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TradingOn is a forex broker that aims to reach massive investment gains through their alleged services. However while in the quest to prove their legitimacy in this unbiased review.
We go through some of their features the same as we do for positive reviews. Scammers will always try their best to seem professional and you should be watchful of such traits.
Similar traits are observed in TradingOn as it promises clients top-notch services. Yet no evidence of any qualification is available.
If at all they had any qualified personal then relevant info of the some can be used to attract customers. Therefore right from the beginning, we question their transparency and they seem to have a hidden agenda.
There are legit tried and tested forex broker that will generate reasonable investment returns on your funds. Choosing anonymous forex brokers will only be a pathway towards heavy unwanted losses.
The founders of the platform are also not mentioned anywhere. There is also no location address to their whereabouts and this is a major red flag.
Tradingon.io Review
Tradingon.io may not last in the market for too long. Once they get shut scammers will easily result in opening new platforms and try to rob innocent traders.
Trade performance for a certain time frame should always be shown to clients. Numbers do not lie and if TradingOn was making the alleged returns the same should be proven through trade data.
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Therefore you should at least see verifiable trade history most preferable through MyFXbook. Trading is not Childs play and extensive knowledge and research should be applied before any investments.
TradingOn is easy to maneuver and once you complete a successful sign up you start earning. Moreover, the main question is how you expect to generate the said returns. The platform exposes murkiness and seems to only be orientated with your deposits.
They expose multiple scam traits and they even use made-up charts and graphs to seem legit. The graphs only show profit being generated and very minimal losses.
Nevertheless trading just like any other business you may encounter losses while trading. There is therefore no such thing as constant profits.
The trading world faces a lot of volatility and how Tradingon.io plans to tackle this challenge is also not known. There are reasonable forex brokers that have risk measures in place to curb massive losses of funds.
The main tradable assets are: Commodities, ETFs, Stocks, and currency pairs. The platform has constant leverage of 1:400. The parent company for TradingOn is Netbit LTD which is based in Estonia.
Moreover, they support two trading platforms MT4 and the other uses its own software. Meta Trader4 is a well-established established platform and is highly considered for trading.
They do not have any trading plan that you can rely on hence how your funds will be used to generate profits is not known. You risk dealing with brokers who do not hold any license to conduct their operations.
TradingOn should not be trusted with any of your funds considering their structure of the operation. There is no information available for the founders of the team behind the platform or their qualifications.
Therefore you will only be attracting massive losses or even risks of sharing delicate information. Anonymous forex brokers will always have a hidden agenda.
They do not have any positive feedback you can use to assert profits are being gained by traders. There is no one also seen to conduct successful withdrawals most traders are even complaining to have lost hard-earned money.
Nevertheless, the fact that mort traders are complaining to have lost funds should be taken as warning signs. Not to exceed further because the result is not likely to change once you fall for their lies.
Transparency should be your top consideration before earning trust in any investment firm. Tradingon.io lacks a lot of relevant data and they show murkiness in the style of operation.
The use of fake testimonies is common among scammers and very easy to recognize. Meanwhile, this is just a marketing strategy that is in place to lure you into depositing funds in their accounts.
The use of stock images of happy investors is visible in TradingOn. These names are entirely made up and the real people whose images are used have no idea or relation with the platform.
During our research on this investment firm we actually came to the realization that multiple traders are complaining. They have lost massive returns and communication ceases despite being assured working customer support.
Legit forex brokers showcase a high level of transparency and you can easily verify the regulatory data they provide. TradingOn does not reveal any regulatory data and risks facing closure at any given time with all your money.
Come to think of it perhaps the main reason the founders’ information is not revealed. Might probably be because they are at risk of facing criminal prosecutions and heavy charges.
Unregulated forex brokers rarely follow any trading rules and they easily break them whenever. Due to the vast competition in the market, the number of scammers is continuously increasing.
However different countries decided to come up with measures to protect their citizens from scammers. TradingOn does not fall under any regulator and this is a major warning towards traders.
They do not prove any licenses and they even try to hide their murkiness using registration data. There is a difference between regulation and registration and you should not confuse one to be the other.
Working contact support is important in earning the traders’ confidence in the company. Tradingon.io does not have any physical address info or telephone contact and this raises questions on the platform.
There should always be legit information of the founders that you can easily verify and know the qualification they hold. Nevertheless, trading may involve the exchange of personal information that may fall in the wrong hands.
TradingOn does not seem to have any fund safety and once you fall for the catch your funds may be swindled. With no trace left behind your details may even end up getting blocked from access towards any of their services.
There is no trading strategy or system performance that is explained to customers. The sales pitch is well presented and may easily attract new traders.
Meanwhile, for any investor with experience within the niche, multiple red flags are visible. They do not feature any demo account for traders to familiarize themselves with the investment firm.
Therefore it is only wise that you choose wisely and do thorough research before investing in any profit-orientated firm related to forex. The use of tried and tested forex brokers will surely generate reasonable gains.
TradingOn hides a lot of relevant data from its customers. This ultimately points out that there is a hidden agenda to swindle investor’s money. They also use testimonies that have no proof as evidence that profits were made.
The platform promises traders top-notch customer service, price alerts, and trading signals daily. However, how their system works is a mystery to its clients. Lack of transparency is evident and you should see this as a red flag.
No customer is seen to successfully withdraw funds from Tradingon.io. Nevertheless, most traders are complaining to be losing money and there is no feedback towards their queries.
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