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Tradesbase is outright trying to deceive investors of their actual intentions with the platform. Tradesbase.io is claiming to offer premium trading services to interested parties. Although some have fallen for their theatrics, we have to put an end to this platform. Victims are popping up everywhere with claims of not even placing trades, and yet, the balance is diminishing. It proves Trades Base is another ruthless broker defrauding unsuspecting investors. Ensure you get all the juicy details in this comprehensive TRADESBASE Review.
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Once you land on their homepage, the broker claims that this is a leader in the industry. We have to give credit for their professional presentation. The website looks sleek, and it’s one reason why most can’t see the red flags.
Thanks to our years of trading experience, we know how to spot the red flags. It’s our duty to keep online trading safe by exposing these rogue offshore brokers. Tradesbase is no different as their presentation doesn’t hide the real idea behind it.
Their opening slogan is ‘The Right Company to keep you Moving Forward.’ The broker claims to be one of the best Crypto and Forex brokers. That said, none of the experts and leading traders have heard of Trades base.
Most investors and traders haven’t heard of this broker which shows their inexperience. The platform is trying to buy a fun base by creating the impression they are well known.
Of all the lies they would go for, the scam artists decide to state that they have over 15 different accolades. You will notice that the link to their awards is broken, an indication that these are false claims. Scam artists will do or say anything to try and make their platform look legit.
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Stay away from the broker as there’s no award ceremony ever held for this broker. With the website barely four months old, we wonder why they would get an award.
Ownership of the platform is another bone of contention. No one has come out claiming to own this platform. Judging by the heap of praise they give themselves, we expected someone to show their face.
You would expect that the ‘best crypto and forex trading platform’ would have a face behind it. If it’s that good, surely owners would want to get recognition for their seamless trading platform. It’s not the case as this is another anonymous trading platform.
For the few months, the platform has been online, there have been several complaints. You would expect no complaints from a platform that claims to be the best. In fact, there’s not a single positive review regarding the platform.
The only positive comments are from unknown persons on their platform. Just below their homepage, there’s a testimonial page with persons claiming to profit from the platform. These are three testimonials from unknown persons who don’t even have a social media page.
To find out their online footprint, we did a thorough check using domain checker tools. The exact date the website went live was December 18, 2020. We could not find the registrant’s name, which clearly shows the owners want to stay hidden.
Anonymity is a risky feature in any online investment platform. These scam artists prefer to stay anonymous, so that contacting them becomes a nightmare. There’s no way of recovering funds once you deposit with them.
Tradesbase is furnishing members with six accounts. These accounts include starter, premium, pro, silver, gold, and diamond. The starter plan comes with a minimum deposit of $500, double the set industry amount of $250.
All these accounts come with a referral bonus and a welcome bonus. You also get free signals for the starter account and a 30 days free signal for the diamond account.
Before jumping to sign up hoping to receive a welcome bonus, you should know that these rewards are traps. Industry regulators are against brokers who offer incentives such as deposit and welcome bonuses. Once you deposit and receive a welcome bonus, you will have to pay it back.
The broker will insist on a new deposit equivalent to the bonus amount. Even if your account has funds to offset the balance, the broker demands a new deposit. That’s when trouble starts, as they will immediately freeze your account.
The available demo account doesn’t provide any relevant learning to investors. You only click whether the prices will go up or down. There’s no way of knowing whether the demo account’s probability has been rigged.
Most scam artists will ensure that users get 90 percent successful winnings to lure investors. It’s not a credible demo as you only get to try out with Apple stocks.
The broker clearly shows that they only accept Credit cards, Maestro, Solo, and Wire transfers on their banking page. We find it odd that a broker who claims to offer Crypto trading fails to have a Bitcoin depository option.
The major problem with this platform is no investor has made any withdrawals. Withdrawing funds from this platform is a task only left to Hercules. You stand a better chance of going to the moon than withdrawing with an anonymous website.
There’s a chat tab where the admin is the person who takes questions. Our first question was whether the broker has a valid license. It took more than thirty minutes to get a response. The admin first asked for our email and telephone number.
When we said no, the chat was disconnected. The US phone number is a virtual phone number that an assistant picks to answer redirect users.
Your funds are far from safe with a platform that is anonymous and holds no valid license. Once you deposit with them, you waive your rights for safe trading. Members are at the mercy of this unscrupulous online trading platform. There’s no compensation scheme as the broker fails to comply with trading regulations.
Tradesbase is a scam as the broker is anonymous and holds no trading license. You will lose your money with the broker. Please stay away and avoid giving anonymous websites your contact details.
All evidence shows Tradesbase is not a legal entity. With claims of residing in the States, we did a check with the CFTC and NFA. Both of these regulators don’t have a broker licensed under the trades base’s name.
We won’t be recommending the use of this platform. It’s a scam that is trying to rip off anyone that signs up and deposits with them.
The best way to trade is to get a reliable broker who the trading community has tested. Make the right decision and use top-rated brokers.
We wish everyone the very best in their trading.
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SCamm they never will pay , and trying ask for more . i am a victim be their brocker name is Kevin Cischke that is probobly stolen identity.