TrendsMacro is another offshore broker trying to work their way to the top. The broker has several red flags that we must point out. With investors using impulses to sign up, we urge you to take a moment to read this TRENDSMACRO Review. What we found out regarding user experience will shock you. The broker has no remorse and blocks members from accessing and withdrawing funds. This offshore broker must be exposed. Learn what we found out regarding this broker trendsmacro.com.
One of the safest ways to trade is using a proven broker trusted by the trading community. Signing up with a broker offering fair and transparent trading conditions is the right step. You get to experience first-hand the professionalism of a real broker. Members also sharpen their trading skills with the help of learning materials from these experts. Make the bold move today and sign up with leading and noteworthy brokers.
TrendsMacro claims that technology is the backbone of their platform. They claim to have 100 percent secure online trading services. Once you land on their about us page, you will see how the broker pampers their services.
The broker uses fancy words to lure investors into believing that this is the next IQ Option. Thanks to our keen eye, we know how to spot scams from a mile away.
With a clean website design, the broker scores points with the look. The website even has a sliding tab for options and derivatives, making it look professional. It points to a broker who has experience in online trading and website design.
From the look of things, one would easily fall for the website. Before you make such drastic measures, there are a few things to note. Despite having an aesthetically appealing website, we can prove their illegitimacy.
Opening an account with the broker is straightforward. It would be best if you had an email, phone address, and name. We found the verification process to be full of suspicion. The broker asks for bank statements, credit card numbers, and copies of your ID.
Only payment companies or government institutions require such documents. There’s reason to believe the broker is harvesting banking information from wealthy members.
On their affiliate page, there’s a call to refer clients and start earning in 2 minutes. Affiliate members are also victims of this broker. Those that have already directed clients haven’t received their commissions.
Victims are also blaming affiliate members for directing them to a scam trading platform. The broker uses affiliate marketers to widen his trap and get more clients.
The broker offers six assets for trading. These trading instruments include currency pairs, energies, futures, indices, metals, and shares. Leveraged is capped at 1:400, which is far from set maximum leverage by most regulators. The United States sets a maximum cap of 1:50 while European regulators have it at 1:30.
With the broker knowing about trading, they understand what investors want.
According to information on the website, Ascana Group Ltd owns this platform. The website claims that the company resides in the Marshall Islands. We did a quick check using the Company registrar.
There’s no company existing under such a name, leading us to believe it’s an anonymous platform. That’s the reason we don’t get any names of the people working behind the platform.
Anonymous investing and trading instruments are a huge risk. We don’t recommend using anonymous websites for various reasons. There’s no way of contacting the owners once you deposit funds. It’s what has been happening for the past few years.
Some of the victims who have come out show how the broker behaves once you deposit funds. All seem to share the same experience on how the broker used to call them even at odd hours. The broker would urge them to deposit funds and promise to double it within a week.
Once the client deposited, it’s the last time they heard from the broker. Accessing their accounts is now impossible as the accounts are blocked.
We don’t have the exact date this website went live but, their IP gives us an idea. It looks like this is a short-term website owned by professional scam artists. The IP history shows 4 changes over the past 14 years.
This is proof that the broker will soon shut down the website. With complaints now heading to regulators, they will have no other option but to close shop. This way, the broker will have no other way of scamming investors.
TrendsMacro offers four account types to investors. These accounts include Bronze, Silver, Gold, and Platinum. Bronze account holders deposit $250 to start trading with the platform. Once you deposit, the broker calls you and urges you to deposit $500 to double it in a week.
If you do that, the broker will use every trick in the book to want more from you. All accounts come with an expert advisor except the Bronze account.
Claim of having an account manager on all accounts is false. The broker uses call agents to act as professional account managers. Call agents earn their meal ticket by earning commissions with each deposit.
You will notice that the call agents only call asking for more deposits. There’s no one time they will offer any financial advice. And this is a trick used by skilled online trading scam artists.
We did manage to locate the exact place the owner resides. The phone number has an Austrian code that says it all. Despite having a parent company in the Marshall Islands, TrendsMacro is another scam.
The people behind it avoid regulation by affiliating with offshore locations. Trying to contact the phone number is fruitless. The only time you get a call is if you bait the owner. If you claim to deposit a large sum, the broker calls you.
We find two depository options available on the platform. You can deposit using MasterCard or Visa. We don’t recommend depositing as there’s no chance of withdrawing funds. Withdrawing funds with the broker remains to be the biggest obstacle.
This year alone, no one has come out with proof of withdrawing funds. It’s why you should avoid signing up with this ridiculous broker.
Although the broker claims to offer an MT4 trading platform, we don’t see the advantage. You may use the platform but won’t get the chance to withdraw funds. Once you get a real trading platform such as those we recommend, use MT4, MT5, or SIRIX.
These three trading platforms offer a huge advantage to users.
Expect no security of funds from an offshore broker. The broker does not segregate accounts and transfers funds to a personal bank account.
We have reason to suspect the broker is also using hackers to clean out banks accounts. With your ID and card details, they can buy goods online and pay them with your card.
TrendsMacro is a scam that investors should avoid. There’s no actual trading taking place.
We urge investors to shun the broker and avoid interacting with their call agents. Authorities will soon shut down the website.
Choose wisely and invest with reliable trading experts with years of trading experience. These investors have what it takes to take your trading to the next level.
We wish you all the best.
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