Read our Tredexo review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a tredexotrade.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 Tredexo 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Tredexo 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.
Tredexo Review Conclusions
Making the Tredexo 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 Tredexo 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.
Plz don’t invest in this.. they will not return your money I have lost 350 euros.
Hello,
Thanks for this detailed review on tredexo.
I started last week with his broker with a minimum of 250Euro. They traded for couple of days and now the sum is 300 + euros. Now, the agent working for me is asking for more deposits.
When I asked the personal assistant how to withdraw the funds as and when I require, he suggested to open a bitcoin wallet. In their website, there is only a deposit window, not a withrdrawal wondow.
this leads to doubt their credibility.
Please advise me whether i should trust them and invest or quickly find a way to get the refund.
best regards,
Jayaram
I totally agree with the above, this are scam artists who are working in regiosn they feel they can get away with it. Governments needs to crack down on these crooks and put them out of business or bang them all up in jail for fraud.
Deposited £250 with them some weeks ago.
Have subsequently discovered they are not to be trusted from your above article.
Am resigned to the fact that I have lost this money.
My question is how to close the account?
Constantly pestered with phone calls that I refuse to answer.
The figures they display on their dashboard may be just fiction I have no way of knowing. Thank you.
This is a 100%. If you make a withdrawal request, they will reject and money will disappear from your account after few days.
Tricky company, unreliable at all! Pushing the clients ask them to invest more and more!
this is just a scam please don’t invest with them I just lost 35000euros
I’m preparing a law suite against them would anyone be interested to testify
I invested £250 with the company some weeks ago and the their dashboard showed some gains over the next few days. During that time and subsequently the following weeks have been pestered with daily emails and more particularly mobile phone calls from all over the place. My blocked call list is now much greater than my contacts list.By email I notified them to close the account and took the loss of the £250.
Totally agree they should be exposed.
Hi Mike
How did you lose 35000 Euros?
Did they trade on your behalf and lose the money? OR
They refuse to let you withdraw the money.
I invest 1000euro at tredexo plotform in a short term project.The project is completed .I paid commission and loan amount 16500 euro in the form of btc from my btc wallet. Now in my tredexo account 123211 euro balance. When i put a withdrawl request they are asking 5% conversion fee, from euro to btc. Before this they send me abill with qr code . In that bill they mentiond that after complition of commission payment your amount will be wired in your bank account directly and they take my bank details and verified it. Now they are not sending my amount.
What is your advise in this matter. What should i do to got my funds.
Please help me i am in very tense
100% scam. They didn’t refund my 250pound. Sons of beach.
Total scam! You put a small amount, they show you that it’s getting bigger quickly and before you take your money back, they tell you to keep it in to join a bigger programme. They show you that your money is making amazing profit again. Then ones you want to get even a small amount back (even smaller than what you put in the first place) they want you to put more money to be able to withdraw your own money! So total scam! Stay away!
@Mike,
I’m Pravin Babu S, I’m from India. Even I have lost about £62300 EURO with this TREDEXO.
I would also like to join into your lawsuit. I have all the evidence on whatsapp and call recordings.
You can reach out to me on my mobile +91 8310502279 or email me on [email protected]
I have planned to go to International Human Rights Council taking all these evidence and sue them.
@Mohammed,
Did you reach company, did they send you money? Who is your broker?
We are victims of this company too. Same like by Mohammed Sirajudinn
I am also victim of this company. I also want to back my money. Please guide me.
My broker was Mia gorni. What about lexatrade. Is this also fraud. Please reply
@Mohammed, my broker is also Mia Gorni. I do not know what to do too. Did they refuse to send you money? Are they replying?
Got scammed out of €560 by these people myself. Tried to withdraw but then my balance shows €0.58
I really hope these guys get nailed by the law.
Definitely Stay Away, Very pushy to get you to move from Silver. Was told that was just a demo account, then wanted to get access to my computer, Dude said his name was George Verborn and was the manager. After a few moments of trying to upsell I guess he realized he wasn’t going to get anywhere he told me to f**k off then sent me a threatening email saying he had all my credentials . I replied and commented on his professionalism, they then locked my access to the account right away. Have nothing positive to say about them whatsoever.
Good news is, they likely think they have money from me but my account was opened somehow without me depositing anything.
Save your money, do not go near these guys.
Too bad you can’t rate negative stars, they’d get a minus 5
My name is Wanda Bierman I also got taken. They refuse to pay back money, they just ignore all the mails.
Did someone get deposited money back, how it is possible? Pls help, maybe you have contacts, I lost big amount of money((((
Why is the government not cracking down on these fraudsters, Sunak must know who they are.
Or is it because MPs are in on the scam too?
I deposited 250 eur. Dashboard showed profits of 100% over a month. “Vicky” my investor called at least once weekly updating me. Finally I asked her how to withdrawal a small amount (100 eu) and she helped me do that successfully although it took a couple of days. Shortly after I redeposited the 100 eu back. I haven’t heard back from her in two weeks despite many messages. I put in for 229 eu withdrawal 6 days ago. Dashboard continually shows “ in process”. I have resigned to the fact my money is gone. Glad it was a large amount. Ripoff company at the best.
I dealt with Tredexo a couple of months ago with 250 euro’s and was up to 490 euro’s and tried to outsmart them by getting some of my investment back . They released 121 euros and tried to get me to invest more. I refused and they quickly made stupid investments and lost 180 euro’s when I told them to stop. I finally got a hold of someone and closed my account and got another 82 euro’s back . So in total I lost 47 Euro’s. I had to get very rude and called them everything in the book so I got lucky. My advise stay away!!!! Strictly a commission based sales ploy and very unprofessional
My name is khatir yassir from morroco i wish i ve read this reviews before i dealt with trade tredexo,i make a deposit 500£ on january 2021 my first broker was MIA GORMY,she make me dream and show me how many money i ll won in one week (200£+500£ deposit) and strat to ask me 6000£ in february 2021 my answer was no more deposit,after triying so hard with the same negatif answer my accont was fixed at the same balance(700£)after two days i recive a call from THOMAS ERNST to tell me i was loosing a great opportinity to make big profit with futur world crisis and staff…he was very convicting and say that the company can loan me the total amont of 5000£ to begin to trade and make profit untel i give back the company loan,it was like he said i got 22000£ in my balance in just two weeks. i start the transaction for deposit of 5000£ i was luky because the system banking in our contry prohibed international transfer i try with cryptos and was able to transfer 1620£ and start a new transaction for the rest;and with seeing the profit in the platform it was illogical like how can i buy 4 bitcoin and get a profit by selling and get difference (bitcoin 400000$)my balance .22000£ SO. I TRY RESECHES ON THE NET THAT I WISH I HAD MADE IN THE FIRST TIME,and i was very choked by this testemonials of hundreds of scammed,so on the night i coulden t sleep and had one idee that make me having back my money ,I JUST WAIT thomas ernst CALL TO TELL HIM THAT I HAVE A FREIND WHO WANT DEPOSIT A 6000£ but want me show him that i can withrow from my balance( like proof of regular company you are) and i tell him that this freind loan me the money i give them,and i ask him to report this to his CEO and i will not deposit the rest of the company loan if i don t do this withrow,after two days he contact me and accept to let me withrowing ,SO I MADE THE REQUEST TO WITHROW 1700£ AND I RECEIVE IT IN MY E WALLET AFTER THAT I SEND HIS LOT OF TESTEMONIALS ABOUT TRADE TREDEXO ON HIS WHATSUP .he try to call me,text me mailing me whit no respons.SO I M SO GREATFULL TO SAVE ME FROM THIS SCAMER.
Do not invest any money with this scam website I’ve lost 730$ cad to them and have not been able to recover it
I have made an initial investment of 250 euros on October 7th 2021 on the website Tredexo.com . Now the Domain name is changed to TredexoTrade.com. I have received confirmation email that my amount got deposited successfully from the Tredexo Support Team and they have also provided me an anti-phishing code so that the Advisor whom I need to speak is not really an impersonator.
A guy by name Daniel Cooper immediately called me and stated that he manages the VIP portfolio and he is the financial advisor from the VIP department and the money I deposited is not enough to handle my account. He stated the minimum deposit should be around 7000 euros to have better returns. By October 16th I deposited an additional 8000 euros. He made a couple of trades and asked me to check the ROI and to my eyes it was unbelievable and really sounded real. It was an astonishing 300% return on my initial investment. He called me again and said that my account is not doing that big and he wants to grow it really fast and make me a millionaire in 1 year and invite me to the Dec 31st 2022 big bash party in the UK where he usually invites the rest of his clients (boasts of having 50 customers). I have kept depositing money in chunks and finally by Dec 3rd I have deposited 38000 euros from my end. He said there is a lucrative project where-in the return on investment will be multi-fold. The project is a Bitcoin/Ethereum project and AI will be used to place the trades with 98% accuracy. The project ran for 15 days and by Jan 18th the money multiplied to 211210 euros. On Jan 18th Daniel Cooper informed me that 211210 euros will be transferred to my bank account but I need to pay an exchange fee to convert the bitcoin to fiat currency in euros for exchange via bank. The exchange fee that I was asked to pay was 10%. I have paid the exchange fee of 10% (~21000 euros) to the BTC address he provided on Jan 25th 2022. He affirmatively said that it will be 7 days as it is an overseas transaction. After 7 days, on February 4th 2022, He called me to say the transaction failed from Llyod bank and some third-party entity is asking for 8% of insurance fees which he never made me aware of. When I questioned him the same he said this is the first time he is dealing with an Indian customer which was a blatant lie as he himself said boastfully so many times how he helped Indian customers become millionaires. I have paid 8% of the insurance fee amounting to 16000 euros on Feb 24th 2022. Daniel Cooper promised me that as soon as I pay the Insurance Fee, the 211210 Euros will be deposited into my bank account within 24 hours. Not just that he also said the insurance amount will be returned back after 45 days. As of today none happened. He has looted me and all the while he pawned me by pestering me to deposit more money. Whenever I ask about the money he abuses me. Now he has come up with a new proposal to get the money transferred to my bank account. Another cheap trick from his end. Looks like I need to convert back the fiat to bitcoin by paying 10% exchange fee and then Tredexo will transfer the money via bitbns. He asked me to create an account in bitbns. All the previous transactions where-in I deposited the initial investment amount of 38000 euros, exchange fee of 21000 euros and insurance fee of 16000 euros happened via coindcx. Now my money is held-up and when-ever I ask for withdrawal he threatens me for my life. I have been completely looted by Tredexo and Daniel Cooper and Anik Singh
Tredexo total scam account manager Vicky is a smart crook really knows how to manipulate a sucker like me. scammed me out of 1000 euro Looked like account was making a very good return untill i tried to withdraw a small sum 100 euro never got a penny . my account with Tredexo dissapeared cant log in they are total scammers dont waste your hard earned money
Tried to contact Vickey but she no longer exists
Total scammer
I invest €8000 in November 2021 in a project they said will give a great benefit. At the end of their seemingly project, I saw €45000 in my account. He made clear to me they will not pay back the initial investment I requested.
Till today, Lucas Bender who is the broker still harassing me for another €4000 for commissions, saying that once I pay that amount, they will wire my investment +benefits, a total of €45000.
They don’t like corresponding through emails. They like to use telephone and Whatsapp methods.
I think it’s a group well organized to scam naive persons.
Tredexo or Tredexotrade as they now call themselves is a complete SCAM organization. Stay away from them or you will lose your money. THIS COMPANY STEALS FROM ITS CLIENTS!, and the people who work there are criminals and should be put in jail.
Here is what happened to me. I wanted to invest in cryptocurrency during the month of March 2022. I saw publicity regarding the company Tredexo and registered to be contacted by a broker. It took less that 10 minutes to receive a WhatsApp call from one claiming to call himself ROGER WILSON who works for the company Tredexo, http://www.tredexotrade.com, this person used the email [email protected] and has always called me from one of the two following phone numbers +49 1514 348 4611 or +44 20 4577 3972.
The details of this scam happened in the following way.
1. In March this year I decided to invest some money in cryptocurrency, but as I had no experience in this matter I decided to search for a broker and found the company Tredexo of whom I saw a few good online reviews about. I agreed to invest an initial 500 Euros that after a couple of weeks week had made roughly 170 euros. This profit was returned to my bank account. The bank I have used for transaction of cryptocurrency is Binance.
2. The Broker continued trading in my name, and after a few more weeks, my account, and according to what appeared on the Tredexo trading platform had more than doubled, so the broker convinced me to invest a further 2000 Euros with them. In roughly a couple of weeks my account on Tredexo showed 3700. This is when the problems began.
3. The Broker presented an offer to enter a financial crypto currency project, that lasts one week and where it would be necessary as a minimum 15 000 Euros and a maximum 60 000 investment where the profits could range from 35 000 Euros to 130 000 Euros. I did not agree to move forward with this investment as It seemed too good to be true.
4. A few days later the broker called me saying that one of his clients that was participating in a project run by Blockchain but had failed to pay the initial amount of the project that was agreed upon and therefore was not included to receive profits that where around the equivalent of 100 000 Euros. For this it would be necessary to invest 25 000 Euros.
5. I again declined, but the broker told me that I could enter the profit with the money I had already made at Tredexo (3 700 Euros) and put the remaining 21 300 in four transactions of which I would receive the 100 000 Euro profit in 4 transactions according to each of the payments made, so in summary I would transfer 5 325 Euros four times and receive 25 000 Euros each time.
6. Basically, I would invest the first transaction, and the remaining 3 I could pay with profits from the project made step by step. Although I found this a bit hard to believe but seeing that I had made some profit and received in my bank account these funds I decided to take the risk and invested the first transaction. I was told the first profit to my Binance account would occur within 48 hours.
7. The next day I receive a call from someone claiming to be from Blockchain (calling himself ANIK SINGH the number he called from was +44 20 4577 3937, strangely very similar to one of the numbers the Tredexo criminal broker ROGER WILSON was calling from), claiming that I could only enter the project with at least 50% of the required amount, so the funds invested had to reach 12 500 Euros.
8. I asked Roger the criminal Broker to send this to me in writing before I invested more money in this project, and he sent me a Project Settlement Denouement with the details of how the remaining part of the project had to be done.
9. I had the denouement checked by a lawyer who told me that the document appeared to be real and using correct wording for this type of legal document although poorly written, and also checked with Blockchain support if the person who signed the document was authentic and the ticket number of the document could be traced who confirmed that it was real. In this case I decided to move forward with the remaining part of the funds for the project.
10. The next day after depositing the requested amount I receive a call from the same person claiming to be from Blockchain demanding an insurance that is refundable of up 45 days after its payment and costing 10% of the amount that would be transferred (that would be around 50 000 Euros, meaning a 5 000 Euro payment of insurance).
11. I told the broker I was very unhappy with this situation and was not going to pay any insurance unless I see an official policy document with my name, the insurers name, all the values involved, and all means to recover the money if the transaction does not come through. I work for an insurance company, so I know what I am talking about, and have the means to check if a policy is fake or not.
12. I have not received any insurance documents so far, and there has been mostly silence from the broker, so I am sure this is a scam and I have lost 12 500 Euros.
13. Now the broker tells me the funds are on a frozen blockchain wallet and will remain there until I pay the 10% invested amount insurance (I have checked this on Blockchain, and the wallet seems to exist, but I cannot confirm if it is frozen or not, neither can I access it).
14. I contacted Blockchain, and they confirmed they do not freeze wallets without a Police order, neither do they demand insurance for transactions as this is already insured (this much I already knew).
I have filed a complaint with Law Enforcement (Europol in this case) and am working with a private law firm to try and retrieve my funds (this could take up to 6 months to achieve and has costs involved).
Hello,
Did someone got his money back? Pls help…is there any company that can help to recover money?
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