TraderFxOption Review: A Perilous Broker

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TraderxFxOption Review
  • Fund Safety
  • Trading Conditions
  • Regulation


TraderFxOption does not provide any regulation documents. Consequently, the company does not appear under the radar of any regulator. Nevertheless, they claim to be fully licensed and regulated by the FCA, which is responsible for issuing similar documents across the UK.

TraderFxOption is an online investment platform that looks forward to providing the best investment services. The company guarantees the latest technology updates for the exploration of various markets. They allow you to benefit from forex and shares trading.

TraderxFxOption Review, TraderFxOption Company

Accordingly, there are several factors that you should pay attention to before opting to invest in any entity. Hence as you read this impartial review on TraderFxOption, we highlight the ambiguity it exposes. Therefore you might end up reconsidering your investment decisions with the entity.

Meanwhile, these forex investment companies apply tried-and-tested strategies. Hence unlike TraderFxOption, you get to earn desirable returns on your hard-earned money.  Accordingly, the market is not child’s play, and without proper strategies, you will attract negative returns. Scammers often promise you massive investment figures that are not attainable in well-established entities. 

TraderFxOption’s website barely contains any helpful information to reveal its operation. The company’s primary target appears to be customers’ money. Furthermore, they look forward to providing investment opportunities to all sorts of traders.

Therefore beginners should expect to find helpful educational videos or webinars. However, it is not the case, and scammers often use essential explanations of trading terms. Even so, you can find similar data across the internet for no extra cost. Investment without proper education and understanding of the market is inadvisable. Review assures its customers of industry-leading prices. They feature ultra-competitive spreads and commissions across assets. Furthermore, investors who invest more money get better rates with the increasing investment volume. They assure customers of fast investment executions and low investment deposits. Also, you get access to more than 2,000 assets to invest.

TraderFxOption offers spreads from 0.2pips. Additionally, the company allows you to benefit from the crypto investment. You can have multiple trades going on in one platform. Accordingly, the kind of algorithm it uses in attaining profits is questionable. Automatic trading is preferable to humans. Nevertheless, you should be cautious not to purchase the wrong tools.

TraderFxOption does not provide any details regarding the founders and the team of employees. There is no qualification to prove that you rely on trade directions from experts. You might end up relying on information from people who hardly have a clue how the market manoeuvres. Moreover, fraudulent companies often hide personal information. They result in opening clone companies and attempting to rob more money from innocent investors.

How Operates does not have a reliable style of operation. Additionally, the market faces vast competition, and relying on wrong strategies will only bring in similar results as returns. They operate anonymously, and it’s unlikely for such to turn out profiting for any trader. The company provides free analysis and news information. However, the exact details come from mysterious people who are unreliable and vague.

TraderFxOption allows you to access its services via downloadable apps online. Nevertheless, they expose numerous similarities to scam entities. So expecting some sort of preferential treatment is absurd. Therefore they will find ways to persuade you into making hefty deposits. They claim to have the best reputation and advanced tools for investments. Moreover, you may receive bonuses on the first deposit of up to 100%. Consequently, you cannot withdraw the same reward money. Review, Platform

Thus once TraderFxOption has your funds consider any business between you and them over. The company will deny you access to the services it offers or even the website. TraderFxOption does not have any evidence of trade activities going on. The company is likely attracting negative returns, and such data does not welcome new customers. 

Additionally, you should find at least three months or more of past trade activities to determine expected returns. TraderFxOption does not have any risk management measures. The market faces high volatility and stop-loss, among other features that help curb massive losses during sudden market shifts.

Funds Safety

TraderFxOption does not provide any reasons to think that your money is safe in the entity. Additionally, they operate mysteriously. Hence not only is your money at risk, but personal data may also end up in the wrong hands. Thus the security of your funds should be a top priority to consider in any platform.

The company, however, is only beneficial to the people behind its operation. Scammers tend to keep money in personal accounts. The investment firm does not have banking details to affirm your money is secure. The broker does not provide a demo account to test and familiarise yourself with the platform before investing real money.

TraderFxOption Client Feedback

TraderFxOption does not have positive feedback from any of its customers. However, as much as testimonials are welcoming to any investment firm. You should be able to find verifiable evidence for the same remarks. Scammers often use stock images, and names and similar traits are visible in TraderFxOption.

You may come across favourable reviews from customers who claim to have massive success. Nevertheless, the same data comes from professionals who can write anything. Thus testimonials without tangible evidence are not recommendable. TraderFxOption brags about having won multiple awards which are non-existent in the market. Accordingly, this is just a marketing strategy, and you should be cautious of the same.

Deposit and Withdrawals

TraderFxOption does not reveal to its customers the minimum investment amount. The company will persuade you into making a hefty deposit for no reason. Additionally, wire transfer and cryptocurrency transactions are irreversible. Moreover, you should consider using the Credit or debit option for chargeback up to 540 days.

TraderFxOption does not provide a refund policy to reclaim your money if its services do not meet your expectations. Also, there is no evidence of any successful withdrawals made by customers. The company does not reveal how long it takes to process withdrawal requests. Additionally, scammers find ways to hold on to your money for long. Eventually, they end up disappearing with your funds.

TraderFxOption Customer Support

The company features a live chat section, telephone and email. It has a section that you fill in with personal data. Moreover, working customer support helps gain more trust between you and the company.

The investment firm is likely to cut off communications upon receiving your money. Additionally, you should receive instant responses to your queries and if not fast. TraderFxOption looks forward to providing a friendly interface that is impossible to attain without proper customer relations.

Regulation Status of TraderFxOption

TraderFxOption does not provide any regulation documents. Consequently, the company does not appear under the radar of any regulator. Nevertheless, they claim to be fully licensed and regulated by the FCA, which is responsible for issuing similar documents across the UK.

However, unregulated companies do not last long and often break trade laws as they please. Unlike TraderFxOption, these regulated forex investment companies showcase a high level of transparency. You can easily find them to verify the regulation documents with the responsible watchdogs. The investment firm does not provide details regarding its founders because they risk facing criminal prosecutions. Also, the company cannot pay investors profits in the long run and risk facing bankruptcy since they cannot afford regulations.

Final Verdict

TraderFxOption does not feature any evidence of trade activities going on. The company has negative remarks across the internet. Also, the traffic figures should be higher if the entity made many investors rich.

Therefore consider these forex companies for considerable investment returns. Through reliable investment strategies, you will enjoy your investment experience. Additionally, you should avoid TraderFxOption at all costs.


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