ExpressTradingNet Review: Expresstradingnet.com Dubious Broker

ExpressTradingNet is a company dealing with crypto trading. The platform claims it has a secure and efficient way of generating returns. Crypto trading and mining are activities that scammers claim will yield high returns. However, these days are gone. There are numerous coins in the market. 

The platform is also acting as an exchange. The firm urges investors to download BTC wallets. Never install anything from a malicious website. The software or document can corrupt your gadget. The scammers can also get access to your information.

Sharing your credit card details could lead to more losses. The people running ExpressTradingNet are doing it behind closed doors. The least a company could do is operate in full transparency. They should reveal the people running the business. This would help in building trust. 

However, the broker fails to provide sufficient information. The platform does not have any exclusive features. There are genuine cryptocurrency trading companies. These are transparent and regulated ventures. They operate by the law. The platforms hire professionals, and there is also access to educational materials. 

Expresstradingnet.com Review

ExpressTradingNet claims it can get high returns due to the latest technology. The company is accepting both expert and novice traders. The entity even claims it has an educational program. They provide daily analysis, webinars, and trending news.

Even the best investment companies in the market provide such opportunities. It takes skills and great practice to be a successful trader. We do not know the qualifications of the people handling traders’ funds. It is most likely you will trust incompetent individuals with your funds. 

The company expects traders to provide their data. We do not even know their location. They however expect traders to believe experts established the website to make them successful. An SSL and DDoS certificate won’t protect your data. Not when you are dealing with scammers.

Moreover, ExpressTradingNet is accepting traders from all over the world. There are jurisdictions protecting investors from dealing with scammers. The broker does not have a single license, yet it takes traders from every corner of the globe.

Trading Conditions of ExpressTradingNet

Investors can use the trading app on their phones. ExpressTradingNet is a venture that lacks legal documentation. There is no binding contract, and the firm can do whatever it pleases. A legit broker must have a terms and conditions policy. Scammers fail to avail the document to exploit traders. They can change the ask for hidden fees from investors or change the trading terms.

The company boasts it has an effective trading platform. It turns out the firm doesn’t even own a basic web trader. Without a trading interface, the scam shouldn’t refer to itself as a trading scheme. The legit platform provides the popular MT4 and MT5. They allow inventors to trade with their phones or desktops. 

ExpressTradingNet is allegedly trading CFDs, Forex, indices, Binary Options, and Crypto. The leverage and spread information are missing from the website. We are also in the dark regarding the trading mechanism deployed by the firm. 

It appears this is an entity mainly dealing with binary options trading. They allow investors to gamble from $15 up to $2000. These products are banned in the EU and other countries. This is because there is no trading. It becomes worse when you are dealing with scammers. They can claim the price has dropped, but that is not the case. 

Withdrawal and Deposits 

The payment methods are; cryptocurrency, Visa, bank transfer, and MasterCard.The company states it has minimal fees. The minimum amount to deposit in the scheme is $100. It is impossible to verify if the listed payment methods are indeed what ExpressTradingNet is accepting. 

This being an outrageous scam, they will not allow investors to issue a chargeback. Therefore, the firm will only accept money with irreversible methods. Sadly, we do not know the minimum amount traders can withdraw.

ExpressTradingNet mentions nothing about the fees. This is a venture trying to retain investors’ funds. They are likely to cut all communication once you start suspecting them. 

Customer Support and Contact Details

The company has a fictitious character as the founder. He praises the features of Bitcoin. ExpressTradingNet’s physical address is not displayed. The actual location of the entity remains a mystery. 

A legitimate investment company will avail its contact details. An operating phone number will also be available. They also hire a professional team to handle all your shortcomings. The safety of your money is at greater risk when dealing with anonymous companies.

Never share your proof of address or proof of identity with discrete companies. They can sell your data to criminals. Additionally, the information provided can be used to manipulate you.

Regulatory Status of ExpressTradingNet

Trading is risky, and when you visit a website of a licensed entity, you will see a disclaimer stating the same. Nobody can predict the next market direction. Platforms will only minimize the risks. ExpressTradingNet is an unknown entity that doesn’t reveal its regulatory status.

The broker parent company name is also missing. The venture is operating independently without anyone monitoring its financial activities. They claim to hail from the UK. Therefore, we decided to check the database of the FCA. The Financial Conduct Authority supervises all investment schemes in the country. 

A company collecting funds from the public must deposit capital of 730K EUR. The amount is kept in a segregated account from that of traders. Hence, the platform cannot misuse the funds. Unfortunately, ExpressTradingNet is not authorized to collect money from United Kingdom citizens. 

You risk depositing your money into the con artists’ pockets by trading with the scheme. The individuals behind the entity are breaking the law. They risk facing criminal charges if caught. Avoid dealing with discreet unregulated schemes. 

If you Inves with a company that has a license grants you peace of mind. You can also receive compensation if the platform faces bankruptcy. Your safety should come first, and it is essential to avoid offshore schemes. 

Clients Reviews of ExpressTradingNet

ExpressTradingNet does not have client reviews. Dealing with an entity that does not have a reputation is a considerable risk. You do not know how the firm treats clients. Additionally, there is no proof of payment. You are more like a lab rat, and you will live to tell the tail. 

We suggest you look for a company that has clients’ testimonials. At least, you will know what you are signing up for. The safety of your money is also guaranteed. Nothing is going to take you by surprise. The fact that ExpressTradingNet is not endorsed speaks volumes. It looks like nobody is interested in their services. The traffic visiting the website is also low. 

Final Verdict 

ExpressTradingNet claims it has been in operation for 17 years. If this statement were true, the company would showcase its performance. Moreover, they would comply with the law. The broker is new in the market, eyeing novice investors’ funds. The template used by the platform has been in use by other scammers. 

We know how this is going to end. The suspicious firm will eventually collapse. Trader’s funds will be stuck in the system. It is impossible to recover the funds. Your safety should be your main priority. You must trade with regulated crypto trading companies. You will generate passive income without risking your safety.