Tedex Review: Tedex.co A Deceitful Broker

Tedex is a multi-asset trading platform that aims to satisfy the needs of all traders. The company gives you access to 50 + currency pairs and 200+ instruments, among other assets.  Also, they brag about having the best technology for investment. Moreover, the niche faces massive competition. So you require proper investment strategies to attain please and results. The trading world is not child’s play. Without a proper approach, your investment experience will be awful.

 

Tedex promises, please don’t investment returns. However, it would help if you were cautious not to fall for the wrong flames and promises. The entity brags about being the best in the niche. Even so, news spreads fast thanks to the internet. Thus Tedex traffic ought to be massive.  Accordingly, as you read this impartial review on Tedex, you encounter multiple red flags. Therefore investing your hard-earned money is at your own risk.

Meanwhile, these forex trading platforms apply a tried-and-tested approach, and you can be sure to receive pleasant results. Tedex website does not include any relevant information regarding its style of operation. The company only estimates massive investment returns without a suitable approach. Scammers will often promise you improbable returns to attain even in well-established entities. 

Tedex.co Review

Tedex.co aims to provide trading services to all sorts of customers. The company has a section with data meant to be for educational purposes. However, you come across basic explanations of trading terms. You can find similar information across the internet for no extra cost.  investments without proper education and understanding of the niche are inadvisable. Moreover, no expert investor is likely to waste time or money on the entity. Beginners require webinars and valuable educational information to aid their understanding of the market.

Tedex does not have a relevant strategy to tackle the massive competition in the market. Also, the company aims to provide consistent investment results. Moreover, there is no such thing as constant profit. So while trading, you may encounter losses. Therefore it should involve risk management measures such as stopping losses to curb losses during sudden market shifts. The investment world is highly volatile. So the results of profiting from another trader may not necessarily benefit you.

Tedex does not reveal the kind of algorithm its software uses. However, it promises automatic investment services. Also, automated investment is preferable to humans. Since you do not come across emotional interference while investing, moreover, you ought to be cautious not to end up purchasing the wrong turns as it only attracts similar results.

How Tedex.co Operates

Tedex.co does not involve a suitable style of operation that is recommendable. The company exposes multiple red flags that resemble several fraudulent entities. Therefore expecting some differential treatment from the entity is absurd. Moreover, Tedex does not provide any qualification data to prove expertise in the market. Therefore you will end up relying on trade directions from people who hardly have a clue how the market operates.

Tedex maintains high anonymity, which raises more doubts. The company does not provide any data on its founders and employees. However, during registration, it requires you to share similar information. Tedex fails to reveal personal data like every other fraudulent entity. Thus you come across clone entities under the same people attempting to target funds from innocent traders. Companies operating anonymously barely generate any profit in results.

The company looks forward to providing new customers with a bonus on the first deposit of up to 30%. Also, the returns it estimates are attractive yet unattainable. Moreover, you cannot withdraw the reward money even after meeting the tasks ahead; nevertheless, once scammers have your money, consider any business between you and them over. Scammers will result in denying you access to the services it offers or even your account. Tedex does not show any evidence of trade activities going on. Also, the company might be making negative returns, which explains why similar data is missing. Trade history for three months or more helps determine the kind of returns to expect.

Tedex software is not compatible with MetaTrader, which is recommendable for investment services. The company offers a webtrader. Even so, it may expose you to malicious third-party attacks. Tedex also includes news and market analysis data. However, the same information comes from third parties who are mysterious and unreliable.

Funds Safety

Tedex does not provide any reasons to think that your money is in safe hands. Therefore investing even a single dime in a shady broker is at your own risk. You come across massive red flags and negative reviews. Even so, relying on anonymous people puts your money at risk. Your data may fall into the wrong hands, purporting criminal activities.

The company does not include any evidence of successful transactions made by its customers. Also, the only ones likely to benefit from its service are the mysterious people behind its operation. As a result, they will keep money in their account as they persuade you to wait for mysterious profits. The investment firm does not have banking details to affirm customers’ money is safe. Also, Tedex does not feature a demo account to test and familiarise its operation before investing real money.

Deposit and Withdrawals

Tedex minimum trade amount is $250. The figure is quite costly, considering the visible red flags. Also, scammers encourage the use of non-refundable options overfunding. Even so, wire transfers and cryptocurrency transactions are irreversible. So it would help if you considered the Credit/Debit option for chargeback up to 540 days.

Tedex does not include a refund policy to reclaim your money. If you find the services it offers not appealing to you; you cannot have access to your cashback. The platform does not have any data to prove the swift withdrawal made by its customers. Therefore you are likely to have a hard time accessing money from the platform. Tedex is likely to hold your money for long, and eventually, scam companies disappear with your money without leaving a trace.

Customer Support

Tedex does not provide relevant location address information. Also, there is no certainty in the customer support data available. The company is likely to disappear after getting hold of customers’ money. The investment firm only allows you to contact them via the section available on its website. There is no certainty that you will receive a reply to your query. 

Legit entities provide fast replies, if not instant. Furthermore, working customer support helps build more trust between you and the company. Also, it is impossible to attain a friendly interface without proper customer relations.

Regulation status of Tedex

Tedex offers its trading services across the globe. Moreover, in most countries, it is illegal to offer investment services without following mandatory regulations. The company is likely to break trading laws as it pleases. There is no visible evidence to prove the company adheres to regulations.

Even so, these regulated forex trading companies showcase a high level of transparency. So you can easily find and verify the regulations data available with the responsible watchdogs. Tedex fails to provide details of its founders because they risk facing criminal charges. Also, the company cannot afford regulation fees and easily risks facing bankruptcy quickly. Different regulation bodies require investment firms to have specific figures to offer trading services.

Final Verdict

Tedex uses a common marketing strategy among fraudsters. You come across a bonus even inviting customers up to 15% of affiliate commission. Nevertheless, inviting friends and family over only exposes them to scam potential. 

You should read reviews from reliable sources and do thorough research before trading. Accordingly, these forex trading platforms attract a pleasant investment experience through reliable strategies. It would help if you avoided Tedex.co at all costs.

 

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