785157
• 🔐Licensing and Accreditation: –
• ⏳Track Record: 2025
• 🧰Specialization: brokerage service
• 🤝Terms of Cooperation: 1:50
• 💰Additional Services: account manager

Castillotrade.net Examination

The official website looks weak: a sparse blue-and-white design, cartoonish images taken from the internet, and a complete lack of uniqueness. All visuals are standard crypto stock photos — bitcoins and charts. There are no real screenshots of the platform, the trader’s dashboard, or any photos of the CastilloTrade team.

Many crucial pieces of information that any legitimate broker should provide are simply missing. There’s no mention of licenses, no legal address, no details about the management team, no founding date, and no explanation of the company’s business model. Such secrecy is a clear red flag.

CastilloTrade uses marketing tricks to lure unsuspecting beginners. The homepage proudly displays the logos of Binance, Benzinga, and Digital Journal. However, there’s no official confirmation of partnerships on any of those companies’ websites. This is a blatant attempt to gain credibility by piggybacking on established brands. In the lower corner, there’s a Trustify360 rating labeled “Excellent”, supposedly showing that the broker is popular among traders.

This is a typical brokerage website that does not build trust — in fact, it does the opposite. The site is low-quality and entirely unhelpful. The company fails to clearly explain what kind of trading it actually offers — is it only crypto, or does it include all financial markets?

Company Contacts

In the “Contact Us” section of CastilloTrade’s website, three phone numbers are listed — for Canada, Switzerland, and the United Kingdom — along with a single email address. There are no other ways to get in touch. No online chat. No official social media pages like Telegram, Instagram, or even LinkedIn. No support through popular messengers.

We checked the provided contact details and here’s what we found: the email address does not exist. Yes, it’s fake, so there’s no point in trying to use it. The phone numbers are likely fake as well. And there is no legal address at all.

Key Conditions

There’s not much to say about trading conditions, because CastilloTrade simply didn’t provide them in full. On the homepage, the broker claims that commissions are competitive, but elsewhere it states there are no commissions at all. So, which is it? Either way, there are no specifics about the actual commission amounts or the size of spreads — key trading parameters.

The company says it offers leverage up to 1:50, but beyond that, nothing else is known. What’s the minimum deposit? The platform is described as a web trader, but we doubt it’s an advanced terminal. “First-class customer service, cutting-edge design and functionality, and fast trade executions” — these are just empty, cliche phrases. Such language is typically used by shady companies that cannot back up their promises.

There are no separate pricing plans. However, in the FAQ section under the question about leverage, it says: “depends on your trading methods and the status of account level”. This implies that there are different account types. There’s also no mention of a demo account. Additionally, CastilloTrade offers a personal manager service.

And finally, one more issue: it is unclear how to register an account. We wanted to test the platform firsthand. That might have provided some additional insight into trading conditions. However, there is no registration button — only a login button.

Exposing CastilloTrade

At this point, there is little doubt that this is a fraudulent company. Fake contact details, a low-quality website, and minimal information about trading conditions — all are clear signs of a suspicious and dangerous platform. However, we still need to verify its operational history, licenses, and other aspects to be certain of the broker’s fraudulent nature.

The operational history is not provided, which is not surprising. To determine how long the project has been active, we need to check the domain registration date. The domain castillotrade.net was registered on February 14, 2025 — just over two months ago. This is an extremely short lifespan.

You should not trust platforms that have launched recently. In such a short time, it is impossible to build the reputation of a reliable brokerage. This represents a huge risk, as the company may have been created for a short-term scam.

There is no legal address or license mentioned. This alone is a negative sign, but we managed to find a reference to the jurisdiction of the United Kingdom in CastilloTrade’s user agreement. Here is a quote: “The relationship between the Parties shall be governed by and interpreted in accordance with the laws of the United Kingdom”.

This raises an important question: “Where is the license from the Financial Conduct Authority?” After all, any UK-based broker is required to obtain authorization from the country’s main regulator. And the answer is that no such organization exists. We checked the Companies House register — this broker is not listed there.

What Reviews Do Users Leave?

There are no genuine reviews about CastilloTrade on the internet — fewer than 10 across various websites. Moreover, all available comments appear blatantly fake: generic phrases like “was able to withdraw profits weekly”, “managers know what they’re doing”, or “portfolio growth is stable”. The reviews are formulaic, written in the same style, and completely lack specific details about trading, issues, or actual experience. This is a classic tactic of fraudulent brokers: posting fake positive reviews to create an illusion of trust.

Conclusions

It has now become clear that this is an illegal broker engaged in fraudulent activities. There is absolutely no reason to consider working with such a company. Partnering with CastilloTrade is extremely dangerous, and the main risk is losing all the money you invest.

Pros/Cons

FAQ