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TradeQuickFX (Tradequickfx.com) is another Binary Options, Crypto Currency, and Forex scam to hit the lucrative trading world. Trade Quick FX is purporting to offer outstanding customer support coupled with privacy. TradeQuick FX is simply trying to attract many newbie investors as they possible ca. It turns out, the ones they have already start smelling a rat with this bogus platform. Read this genuine and honest TRADEQUICKFX Review for more details.
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Members have been coming out with touching accounts of how their funds have been stolen. Once they deposited with this platform, they expected to withdraw funds with no problems. With some of them trading for almost a month, they decided to withdraw the profits earned. It is when trouble started brewing as no one is allowed to withdraw funds. With such a platform on the loose, we must expose it and protect other newbie traders. Want to know more, read this entire review and find out the truth.
TradeQuickFX is another cloned website whose owners are targeting Canadian and European investors. Scam artists have been known to design websites which look and work like trading websites. The only difference is they are cloned to produce trading signals and never allow withdrawals. Members can deposit funds and see the funds reflect on the accounts, but they can never make withdrawals. It is what makes trading with this scam platform a huge problem. No one is allowed to make any withdrawals.
Looking at their about us page, it is clear to see TradeQuickFX is nothing but a sleazy platform. Details are posted showing the platform has offices in Canada and the UK. It should be known that scam artists will do or say anything to make their platforms appear legit. Scam artists have been known to post fake residency to attract investors of that region. TradeQuickFX is doing the same thing by posting random UK details as well as using a virtual phone number. It is best you stay away from this platform.
Anonymity is another huge red flag we spotted with this platform. Why would they fail to name any of the experts on their team? No one knows the names of the founding members of this platform. It would be okay to name people who are tasked with handling funds. Investors are clearly trading with a platform which is completely anonymous. Anonymity is a scammer’s best friend as it allows them to scam users without a trace. It is why we need to put an end to this platform.
Another disturbing revelation with this platform is in regards to license and regulation. If this platform is licensed in Canada, you would expect it to be recognized by Canadian officials. The Investment Industry Regulatory Organization of Canada (IIROC) does not recognize this platform. The Financial Conduct Authority (FCA) in the UK does not have any platform licensed under this name. It is clear we are dealing with a platform which fails to have any valid credentials.
A smart investor should always sign up with recommended products for safe trading. It is good to go for brokers who have been regulated by international recognized bodies. Platforms licensed by ASIC, CONSOB, CySEC, FCA, NFA, and SEC are safe to use. Without a valid trading license, it is clear TradeQuickFX is not mandated to conduct any Forex trading activities. Funds are never safe with a platform whose license remains a mystery. It is best to stay away from Trade Quick FX or become their next victim.
After conducting a thorough search, we found no advantage of trading with this platform. Trading with a platform which is anonymous and unlicensed has its dangers. No one knows where the funds are kept which means the owners are pocketing the deposits. Another problem with this platform is lack of any valid credentials to prove regulation. Your money is never safe with an anonymous platform.
TradeQuickFX is presenting members with four different account types to choose from. Accounts are listed as Starter, Premium, Deluxe, and VIP. What we noticed unethical with these account types is the guaranteed profit after 24 hours. No expert or robot can make a guarantee of ever making profits. The markets are always volatile and prices change from time to time. It makes guaranteeing profits next to impossible. Accounts listed here are nothing but a trap for investors to fall into.
At the bottom of their homepage, one can see the depository channels listed. Depositing is easy and fast and takes less than five minutes to deposit funds. What still remains to be a huge problem is the withdrawal process. The entire website has no information on how and when to withdraw funds. It is why no investor has been able to withdraw funds with this platform.
Without a demo account, users are signing up blindly. A reason why a demo account is important is that it gives traders a chance to know more about a platform. Is their platform stable enough? What are some of the features traders should expect with the real trading platform? Remember to check out a demo account before committing to a real account.
Another huge problem with this platform is having an unresponsive chat support. If you look closely at their website, it lacks a proper live chat support dashboard. With today’s technology, the least you would expect from a trading platform is a bot chat service. We are not for bot customer support, but they do answer some relevant questions. Once you send an email to these brokers, expect a response after two weeks. Investors should stay away from such platforms.
How can funds be safe with a platform whose security features lack credibility? Without DDoS Protection and SSL Encryption, hackers can easily take advantage of this platform. Another shocking detail with this platform is in regards to segregation of accounts. It has come to our attention that TradeQuickFX is pooling funds in one account which is dangerous.
Evidence clearly shows we are dealing with a rogue platform. To stay safe, you need to mark all their emails as spam and never click to any links sent. It is why you should warn your family and friends from joining this platform. Once you receive calls from their agents, ignore and block them.
Adding this platform to our scam blacklist will ensure our readers are kept safe.
Wishing all investors a happy trading period.
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I have been scammed by this people and I have lost money…alot,they are very clever and organized be carefull especially South Africans
I think I’m in the same boat. Got asked to pay in R20k for payout… red flag
I think I’m also in the same boat.They asked me to pay some money in order for me to get mya profit. They said my account is overloaded with profit yet I’m it’s my first investment. So I need to deposit some money to COF to work on my account.