Tradefxoption Review: Tradefxoption.com Legit or Not?

Tradefxoption Review
  • Regulation
  • Fund Safety
  • Customer Support
0.5

Summary

Tradefxoption is a platform that is not worth investors’ funds. They are not licensed and their customer support is terrible. Invest only with the best forex trading platform that will generate reasonable returns.

Tradefxoption is a company that promises investors a smooth investment process. The entity claims it is reliable and efficient. The platform brags that it has been successful in its trading since its establishment.

The firm is allegedly the best forex trading broker. They brag about having a past trading history and verifiable performance. However, the only thing that we see from this firm is red flags. The entity has been in the industry for over a year, yet there is no evidence of financial services or products.

Tradefxoption claims it is involved in mining, and trading multiple assets. They also conduct ICOs, HYIPs, paid adverts, and buying trading signals from reputable exchanges. Unfortunately, this is not verifiable. The entity only speaks highly about itself. Nonetheless, a lot of missing from their website.

Tradefxoption Review, Tradefxoption Company

The company is a Ponzi scheme that uses false information to market their fraudulent activities. The firm also proclaims it has partnered with various stakeholders in the market. They assure to make their clients financial free.

Investment is all about factual data. Once there is no evidence showing that an entity is, the legit possibility of them being a scam are high. Ensure that you venture with the best forex trading companies in the industry. You will get reasonable returns. Invest with the best firms that have no intention of stealing from you.

Tradefxoption.com Review

Tradefxoption states that it is a forex trading entity that has been in the industry since 2013. They are allegedly located in the USA. Unfortunately, a quick search in Whois.com will show you that the platform made its first digital footprint in December 2019.

The only reason this venture would lie about its history is to appear as a credible venture. Unfortunately, once you come across a firm operating in this manner chance of them being a scam is pretty high.

Tradefxoption is a fraudulent venture that does not care about making anyone rich. The venture is only looking after itself. The company states it is using efficient trading bots. They facilitate investors yielding high returns.

However, your profitability will depend on the money you deposit. Fraudulent ventures will sway you into giving them a lot of money. However, you will never recover it back. The registration process in this system is allegedly fast.

The entity grants all their clients the chance to air in their thoughts. If the business idea is profitable, then the profits will be distributed equally to all the clients. It sounds like a perfect idea. However, trusting a scammer will only lead to a bad outcome.

How Does Tradefxoption Works?

Tradefxoption is a company that uses three steps in their business. They are allegedly utilizing their trading software to yield high returns. You need to create an account first for you to start yielding these high returns.

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The next is for you to deposit funds. Afterward, you will start yielding very high returns. It sounds like a straightforward process. Unfortunately, investment does not work like that. You cannot just join the market and start generating these absurd returns.

Tradefxoption displays its partners on the website. They include; Optel, Bitcoinix, Bitcase, World Bank Group, Global Trade and Blockchain, and Crypto Agency. Sadly, this is another fat lie. These ventures have no associations with the company.

The trading conditions of this broker are also not discussed. The company claims it is involved in mining activities. However, the location of the mining farm or their servers is not disclosed. The hardware that the firm is using in its mining activities is also mysterious.

The company is allegedly dealing with forex trading activities. However, the currency pair which investors can trade is not disclosed. Additionally, the leverage and spread provided to investors is missing. Moreover, the period that an account becomes dormant is left out.

Therefore, we do not know how much you are going to pay. The entity will inflict hefty charges on their clients. Scammers only care about satisfying their greedy needs. There is no investment activity taking place in this venture.

Investment Plans and Returns

Tradefxoption is a platform that has three investment plans on its website. The minimum amount that you can deposit in this entity is $500. It is beyond the average market standard. The entity guarantees a return of over $300.

The second plans require a deposit of $1500. The payout is that of $9500. It surpasses the initial deposit that you will invest. This should automatically raise suspicion. The premium account is the most expensive with the highest income.

Tradefxoption Review, Tradefxoption Plan

Investors need to cash in an amount of $2500. You will receive a return of $16000. The entity looks like a dream come true investors who lack adequate knowledge of the market will fall victim. Tradefxoption does not disclose the timeline that it takes for them to attain these returns.

The Ponzi scheme is using this tactic to deceive investors. The withdrawal process will never be processed, and you will be left devastated. It is companies like Tradefxoption that make newbies view forex trading as a scam.

Tradefxoption Location and Support

Tradefxoption claims that it is located in the USA. It is evident that they are targeting investors from this area. The company, however, does not indicate its actual location anywhere on its website. The scam is operating in a discrete area, and there is no possible way of tracking them down.

Once this entity exit the market, you will be counting losses. Additionally, the only way that you can contact them is by using email or filling up a contact form. The determination of this Ponzi scheme to remain anonymous is something else.

Tradefxoption claim that their support is responsive and professional. However, it is possible that this entity is being managed by a single individual. They claim to make people rich, yet the firm does not have a source of income.

Regulation Status

Tradefxoption is an outlaw venture that does not operate in accordance with the set rules. The entity does not care about its customers. They are targeting investors from all over the world and especially the USA.

The firm does not provide fund safety to its clients. There is no segregation of funds in this entity. Once this broker exit the market, the government will not help you in recovering your funds. It would be best if you were careful with the unregulated entity in the industry.

Tradefxoption is a company that does not have anything to offer. They are not adhering to any set rules. Their website should be decorated with multiple licenses in all the areas that they are operating from.

Final Verdict

Tradefxoption is a company that is operating illegally. The entity does not care about their clients and even fake their location. The broker also fakes its history in the market. This is an outrageous scam that is a waste of cyberspace.

Moreover, the entity is 100% anonymous. Therefore, it is not possible to know the people running this venture. Characteristics like this are common with fraudsters. You need to avoid engaging with suspicious ventures.

Invest with reputable forex trading companies that discuss their trading conditions.  The entity does not have evidence of conducting any investment service. Look for a better alternative in the industry since there are multiple platform.

 

4 Replies to “Tradefxoption Review: Tradefxoption.com Legit or Not?”

  1. Lebo

    I first paid R2000 and they said it made profit of R609000 then when I was supposed to withdraw they said I should pay R7000 to upgrade to HFS I paid R5000 now they want R10000 they say it’s for transaction fee. How can I get my money back

  2. Hayi

    I honestly Invest $200 from the first secondly $450 just they said to Increase my profit,once they done my trade again they ask me 20% commission before to widraw my profit,enough for me to give them 2x and no guarantee to get it back..

  3. Rearabetswe

    I just join tradeFXoption 02 November 2021 and deposited R700 now I did withdrawals but still waiting to reflect on my bank but I don’t see any progress

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