TradeDefi Review: Tdtrade.ca A Terrible Broker

TradeDefi Review
  • Regulation
  • Customer Support
  • Fund Safety
0.5

Summary

TradeDefi operates anonymously, raising even more doubts about its services. Therefore not only is your money at risk. Personal information may fall into the wrong hands. The company does not feature a demo account to test and familiarise with its operation.

TradeDefi is an offshore forex broker that grants traders seamless investment opportunities. The company allows you to benefit from forex, stocks, commodities and indices, among other assets. However, they require you to set up an account and start satisfying profitably immediately. Additionally, the trading world is no Child’s play, and you ought to consider several factors before trading. Also, academic knowledge is helpful before investing. So trading without some understanding of the market is inadvisable.

TradeDefi Review, TradeDefi Company

Meanwhile, these forex trading companies showcase a high level of transparency. Unlike TradeDefi, you enjoy satisfying results on your heart and money. Through tried and tested investment strategies. Scammers will promise you state-of-the-art services. However, when you sign up, you get shocking results and investment returns.

TradeDefi’s website does not contain any relevant investment information. Additionally, how it manages to attract numerous profits for traders is questionable. The company only estimates to make trading services a walk in the park. However, you come across multiple red flags to doubt similar remarks. The company claims to be the best. However, how TradeDefi manages to generate winning trades is unknown. The company guarantees dedicated managers who assist in helping traders make decisions. Moreover, nothing the company offers investors is sensible.

Tdtrade.ca Review

Tdtrade.ca looks forward to providing investment services to all sorts of traders. However, no expert investor will waste time or money on the company. The investment firm does not offer relevant educational materials to assist beginners either. Novice traders may have difficulty understanding how the market operates without helpful coaching. In addition, scammers will provide a basic explanation of trading terms. You can easily find similar information across the internet for no extra cost.

TradeDefi guarantees quality support and market analysis. Additionally, the website resembles word-for-word shady clone investment firms. Also, they ensure fast investment executions with speeds up to 7ms. Nevertheless, automatic trading is preferable to humans due to no emotional interference with the train. However, it would be best if you were cautious to avoid awful tools as it only attracts similar results. Scammers promise incredible services and when you sign up, you get shocking results.

TradeDefi does not present a convenient approach to beat the competition in the market. The platform does not include risk management features like stop-loss to protect you against sudden market shifts. The market faces high volatility, and you require convenient risk features to limit losses. Also, there is no such thing as constant returns. While trading, you may encounter losses.

How Tdtrade.ca Operates

Tdtrade.ca does not present a convenient recommendable style for trading. The company claims to be the top for beginners and expert traders. However, the investment approach is similar to multiple clone entities. Hence expecting any sort of preferential treatment is absurd. Also, you come across market analysis and news information from third parties. Accordingly, the same information comes from mysterious and unknown sources. You might end up relying on expired trading information.

TradeDefi does not present any algorithm the software uses for operations. Also, there is no credibility in the level of transparency it showcases. The company does not give any data regarding its founders or team of employees. Moreover, scam platforms maintain anonymity. As a result, they form clone entities and attempt to defraud more money from innocent traders. TradeDefi does not provide any qualification information to prove expertise in the market.

Consequently, there is no evidence to prove trade activities are taking place. You come across price graphs that do not have any updates. Additionally, the company may be attracting negative results, which explains why similar information is missing. Moreover, trade history for three months or more helps determine the expected outcomes. TradeDefi allows you to access the services it offers through downloadable platforms. However, the software is not compatible with MetaTrader suitable for investment purposes. So counting on any web trader will expose you to malicious third-party attacks.

TradeDefi Funds Safety

TradeDefi features a shocking level of transparency. Therefore investing even a single coin in the platform is at your own risk. The security of your money is a top priority to consider on any platform. The company does not provide any bank data to affirm that your funds are in safe hands. Nevertheless, you come across multiple red flags and negative remarks, and you should not ignore similar information.

TradeDefi operates anonymously, raising even more doubts about its services. Therefore not only is your money at risk. Personal information may fall into the wrong hands. The company does not feature a demo account to test and familiarise with its operation. Also, the only ones likely to benefit from its services are the mysterious people behind its operation. So they may end up keeping money in personal accounts while you wait for mysterious profits. The investment firm does not have any evidence of swift transactions made by customers.

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TradeDefi, like every other fraudulent company, will find multiple ways to persuade you into making a massive deposit. You come across attractive profits with no authentic style of attaining the figures. Also, you may come across bonuses on the first deposit up to 100% or more. Moreover, you cannot access the reward money even after meeting the tasks ahead. Consequently, when you make deposits with a shady broker, consider business between you and them over.

Deposit and Withdrawal

TradeDefi minimum investment amount is $50,000. The figure is quite costly considering the ambiguity visible. Also, scammers encourage the use of non-refundable funding options. Wire transfer and cryptocurrency transactions are irreversible. So it’s best to consider the Credit or debit option for chargeback claim at 540 days.

Tdtrade.ca Review, Tdtrade.ca Features

TradeDefi does not include any evidence of successful withdrawal by its customers. Also, you will have a hard time trying to access money from the account without any withdrawal information. The company does not include any refund policy to reclaim funds if you find the services available displeasing. Fraudulent companies result in holding your money for a long duration. Eventually, they end up disappearing with your cash without a trace.

Customer Support 

TradeDefi location address is Dominion Centre King and Bay Street Toronto, Canada. However, during fact-checking, the same information did not relate to the company. Therefore you cannot be sure to rely on the customer support available. Additionally, you should receive an instant reply to your query, if not fast.

Furthermore, working customer support helps build trust between you and the company. TradeDefi, like every other fraudulent company, is likely to cut off communications upon receiving your money. You can reach the company through telephone and email contact available on the website. The company guarantees a friendly interface that is not easily attainable without proper customer relations.

Regulation status of TradeDefi

TradeDefi does not appear under the radar of any legit regulator. The investment firm claims to be regulated by multiple regulatory bodies. However, without any verifiable evidence, scammers will claim much. Unregulated companies do not last for long in the market. They end up disappearing or breaking trading laws easily.

Moreover, these regulated forex companies showcase a high level of transparency. You can easily find and verify the regulation data available with responsible watchdogs. Scammers cannot afford regulation fees, and they face bankruptcy quickly. The company does not provide data regarding its founders. Since they risk facing criminal charges for illegal operations, it is illegal in most countries to access public funds without mandatory following regulation measures.

Final Verdict

TradeDefi is not suitable for investment purposes. The company reveals multiple resemblances to shady brokers. Additionally, inviting friends and family to the platform only expose them to scamming potential. Also, it would be best if you read reviews from reliable sources and research thoroughly before investing in any company.

Furthermore, these forex investment firms attract a pleasant trading experience. Unlike Tdtrade.ca, you get to enjoy satisfying results on your hard-earned money.

 

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