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It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:
Tra Markets (Tramarkets.com) is another CFDs and Forex scam platform which is stealing funds from investors. TraMarkets is purporting to offer investors a chance to pursue their financial goals. With a well-orchestrated marketing tactic, these scammers have had a hold on unsuspecting investors. Members who signed up are crying foul after having their accounts closed for no apparent reason. Read this full TRA MARKETS Review and get the whole truth.
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After receiving numerous email complaints from members, we decided to investigate. Realizing Tra Markets is closing accounts with withdrawal requests, we knew something was amiss. And this is what prompted us to conduct a thorough and detailed registration. Make sure to always check and read reviews before signing up. Most investors sign up with online trading platforms without taking a second guess. They are easily enticed by empty claims and promises thrown at them.
Looking at their homepage, we can see why these scammers have managed to entice investors. Tra Markets is using a well-designed website to lure investors into signing up. Don’t let their website fool you into opening an account. These are brokers who will steal your money immediately you deposit. Scam artists have perfected the art of creating an illusion they can make high and quick returns. Tra Markets is no different as they promise heaven and deliver hell.
Not much is known about this broker as they have tried to hide their actual details. Their website has no information regarding the company behind it. We did a thorough research using various company registrars. None of them popped any results with this name. And this is clear sign we are dealing with an anonymous broker. Anonymity is synonymous with offshore brokers who like to hide their true identity. These are scam artists who will shut down after having their fill of investors’ deposits.
Who are the founding members of this website? Where can we get the actual names of people running this website? Don’t you find it weird there’s no name of the CEO or CFO of this brokerage site? These scam artists are clearly up to no good as they are openly stealing from members. They don’t want any backlash from authorities and victims. This is why they have chosen to remain behind the curtain. Opening an account with such brokers is uncalled for and risky.
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Looking at their website, there is no details showing their actual license and registration details. To find out whether Tra Markets is licensed by regulatory bodies, we contacted known institutions. They included ASIC, COSNOB, CySEC, FCA, FSA, NFA, and SEC. None of these bodies has ever been licensed TraMarkets. We are dealing with an illicit broker who is out of control. Make sure to stay away from these brokers as they will not keep your funds safely.
Why have they failed to post any details regarding their licensing? Entire website lacks any valid registration details which is quiet odd. Make sure to stay away from such brokers with no known valid licenses. Investors are depositing funds to an unknown third party. In case investors want to recover their funds, it will be next to impossible. No one knows where these fraudsters are located and they shouldn’t be trusted. Stay away from these scam artists who prey on unsuspecting online investors.
Tra Markets is furnishing users with two different account types. Users can choose between ECN accounts and SWAP Free accounts which have Islamic account features. A huge problem with these accounts is lack of proper information. Once you visit their account’s page, there’s no details regarding features and trading conditions. Make sure to check what each account is offering before signing up. Some claims on ECN account are fake such as having automated trading software.
When it comes to funding accounts, Tra Markets has this area well covered. Investors can deposit funds using MasterCard, Neteller, Skrill, and Visa. They have used these depository channels to target all investors. A big problem still remains withdrawing funds with this broker. No member is being allowed to withdraw funds unless they pay back their initial bonus. And this is where we draw the line with Tra markets.
Another perturbing issue with TraMarkets is lack of a demo account. Why have they failed to offer users with a demo account? These scam artists have clearly dropped the ball with lack of a demo account. They expect investors to open an account without having to test what’s on offer. These are scam artists who don’t want members knowing they are a pure scam. Stay away from such scam artists.
Another issue we found with this broker is having an unstable platform. Although they claim to have MT4 trading platform, it doesn’t have proper security measures. Stay away from these lame brokers who have not installed even the basic of security features. After a while, we are sure hackers will take advantage of this loophole and steal credit card details. Your personal information is also at risk as hackers will use them to acquire loans. Stay away from platforms which leave you vulnerable to third party attacks.
Go for brokers who are credible and dependable at all times. Genuine and honest brokers will ensure your trading experience is worthwhile. Make sure to sign up with brokers who have a proven track record. Choose brokers who have a stable reputation and are reliable at all times. What are you waiting for? Sign up with leading and trusted brokers for a fruitful and safe trading experience.
How can funds be safe with a broker who is anonymous and unlicensed? Why have they failed to notify members how they handle funds? Where do they bank funds deposited by members? These are scam artists who have a hidden agenda which we will expose. They simply want investors to sign up, deposit funds, and run away with these funds. Is it possible users are depositing funds straight to owner’s bank account? Yes, this is likely the case. Stay away from this broker.
Another shocking issue we are facing with this broker is segregation of accounts. TraMarkets is merging assets in one account which is extremely risky. Whoever signs up with TraMarkets should expect a horrific trading experience with no compensation. Tra Markets is not participating in any compensatory scheme as dictated by law.
Lack of proper license and anonymity drives us to the conclusion Tra Markets is a scam. Make sure to warn your family and friends from signing up with this broker.
Adding this broker to our scam blacklist will help protect our readers. Stay away from this and any other broker who shares same characteristics.
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Wishing investors a fruitful trading experience.
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