Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
10/10 · CriticalNamed in a CySEC warning, holds no licence of its own, and impersonates a licensed firm. This is the worst case for this dimension.
Identity & transparency
9/10 · CriticalCopies the exact legal name of CySEC firm Harindale Ltd, discloses no entity of its own, gives an unsupported Luxembourg location, and the site is dark.
Withdrawals & conduct
5/10 · ModerateOne credible first-hand report of a deposit taken and a withdrawal that will not process. The footprint is thin because the site was short-lived and is now closed.
Reputation
7/10 · HighA CySEC warning, a first-hand withdrawal complaint, and general avoid-this coverage, against a very thin overall footprint.
Website claims
8/10 · CriticalHolding out as the CySEC-regulated Harindale is a false claim of authorisation. The live pages are offline, so scoring rests on the impersonation itself.
Operational history
8/10 · CriticalThe operation ran only from about February to August 2026 and is now defunct. The 2016 history belongs to the impersonated firm, not this website.
Who they are
A quick desk file on the company behind the brand.
- Brand: Harindale (harindale.trade)
- Legal entity: None of its own is disclosed. The name copies Harindale Ltd, a CySEC-licensed company that trades as M4Markets Europe.
- Registered: Not disclosed. Our record says Luxembourg, but Luxembourg's regulator, the CSSF, lists no firm named Harindale.
- Website: harindale.trade and client.harindale.trade, both now offline.
- Only licence: None. It trades on CySEC licence 301/16, which belongs to the genuine Harindale Ltd (M4Markets Europe), not to this website.
- Offers: Online investment and trading services, the activity CySEC flagged as unauthorised.
- Not accepted: Could not be established; the site is no longer online.
- Age claim: None we could verify. The domain first appeared in February 2026 and stopped resolving after August 2026.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
No licence claims on record.
Why we reached this verdict
How the evidence adds up.
Two independent, primary findings put this beyond doubt.
- A regulator named the exact website. CySEC's public warning of 8 April 2026 lists harindale.trade among websites that do not belong to any firm authorised to provide investment services in or from Cyprus.
- It wears a licensed firm's identity. The name Harindale belongs to Harindale Ltd, CySEC licence 301/16, whose only approved website is m4markets.eu. harindale.trade is a different operation and appears nowhere on CySEC's approved-domain list.
- The money story matches a withdrawal trap. The Trustpilot page for the domain carries a first-hand account of a deposit taken and a withdrawal that simply does not process, with support going quiet.
- The footprint fits a short-lived scam. The domain's certificates run only from February to August 2026, it was never archived, and it no longer resolves.
The genuine Harindale Ltd (M4Markets Europe) is the victim here, not the subject. Its CySEC licence protects clients of m4markets.eu, and none of that protection reaches harindale.trade.
Evidence ledger
Every finding, with its source and how strongly it points.
E1CySEC public warning dated 8 April 2026 lists harindale.trade as a website that does not belong to any entity authorised to provide investment services in or from Cyprus.
E2The name Harindale belongs to Harindale Ltd, CySEC licence 301/16, whose only approved website is m4markets.eu (trade name M4Markets, formerly ICC Intercertus Capital Ltd). harindale.trade is a different operation and is absent from CySEC approved-domains.
E3harindale.trade no longer resolves (NXDOMAIN); its TLS certificates run only from February to August 2026 and the Internet Archive never captured it, consistent with a short-lived operation.
E4The Trustpilot page for harindale.trade carries a first-hand account of a deposit taken and a withdrawal that will not process, with support unresponsive; the profile also notes the website has closed.
ModerateTrustpilot (per-domain page)E5Luxembourg regulator CSSF lists no supervised entity named Harindale, which contradicts the Luxembourg country held on record for this broker.
ModerateCSSF Luxembourg registerE6The Harindale / M4Markets name is targeted by a cluster of impersonating sites; CySEC separately warned on 14 August 2026 about m4-platform.com and m4-markets-latam.vercel.app, both borrowing the same brand.
E7Steelman check for an innocent explanation: whether harindale.trade is simply another domain of the licensed Harindale Ltd. It is not. CySEC lists only m4markets.eu for that firm and issued a warning specifically against harindale.trade.
The other side
The strongest case in this broker’s favour.
We tested the innocent explanations before settling on this verdict.
- Is harindale.trade just another domain of the regulated firm? No. CySEC lists only m4markets.eu for Harindale Ltd, and CySEC issued a warning specifically against harindale.trade. A regulator does not warn against its own licensed firm's website.
- Is this a name mix-up? No. CySEC named the exact domain, and the complaint and certificate records all point at harindale.trade, not at the genuine site.
- Could our records simply be stale? In part. The Luxembourg country on file is unsupported, and we have corrected that. But the core findings are current CySEC records, not old data.
Nothing we found points the other way for this website.
What would change this
What we would need to see to revise the verdict.
This verdict would soften only if the record changed in specific ways.
- CySEC removing harindale.trade from its warning and adding it to Harindale Ltd's approved-domain list.
- Clear proof that harindale.trade was operated by the licensed Harindale Ltd itself, under its CySEC permissions.
- A consistent pattern of users confirming that deposits and withdrawals were honoured. We found the opposite.
Absent those, the evidence points one way.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
CySEC public warning (8 April 2026) listing harindale.trade
The regulator's notice naming harindale.trade as unauthorised.
CySEC investor warnings
Browse CySEC's list of warned websites.
CySEC register: the genuine Harindale Ltd (M4Markets Europe), licence 301/16
The real firm; its only approved website is m4markets.eu.
CySEC approved-domains list
harindale.trade does not appear here.
CSSF Luxembourg register search
Returns no entity named Harindale.
Frequently asked questions
Quick answers about this broker’s safety.
Is Harindale a scam?
Yes, on the evidence we reviewed it shows the hallmarks of a scam. CySEC named harindale.trade in a public warning on 8 April 2026, the site copies the name of a licensed firm it is not, and a user reports a blocked withdrawal. We advise against using it.
Is Harindale a fraud?
We found no court ruling that uses that word. What we can show is concrete: CySEC warned that harindale.trade is not authorised, the site trades on another firm's licence, and a client reports a deposit taken and a withdrawal that will not process. On that basis we assess the risk of fraud as high.
Is Harindale regulated by CySEC?
No. The CySEC licence 301/16 tied to the name Harindale belongs to Harindale Ltd (M4Markets Europe), whose only approved website is m4markets.eu. CySEC has publicly warned that harindale.trade is not an authorised entity.
Is harindale.trade the same company as M4Markets?
No. M4Markets is the trading name of the licensed Harindale Ltd, which operates at m4markets.eu. harindale.trade is a separate, unauthorised website that borrows the Harindale name.
Can I get my money back from Harindale?
It may be difficult. Start with your bank or card provider about a chargeback, keep all records, and report the case to CySEC and your local authorities. Avoid anyone who asks for an upfront fee to recover funds.
Is my money safe with Harindale?
No. The site holds no licence of its own, is named in a CySEC warning, and is now offline. There is no investor-compensation scheme standing behind it.
Who owns Harindale and where is it based?
The operator is not disclosed. Our record listed Luxembourg, but Luxembourg's CSSF register shows no firm named Harindale, so that location is unsupported and the true operator could not be established.
How old is Harindale?
Very new and already gone. The harindale.trade domain first appeared in February 2026 and stopped resolving after August 2026. The 2016 history that belongs to the genuine Harindale Ltd is not this website's.
Is the harindale.trade website still online?
No. The domain no longer resolves, and Trustpilot notes the website has closed.
Why did CySEC warn about harindale.trade?
CySEC's notice of 8 April 2026 states the website does not belong to any entity authorised to provide investment services, listed alongside two other sites. It urges the public to check regulated firms on cysec.gov.cy first.
Is Harindale a clone?
Yes. It uses the exact name of the CySEC-licensed firm Harindale Ltd while operating from a different, unapproved domain. That is the classic clone pattern.
What should I check before depositing with any broker?
Confirm the exact website is on the regulator's approved-domain list, not just that a similarly named firm is licensed. Check the regulator's warning list. Be cautious with brokers that are only months old or that push you to deposit quickly.
Scan history
How this broker’s safety assessment has changed across scans.
What changed since September 9, 2026
- September 9, 2026CurrentConfirmed scam90% risk
- September 9, 2026Confirmed scam92% risk
Past scans are archived snapshots kept for transparency and are not indexed by search engines.
What we recommend
The practical takeaway from everything above.
Treat harindale.trade as a website to avoid.
- Do not deposit, and do not send documents or card details to it or to anyone contacting you in its name.
- If you already deposited, contact your bank or card provider about a chargeback, and file a report with CySEC and your local police or financial regulator.
- Be wary of anyone promising to recover your funds for an upfront fee. Recovery-fee offers are a common second scam.
- If you want the genuine M4Markets, reach it only through m4markets.eu. Do not use harindale.trade.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 9, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.