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10tradeFX does not guarantee any safety of funds, and you make a deposit ta your own risk. Nevertheless, the security of your funds is always a top priority to consider, and several factors play a part in the same.
10tradeFX is an offshore broker that claims to be under the management of Evalanch Ltd, an investment firm in Seychelles. They look forward to providing a wide range of trading tools and user-friendly products that should boost your returns massively. Also, they claim to feature fast trade executions, and they guarantee safety while investing. Nevertheless, as an intelligent trader, you should pay attention to several factors before depositing any platform.
Moreover, as you read this unbiased review on the company, we highlight several red flags and why your funds are at risk. Meanwhile, you should consider these reliable forex brokers for tried and tested approach towards your trading. 10tradeFX does not have any suitable strategy that they use to meet the promises they pledge to customers.
10tradeFX assures its users of a friendly trade environment that you can trust on for attractive returns. They also promise investors of all sorts an opportunity to benefit from their services. Thus novice traders should expect to find helpful educational content.
The investment firm claims that they feature 1on1 training, webinars and e-books that will assist in grasping more on how the trade word operates. You may be shocked to find that they only feature common explanations of trading terms, and you can find similar data for no extra cost across the internet.
10tradefx.com about us section entails a lot of ambiguity, and they barely avail any information on the software. Nevertheless, automatic trading is preferable to humans since they do not mix trading with emotions. Also, purchasing the wrong tools will only put your funds at risk. 10tradeFX does not explain the kind of algorithm the software uses in making returns.
The company provides an opportunity to invest in currencies, forex, stocks and CFDs. However, they show a terrible level of transparency, and you can hardly count on their credibility. Accordingly, they provide expert level services, yet they do not avail any qualifications. The founders’ information and the team of employees as well are mysterious to traders.
Moreover, you can hardly count on anonymous people to make any profits for you. Also, you might end up relying on trade directions from people who barely have a clue of how the trading world operates. They promise you superior liquidity from to tier interbank markets. They also offer leverage of up to 1:500, and you should be cautious because high leverage also applies when traders do not go your way.
How 10tradefx.com Operates
10tradefx.com does not have a suitable style for an operation that they apply to attain sensible profits. The company does operate with a lot of anonymity, and they fail to reveal details of the founders and the algorithm it uses. 10tradeFx works with many similarities to scammers, and you should not expect them to function any differently. They will find ways to persuade you into depositing various contact means.
10tradefx.com will urge you to seize one time offers and earn massively from the platform. The returns they promise you are barely attainable, especially with the style of operation that they use. Also, they may use attractive bonuses on the first deposit, and you should not fall for the bait.
10tradeFX does not have any evidence of past trade transactions from traders. Also, they might be attracting negative returns, and such data is not welcoming in the eyes of new customers. The software is compatible with Metatrader 5, which is the only positive factor regarding the company. The software can fast trade executions, and they have no desk dealing; thus, no requotes.
10tradeFX does not guarantee any safety of funds, and you make a deposit ta your own risk. Nevertheless, the security of your funds is always a top priority to consider, and several factors play a part in the same. They showcase numerous red flags that should warn you that your funds are at risk. Also, they have a shady reputation across social media, and you should not expect any preferential treatment.
10tradeFX does not feature any successful transactions made by traders. They also do not have a demo account to familiarise you with their services before investing real money. Thus the only likely ones to benefit from the company are the anonymous people behind the company. They do not feature any banking details to affirm that your funds are in safe hands.
10tradeFX Deposit and Withdrawals
10tradeFX does not have any deposit methods that you can use to fund your account. Thus you should opt to use credit/debit options to fund your account because they allow a chargeback of up to 540 days. Wire transfer transactions are irreversible. When you make a deposit, there is no turning back. 10tradeFX does not have a refund policy in case the services they offer do not please you.
Accordingly, for withdrawals, you will have a hard time trying to access your funds. 10tradeFX does not explain how long the withdrawal process takes. They also do not have any data on successful customer withdrawals. They will expose you to hefty hidden fees that were not initially made known to you. You should have instant access to your funds, and the company shows a lot of opacity that shows you will lose all your money.
10tradeFX has a location address: province, Mahe Seychelles. However, the exact location information seems to be made up and has no association with the company. They allow you to reach them via email at firstname.lastname@example.org. The contact support services are unreliable, and you can hardly contact them once they have your money.
Furthermore working customer support helps in earning more trust between you and the company. You ought to receive a fast response to your queries, if not instant. The location information they provide is made up and, at the same time, not reliable. You should stay away from the platform at all costs.
10tradeFX does not fall under the radar of any regulatory body. Furthermore, it is illegal to generate funds from the public in most countries without mandatory trade laws. On the other hand, you can count on these regulated brokers for sensible profits. You can easily find and verify the regulation documents they provide. Also, unlike 10tradeFX, they are reliable for commendable transparency.
Unregulated brokers barely adhere to trade guidelines, and they break trade laws whenever they please. Consequently, the people behind the company risk facing criminal charges and could be the main reason similar data is hidden. 10tradeFX is likely not to survive in the market for long, and they will end up disappearing with all your funds. They may also end up facing bankruptcy at any given time, and they might be incapable of paying profits.
10tradeFX does not have any past trade data to help determine the kind of returns to expect from the company. They may be attracting negative returns, and thus it is the reason they do not have any trade history. They do not have reliable customer support, and you cannot reclaim your funds after making a deposit.
10tradeFX is unreliable, and they will end up making negative returns your way. Furthermore, you should consider investing with these forex brokers for a pleasing trade experience. Also, through reliable strategies, you will earn sensible profits your way.