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Trade99 Review 2021 | Mata 1

Trade99 Review 2021

My bonus/profit was $8,300,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $250,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned.

Once you start trading with them, you will face a couple of issues. The platform has no internet-based standing, and nobody appears to know them. These are trick specialists who need to get their hands on the rewarding trading world.

If there is transparency about fees, spreads, and commissions, you may notice they are high compared to the industry standard. To find out what the acceptable range is for fees, commissions, and spreads, you can do some research on the web or talk to our experts. Recovery of funds is not an easy process but in the end, they came through for me. Trade99.com appear to mainly market to clients in Europe and the USA via telephone cold calling and posting on social media such as Tiktok and Instagram. Scamvictimshelp.com can have advertising and affiliate relationships with some of the trusted recovery companies and may be compensated through them . Scam Victims Help is committed to the fair handling of reviews and posts regardless of such relations.

Click now to open demat account Instantly & start trading. Which broker is safe to trade online with in Indonesia? Compare the best Forex brokers and CFD providers in one place. Find an account that matches your experience and investment preferences and suits your requirements. FinTelegram has issued several alerts against broker scams in recent months in which we discovered the payment processor Mercuryo as a facilitator. The German BaFin investigated Mercuryo, which is said to have ended favorably.

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if Trade99 is an offshore and/or unregulated entity. I note several negative reviews regarding Trade99 on this forum and how people have recovered funds using email addresses provided.

Forex Diamond EA review has grown to be quite popular lately. Forex Ambush has set a new standard for making it easy to conduct trades. I will always advice, that when you want to trade, you should seek the assistance of a well trained personnel. I’ve been trading with Robert Seaman and it would be selfish of me, if i don’t recommend them.

Like it’s the case with many scam brokers, the Trade99 trading platform is also a WebTrader. It’s easy to manipulate it, it’s easy to change prices, and it’s easy to lose client’s money. Since withdrawal is not an option with such a broker, they needed to find a way to lose your money and show it to you explicitly. Trading platform– Trade99 offers multiple trading accounts to its traders.

trade99 review

The review of trade99.com has been based on an analysis of 40 facts found online in public sources. One thing we’ve seen, equity research financial modelings are loaded with negative remarks. Numerous traders revealed that the broker fooled them and steal their money.

Got Scammed by Trade99?

The worrying part is the identification I provided to the scammers, address, phone email and Mastercard that I cancelled after. By now they have morphed into something else and by another name (all with scam positive reviews – check the reviewers out). Remember all offshore, unregistered trading organisations are almost certainly illegal operations and will scam you. In addition, the companies claiming to do so are also going to scam you. Thank you for sharing a knowledgeable blog is one of the Best Broker for Meta trader 5 in united kingdom. In United kingdom encore capital provides Best online Forex Trading services.

The lawyers of MoneyTea Ltd d/b/a Mercuryo have again requested FinTelegram to make additional statements, which we do below. Moreover, we would like to point out that the crypto and payment services provider Mercuryo is still heavily engaged in Russia, according to the latest SimilarWeb data. Grab all the information regarding Trade99 in the form of reviews at Trade99 Review and keep yourself updated related their trading platforms. Trade99 claims to be under the jurisdiction of “The Financial Commission.” This commission is not a financial regulator like the FCA or CySEC. It appears to be nothing more than a small website that gives its approval to offshore brokers, with no apparent review or regulation policies. The Financial Commission has placed Trade99 in its A-Category; it is not clear what this designation implies.

trade99 review

Trustpilot has also issued a warning against InvestXE for fake reviews. After disappointing earnings reports from Twitter and Snap, it’s become evident to investors just how much social media companies rely on ad revenue. Angelo Zino, the senior equity analyst at CFRA Research, joined Cheddar News to break down this week’s numbers from tech platforms — and what to look for going forward. “We’ll get a better indication here when Meta and Alphabet reports,” he noted. I’d be a lot more concerned about Meta than Alphabet at this point in time now.” We don’t recommend trading with them and if you are trading with Trade99 contact them immediately and try to get your fund out.

Education – Trade99 offers the educational materials to its clients, no matter what kind of account he holds. The informative materials train the new traders so that he can make good trading decisions and increase his chances of earning the profit. Some articles let traders learn about leveraged trading. However, a trader needs to be very cautious while trading with leverage as it multiplies the gains and losses as well. The minimum deposit is generally asked in small amounts by the legitimate brokers as taking a large amount as the minimum deposit is not advised by the regulations. However, the tradition of taking huge minimum deposits is common in scam brokers as their main aim is to steal as much money as they can from the trader before they get suspicious.

The deposited fund immediately shows up on the trading account balance of the trader from which he can start trading of the assets. We advise traders and assist them with documenting a powerful case against fraudsters. With insightful reports and direction, we can help you while heading unreal for unity developers to recovering your assets. Spreads and Commission — The only thing that is not good with Trade99 is its high spreads. Trade99 charges service fees, withdrawal fees, and deposit fees. The firm offers a trade bonus, which is mainly dependent on the amount of the withdrawal made.

Trade99 Regulation and Security

This can be considered low in relation to other websites from the website’s country. If you think this website should be very popular, please invest atfx additional time in researching the company as this is suspicious. For a smaller or starting website a low Alexa ranking can be considered normal.

trade99 review

Even if the Financial Commission does have the full intent of regulating Trade99, they don’t have the authority of a national regulatory body. Without the legal inspection, whenever this company runs into a scandal they could simply vanish overnight. Scamadviser is an automated algorithm to check if a website is legit and safe .

How Online Trading Scams Work

This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Customer service– Trade99 offers amazing customer service. The customer support team can be reached through chat, email, call and social media. There is a separate section on the website where one can find FAQ section which can provide the answers to the common traders’ issues.

There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. A whistleblower recently provided information proving that the same operators and boiler rooms are behind Trade99 and InvestXE. One of the co-operators and payment processors of Trade99 was ClearTransfer, where one of the key figures, Andreas Theodosiou, is the director.

The firm strictly follows the KYC and AML norms to prevent illegal entities from starting trading on its trading platform. Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s fundsWill charge high withdrawal fees.

Share your opinion

Financial Commission mediates any disputes caused by the third party. Trade99 is one of the best sources for brokerage and trading tools. Read Trade99 Reviews for more updates regarding cryptocurrency, forex market, and much more.

You should not trade with an unregulated company under any circumstances. All of the companies on our website are likely scams and are unregulated companies. One of the reasons is that the broker does not hold a legitimate exchanging license and it get a warning from Australian Securities and Investments Commission.

Facts about trade99 com

Further, this firm was established most recently in 2019 by the… Security and Privacy – Trade99 adds safe technology to make the trading platform secure for all kinds of transactions. All the personal data of the trader kept safe when the transactions made. Once signed up, the trader can start depositing the funds in the account.

Start the signup process with commendable and Recommended Cryptocurrency mining companies. A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods. Alex spoke with an eastern european accent yet claimed he grew up in Greece and then traded in London.

Users who receive a trading bonus are likely to run into issues when they try to withdraw any profits. The reward must go through a certain amount of trades before being withdrawn, and most traders are likely to have nothing left by that time. I initially invested a total of $1,050,000 over a period of 5 weeks with my broker.

According to his LinkedIn profile, Jaspreet “Jas” Mathur is an accomplished Canadian entrepreneur, venture capitalist, and innovator of Indian descent. Jas Mathur is apparently also a brand builder and Instagram influencer. According to our information, he generates a substantial part of his income as a high-risk payment processor. If you have any information about PandaTS and their scam clients like InvestXE, please share it with our team via our whistleblower system, Whistle42. It is never a good idea to work with an unregulated broker. This is because there is no excuse for a broker not to have at least some kind of license.

The Trade99 Connection

Our analysis has shown that InvestXE operates illegally in Europe and North America. On 15 Sept 2021, the FMA in New Zealand issued a warning against the PandaTS white-labeler broker mutation InvestXE. On 17 Jan 2022, the Spanish CNMV also issued a warning.

Contact our recovery specialists and see the most effective way to get your funds back. The broker offers around 180 trading assets, lower than most brokers on the market. You can trade with currency pairs, stocks, commodities, indicies, and cryptocurrencies. However, when we wanted to check the offer, we found only eight major currency pairs available.

Things have become more comfortable with the launch of mobile trading apps as it allows the investors to carry out trading at any time and from anywhere. Some have high spreads while others charge huge commission. I was a victim of such and I was scammed by a binary option platform I lost about $435,000 to them.

Trade99 supports all kinds of major payment options like bank wire transfer, Visa/Master debit / credit cards, and bitcoin. Trade99 is one of the leading forex brokers that provides its customers with different types of accounts and is a good trading platform. Trade99 is managed and owned by Nohelious International Marketing operations, which is based in the Dominican Republic.

Most reputable brokers give their users clear and accessible fee schedules. Another discrepancy, Trade99 tells their potential clients that they will have access to MetaTrader5. Users only get access to a web-based platform that doesn’t have the standard features of MetaTrader5. It’s not clear if this is an intentional bait and switch or a technical error, but neither of those options bodes well. Trading platform — Trade99 offers multiple trading accounts to its traders. All the accounts have a different minimum of depositions.

A trader should research thoroughly before picking up any trading platform. In the time when the market surrounded by volatility, a reputed firm can enhance the chance of making a profit. Trade99 offers the required trading tools to its traders, which helps them to speculate on the moves of the market and increase their chances of making a profit. The exceptional customer support, easy-to-use trading platform, and provision of multiple accounts make the firm stand out among its competitors. Due to the excellent trading services offered by the firm, Trade99 has gained immense popularity among the traders in a very short duration. Online platforms are so easy to use that even a novice trader can start trading quickly.

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