Tradespeck Review

Read our Tradespeck review to see if we recommend this broker for trading. Just to clear doubts, this is a review.

Is Tradespeck Legit?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous for scamming schemes.

So, Tradespeck is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.

How does the scam work?

Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Tradespeck reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back Tradespeck?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.

Make sure you leave Tradespeck reviews in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Tradespeck, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.

Tradespeck Review Conclusions

Making the Tradespeck review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Tradespeck review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

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  1. This company lures you in and wants you…
    This company lures you in and wants you to invest a minimum amount of about 250 euros. The first days you will see a fantastic result. Then they call you with to persuade you to put in as much money as you have available. They even advise that you should take out a loan. If you want to be careful, they say that you are not doing well with your minimum investment. You have to invest more or you will lose value on your investment. I fell for it once and invested 2000 euros extra. You guessed it; this was also insufficient according to Tradespeck. I didn’t want to invest any more, but i wanted to close my account. They couldn’t do that right away. After a few weeks, the value of my account was even negative! The company is fake. The address listed on their web page does exist, but according to the landlord it is not rented by Tradespeck or any similar company. They call with an internet phone that allows them to use any country code they want. Each time they call you will see a different number in your screen. You can never call them back. You can only transfer money using Bitcoin but not via a normal bank transfer as is possible with every reputable trader. Be warned, don’t fall for it!


  2. Hello

    Tradespeck is a scam, not sure if this was not written by themselves. In order to get your money you have pay more money, sounds like BS


  3. These guys are a complete scam.

    I am ashamed I have to give 1 star. And stars given are not legit and from their own sources.

    The original consultant said the commission (10%) came off when they return the investment. I have just tried to withdraw some of the so-called profits and they have said I need to pay them the 10% prior to them releasing (as per the previous review).

    I asked for an email with the policy and he refused and said the ‘Geneva’ site was shut and couldn’t send.

    Should have thought more considering they try and ‘mirror’ your screen when setting up and only call on telegram are non-traceable.

    Money lost but lesson learned and hoping to help the greater good.

    Their last response to the same type of post had no conclusion and I will post every day to warn others.



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