Read our Traders Pros review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a traderspros.com review.
Who are they?
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 notoriously famous for scamming schemes.
So Traders Pros is just another unregulated forex broker, which means the customers are not 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 it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying 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 $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
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 does not 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?
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 a 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 you were deceived into depositing for a trading company that is not regulated and 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 us at [email protected] but do not let your broker know they you read this article or that you are in contact with 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 that 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 the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. 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 do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Traders Pros in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, 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 please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Traders Pros Review Conclusions
Making the Traders Pros review is actually a pleasure for us, and we hope to save as many people as possible 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 Traders Pros 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.
Yes, Traderspros is a scam . Stay away. Don’t bother to invest money with this scammers. I paid 250 euro deposit and then I got a phone call from a guy demanding more money because the initial deposit was to small and wouldn’t be profitable. They also want to access your pc remotely pretending that they will teach you how to use mt4 platform. Sooner or later I will make sure I get my money back.
TradersPros is a scam. There is a guy there named Leo Bianco pretending he’s a trade manager but actually he uses basic scams (Anydesk remote access to IOS/Android platform in conjunction with speedybits online payment service) to get the money from your bank account. If you ask for refund your money they ignore and go on with the cover story of brilliant investments.
SCAM ARTIST stay away from them. will not let you withdraw money. continually say that your not verified!! SCAMMERS
I hope others are not reading this when its too late.
Scam! They just told that my 250eur deposit are for the bot management!
And in this case I loose them!
Wasn’t for account opening!
Every single day you get calls from a different account manager!!
Pretending they have big events and big opportunitys!
I have 7 refund request and still nothing happens!!
Plenty of emails and they answer that only the account manager can get the approval.
As I say every day it’s a new account manager calling you and they even don’t know about the previous account manager when you mention they’re name!
So, everything you found on social media for just 250eur!/ Bitcoin lifestyle it’s exactly what I have related.
And what I read above!!
Can’t believe I talked for this scam 🙈 200rmails later and getting nowhere have contacted bank wasted to much Time in this. They probably want you to get bored and stop trying. It’s more principal now
Scam. I was caught via toolestrades.com . The best free signal provider.. it you open between three and 7 brokers of there choice. I sent 250 to traderspro. Then they started harassing me for 10,000 or 5000 or 1000. I said no. The account manager called me aliar that he knows that I have 1000. Then I tried to withdraw. That’s where the nightmare begins. One month now and the withdrawal is still being processed. This Sunday someone tried to 390 via a nintendo account. So it’s just as the internet says. First deposit then hunt for more then illegal transaction. All is a scam toolestrades and traderspro. Even traderspro accreditation is a fake. I also lodged a complaint there too… Now it’s time involve the police and my bank. Scammers nothing more nothing less.. stay away from toolestrades and their band of crooked Forex brokers
I wanted to register in the yuan pay group of Chinese crypto currency but when I registered it seems I was registered in the traderspros platform. Some seconds later i got a call where they are trying to convince me to invest. As I told I need to think about it they give a deadline to respond next day(today,Saturday). Of course I will not invest but how can I delete my account will be a big problem to solve as I can see.
As it was strange for me I tried again to register in yuan pay official website and when I registered it seems I open an account on the lucrom.com.so it will another big problem to delete the account.
I agreed with you all . Everyone writing this is true happened to me too . I Open account on10/3/21 The account manager Jeff smith from treaderspros he will ask you to download AnyDesk app to remote access to my account and laptop . I sent 250 to traderspro. They done 3 times transactions for £750 with my different bank card . Jeff will make you believe you can withdraw money. Open speedybits open binance for bitcoins, open crypto . Which he did for €450 and will called everyday make sure you had the money into your bank. Stat your investment made profit and he click on button on my screen to blame on me click the wrong profit button you now need to pay £900 Insurance for this Otherwise will Losing all your money over weekend . Market will closed on Friday . I feel so stressed to continue after few days , so I decided closing my acc and I have 4 withdrawals request and still nothing happens! they can see your request . Financial manager Ben Russo called. He will pretending help me explain money I paid from credit card they have to pay back on credit card but He stealing £2850 not successful. He raise he voice to ask me bank passcode .Beware !!! He send me email afterwards nothing to say…..Just say have a good day. And then he will called 6:50am 4-5 times disturb you. They will keep call with differences number and stuffs .I had Steven , Jeff smith , David Adam , Ben Russo .
I need to involve the police to stop this and hope other people see this . Do not trust this treaderspros broker they all scam..
Is anyone advise how to get money back ? Please give advise ?
I hope if any of the investigation they can closing this treaderspros from online . Will stope people deal with scammers.
I am in the middle of this right now. Leo Bianco is my advisor. I think I’ll in wag over my head – they did the “join Sagatrade” thing and and got me to transfer money from my bank through NDAX. This week They called ME to do a withdrawal, and now they say that my transfer is “stuck”. Do I go to my bank and the police?