TCO Trade (Tcotrade.com) is another crude and disgusting Forex trading scam ripping off potential investors. TCOTrade is claiming to be the best trading platform giving users great possibilities. With a moving and enticing website, investors signed up not knowing the truth behind this platform. Victims of this scam are coming out with detailed events of how they lost their funds. Read this genuine and honest TCO TRADE Review for more.
For those who want better alternatives to brokers, you can get affordable Forex trading robots. With dependable and genuine Forex robots, your chances of winning increase immensely. Make sure to sign up with credible and dedicated Forex trading robots with a strong online reputation. Start making the trading success journey with affordable and tested platforms. This is the best time to start trading with flexible and transparent Forex trading robots. Make your move today.
Our help desk has been receiving numerous email complaints from victims of this platform. Once they deposited funds, their attempt to withdraw has become a major pain. No user has been able to withdraw funds with some claiming to have their accounts blocked. The problem with these accounts is having balance reflecting and not able to gain access. These are scam tactics and we hope to expose those underneath. Make sure to go through this review as we reveal some dirty tricks used by TCO Trade scam artists.
By posting over the moon claims and fake promotional videos, their goal was met. To entice users into signing up by believing they would make easy and quick money. These scam artists have cloned a trading website and fooled users into depositing funds with them. And this is where traders go wrong as they sign up with entities without conducting research. A smart investor will make sure to read reviews from a trusted source to know more. What is wrong with this trading platform?
According to their contact page, the website claims to be located in London, UK. Scam artists are known to use random location details to throw off would be victims. By having London as their base of operation, they fool investors from the European region. A platform based in London is thought to be regulated and offers genuine services. And this is why scam artists prefer to use such a location. In real sense, these are offshore brokers based elsewhere, and the proof is here.
👉 Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout the Next Day After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase. Click the Banner Below To Register Now:
Anonymity is key to ensuring scam artist are never caught. Have you noticed that no name has been posted on their entire website? We don’t know the actual names of the founding members of this platform. No one knows the people who are running the show. And this is where we raise our first red flag. With an anonymous website, trust is an issue as recovering funds is next to impossible.
With any platform based in the UK, you would expect some regulation from UK Forex governing body. The Financial Conduct Authority has no broker or platform licensed under this name. A search done on their registration search page reveals no broker with this name. And here we have our first concrete proof we are dealing with a quack. These are scam artists who will go to any lengths to steal from unsuspecting investors.
Why have they failed to post any license and registration number on their homepage? This is another sign we are dealing with an unregulated broker. These scam artists will without a doubt steal funds and make it hard to recover it. Without a valid trading document to prove their regulatory status, TCO Trade is a scam. Stay away from it or else face the risk of becoming their next online victim.
You can also use authentic and credible brokers who have a strong online reputation. Sign up with industry leading and tested brokers for a safe trading experience. Make sure to go for brokers who come highly recommended by trading experts. Sign up with industry leading and trusted brokers at all times. Make sure to use brokers who have been given the green light by the trading community.
None! We could not come up with any trading advantage of using this illicit platform. How can there be any trading advantage with negative comments floating around the web? These are professional scam artists who have cloned a trading website just to fool investors. We hope that by exposing them, authorities will take wind and shut down their website. The only way to stop them is for authorities to investigate them and dismantle this website. No advantage seen since all it does is steal from investors.
TCO Trade is not furnishing users with any type of account types. We also don’t know the actual minimum deposit required to start trading with this platform. Stay away from this platform as without account types; no one knows the features involved. TCO Trade is coercing investors to sign up and yet, no information on leverage and spreads is available. Does TCO Trade sound like a true trading platform? NO!
When you want to communicate with this broker, you have to send them a message via email. The problem with emails is that they are one way communication channel. These scam artists may never respond to your email depending on the message at hand. We have noticed that the platform only responds to depository questions. And this is why you must stay away from this illicit trading platform.
TCO Trade is shrouded with mystery as the website does not offer any details regarding account funding. The problem with this process is that the account in question is a private account. Users are depositing funds straight to owner’s bank account. Withdrawing funds is also a huge problem as no one has come forward with proof of ever withdrawing funds.
Safety of funds is not guaranteed by a platform which fails to have adequate security features. Lack of DDoS and SSL encryption on the platform is proof we are dealing with a scam. Ensure you sign up with leading and trusted Forex platforms which offer compensation when disaster strikes. These are mere scam artists who have nothing to do with real trading services. Your credit card information is at risk of being stolen by TCO Trade.
Evidence is certain that TCO Trade is a scam waiting to pounce on unsuspecting investors. Make sure to mark all their emails as spam and never click on any links sent by their email marketing team. Warn your family and friends from signing up with this illicit platform. With the above evidence, it is clear the repercussions of signing up with this bane platform.
We will be adding this platform to our scam blacklist and ensure our readers stay informed.
Smart investors can also choose to trade in the lucrative Cryptocurrency trading world. Make the right move today and start using dependable and genuine Crypto trading tools. Start making money with honest and transparent Cryptocurrency trading robots.
Wishing all investors a happy and safe trading experience.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More