Trading Epic (Tradingepic.com) is another Forex Broker that has graced the Forex trading world. It claims to be based in New York and offers Forex and CFDs. Trading Epic is offering members a payout of up to 95% with what they claim to be a “safety investment.” These brokers offer guaranteed results and claim to be backed by prestigious financial authorities. This product is offering users to choose between MetaTrader4 and MetaTrader5 trading platforms.
You should know that this product offers web based platforms. A demo account is not available with this Forex brokerage making it difficult to track their trading conditions. We also uncovered a sad truth that Trading Epic is not regulated as they casually claim. If you want to invest with this product, we urge you to read this detailed review. You will find some disturbing facts that will make you shiver.
It should be noted that there's no known company that is behind Trading Epic. The Website is anonymous except for a New York contact address. This makes it a dangerous brokerage firm to deal with. You should know that the address could be just a post box with no real owner.
This product claims to be highly regulated and backed by prestigious forex trading companies. These claims are all lies as we will prove it to you. We searched through a whole constellation of financial regulators both in the US and abroad. Commodity Futures Trading Commission and Financial Conduct Authority don't know what Trading Epic is.
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We also contacted the Cyprus Securities and Exchange Commission and Financial Services Board of South Africa. They both claimed no knowledge of Trading Epic being registered with either of them. We went ahead and contacted the International Financial Services Commission of Belize. All these international bodies have not registered Trading Epic. This made us conduct a more thorough research.
Here are the benefits of trading with tested and expert-backed trading robots that guarantee safety and furnish investors with reasonable ROI
These robots offer an advantage in that they offer trading without any emotions and use raw data to speculate the markets.
Unlike humans who are likely to get swayed by human emotions, robots will only use market data to place informed decisions.
Robots make trading routines simpler as they help navigate the volatile markets to make wise decisions. Algorithmic trading means you don’t have to place each trade manually as the bot can execute trades for you.
No trader can trade with the speed of a robot and thus gives traders a chance to have multiple open positions. With these positions, you get the best in terms of productivity. These are the best options for getting a robot.
The right robot ensures you enjoy fast execution of trades with ease. These robots offer a much-needed speed when executing trades.
You get a trading platform that ensures you have what it takes when engaging with the markets and isn’t slow to make decisions.
Based on the parameters used by the trader, the robots will act and trade efficiently using set strategies and styles.
And this ensures every trader can take advantage of the market by infusing their preferred settings such as leverage and spreads.
You also get to trade with other styles provided by experienced traders who are also using the same robot.
Copy trading is one of the best ways to learn trading as it helps investors generate more in terms of revenue and following actual experts on the front seat.
All the above registers have no clue what this product means. What does this mean? Trading Epic is not registered anywhere on the face of the planet. Financial Conduct Authority (FCA) has issued fresh warning against Trading Epic has been issued. This product is being accused of targeting UK based citizens without proper authorization.
This product is operating illegally and should be shut down according to financial authorities. It should be noted that all European Union countries, USA, Australia, Canada and Japan have strict regulations. These countries impose a $20,000,000 mandatory operational capital for Forex brokers who want to offer brokerage services.
It should also be noted that this product is also offering binary options bets. By now, you should know that Binary Options bet have been banned all over Europe. Other regulated forex markets are also following suit. This makes Trading Epic a suspicious trading platform to use.
This product is claiming to accept payments through wire transfers, Bitcoins, Debit Cards, and Neteller. What is more suspicious is that Trading Epic does not work with Skrill, which is a popular E-wallet. Skrill recently issued a warning that they will not be dealing with brokers. Instances when Skrill deals with brokers is when these brokers can prove they have proper documentation.
These brokers are tested and proven to earn real profits for members. Try them out instead of dealing with Trading Epic.
This product is also asking for a minimum deposit of $250 which coincides with what legit brokers ask. It means they are asking for what legit brokers ask for to try and legitimize their platform.
Scammers are known to employ a lot of clandestine companies to run their illicit activities. This product no exception as it tries to scam people investing in Forex. This brokerage firm has employed call centers and bot crypto scam websites. These crypto scams are known to attract the most gullible investors. They promise rocket high returns that are risk free, according to them.
Initially, you will not be asked for a huge amount of money, simply $250 as signing up fee. You are then asked to provide them with your email and phone number. Once you register, you're transferred to a scam broker. This broker urges you to make a deposit of $250 to start trading. You will be surprised by how fast and successful your trades will be. Note that this is part of the scam.
You will then start receiving calls from a so called Senior Account Manager. This manager will try and convince you to deposit more in order to win more. This is when they start asking for huge amounts of money, over $10,000.
Too late because members don't know they have been scammed until they want to withdraw their funds. All of a sudden, it turns out that you cannot withdraw your hard earned money. They claim that you have not reached a minimum trade volume requirement. Scammers link this trading volume requirement with any bonuses you accepted. These scammers will NEVER send you back your money.
One of the first step you should take is file a chargeback with your credit card holder. MasterCard and Visa are allowing an extended period of 540 days. If these scammers have your credit card information, its good you block this card. You should also change your online password information in order to protect your funds.
Never trust these recovery agencies who claim to recover your lost funds. Recovery agencies will put you into more misery. They start with asking you to make a deposit so that they can start tracing your money. Once you make this deposit, they will run away with your money without a trace.
YES, Trading Epic is a Scam that should be avoided at all costs. We have received numerous calls and emails from people who have lost with Trading Epic. Our advise is to stay away from this fake Forex trading platform.
Due to the proof we have provided, we have no other option but to blacklist Trading Epic. Stay away from this product if you want to protect your hard earned cash.
Recommended Forex Brokers are trusted and tested, meaning your money is secure. Try them today.
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