Read our Tedex review to see if we recommend this broker for trading. Just to clear doubts, this is a tedex.co review. They also use tedex.life and tedex.live domain.
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 Tedex 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 Tedex 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.
Tedex Review Conclusions
Making the Tedex 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 Tedex 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.
SCAM SCAM SCAM Starts with $250 and pressures for more investment shortly after other trading will stop, no withdrawal process so need to log a request which never ever gets actioned, you will never ever get your money back
https://tedex.co/ is a scam!
First time ever I had scamed , it was a website what used one of my country popular and trustworthy desinge , and there was a post in facebook , what I had checked (sadly) Elon Musk has started an amutomated crypto transaction system to help the others…
So I didn’t think to much , because I thinked that is that webpage what I regulary read (I was wrong , it was just the same designe but the url was very different…)
I said well let’s give it a try, meawihle when I was registering to the site I get called , form the united kingdom and I was talking with (Philip Andersen) a guy who started to talk about their company and everything so in the end of the day I payed 500 euro to let’s get start it… After a month long I was talking with a personal managger (Ariah Scott) and also here is a phone number:+447810609861 who wanted me to pay more because it is a great oportinity blah-blah.
I realised maybe in the first hour after I paid I get scammed, but I wanted to know how long can they trying to get more money from me. Every morning they started a talk with me , like good morning how are you today ? Did you see the news ? etc .
After I didn’t payed more then the starting 500 euro and with every day I refused to risk more money into it , they give me an option to withdraw my money to make sure this is not a scam so I started the withdraw process , then they just ignored me for a month.
Then a (Michael ) named guy called me ( from this number: +44208097022 ) to hey you are one of our clients and you want a withdraw do you plan to invest more in the near future to this company ? Then a week passed and I find this post , so here is my review.
There is no money back !
No one is suprised, I have this little information maybe somehow will help for someone ^^
Tedex.co is Scam. There is no money back !
Never click to there website.
Unfortunately also fell for their scam – and as transfer is in BTC now – and lost a lot of money. I also clicked on an advert in Facebook and on their link and actually it had nothing to do with the initial report. DO NOT USE TEDEX by no means!!!! The two phone numbers used by them, were: +46 844689473 (Sweden), apparently landline, and +357 96831502 (Cyprus) via WhatsApp.
I fell for the Same stunt. Read a News-Article that said: Some prominent buisness figures had invested in it and it’s easy to handle. Got startet by putting in the min of 250 and wanted to withdraw within an hou, no chance. I’m still trying with my creditcard company, but i guess my money is gone.
Lo mismo o peor me ha sucedido , me insistió pra hacer un crédito en mi banco y ahora con el pretexto de pagos de impuesto me piden más dinero y no voy a pagar mas, me han estafado 12,800€
A mi Me han estafado 24000 EUR y ahora para retirar el dinero pide que pague 10% del importe ganado para pago de impuestos ante autoridades de Inglaterra.
Conferma assoluta che si tratta di una truffa ben organizzata attraverso pubblicità su Facebook, fate attenzione, vedrete anche il giornale La Repubblica e tante altre cose. Prima di versare qualsiasi somma accertatevi prima del sito, non fidatevi se è TEDEX.CO oppure TEDEX.CC.
Ultimo tentativo che hanno fatto pochi minuti fa con numero di telefono +35796621061, chiamandomi dicendo che era il sostituto di GIULIA ( colei che all’inizio si è occupato del mio trading) dicendo si chiamarsi JONATHAN Milnes, responsabile della società, vi fanno scaricare helpdesk e si collega al vostro pc cercando di aprire i vostri account bancari. L’altro numero che usano è questo +441628560357. Dobbiamo solo sperare che qualcuno li fermi e se ci darà la possibilità di riavere quel poco che è rimasto sul conto.
My story is the same like Natalia. They are demanding more and more money for the withdrawal (commission, late payment, guarantee of withdrawal, etc.). 53,700 euros have been cheated from me. I just hope authorities.
Does anyone know what to do to close the trading account? I invested 250eur and I filed a chargeback, now I’m praying for the best but I want to delete the account but I don’t know how?
Does anybody know?
Purtroppo ci sono cascato!! Ho fatto anche io il deposito di € 250.00 con un credito a loro dire aggiunto da loro di € 30.00. Dopo un primo approccio sono stato contattato da un fantomatica Morena Leoni la quale mi ha chiesto il contatto con Viber e si è sempre rivolta a me con toni troppo affettuosi e ammiccanti. Alle mie domande ha sempre risposto con senno di causa, dopo i primi giorni il mio capitale era raddoppiato, a quel punto ho cercato di rientrare poiché ho letto le varie recensioni negative…purtroppo dopo aver versato con bonifico i 250…a oggi sono riuscito a rientrare di €100.00 euro tramite vari stratagemmi, me li hanno versati sul mio coinbase aperto tramite loro, da li mi hanno seguito e versati sulla mia carta…almeno 100. Ora vedremo per il recupero degli altri 150 ma ho proprio paura che non li vedrò più. Cio che mi preoccupa è il fatto che per aprire il conto ho dovuto mandare i miei documenti e la copia della carta di credito. Però durante le varie procedure di apertura del conto ho avuto qualche perplessità su come trattavano lo scambio dei documenti e quindi ho inviato delle foto non del tutto conformi agli standar (carta di credito senza angoli e come documento d’identita copia della Patente). Comunque ora non so come agire, loro non ti permettono di prelevare i tuoi soldi in autonomia. Devono essere loro ad approvare lo spostamento su Coibase.
They took 118,000 euros from me. Manipulation and bullying for months. Blackmail with new payments if I want the money back. In the end, they still promise a payout if you only pay a profit commission. And of course they take everything, delete your profile on tedex.co
Ii invest 7250 Euro and my money it’s gone, it’s no way to get back the money.
Don’t try whit recovery scam company’s its the same a scam, ii try whit 3 different company’s to get back my money and ii fall in classic way, just promises….
What you can do, to report them everyvere…
II hope somebody to report and kill this creatures which take money from the people.
STAY AVAY FROM THEM!!!!
Tedex is a scam company. They asked me to make the payment of 250EUR through crypto and after that shown me a lot of profit. I was greedy and invested more update 15000EUR. I lost the funds undoubtedly they are a scam.
(1/5)
I opened an account with BitQL, having seen an advertisement on ITV’s “This morning” programme in May this year. I was then put through another website to have the account registered. I received a phone all from Mr Alex Bennett,a broker from the company and he encouraged me to leave the deposit of 250 USD. He went through the trading process and showed me a balance of 800 USD in July.
I tried to withdraw the balance but found I could no longer login to my account after I made an application. I contacted the broker. He told me this was a deposit account and I could not withdraw anything,
I have made many phone calls to the broker and sent text messages as well as emails but I do not get any response.Up to now the withdrawal has not been completed.
Such a scam!
(1/5)