Read our Tradevexo review to see if we recommend this broker for trading. Just to clear doubts, this is a tradevexo.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 Tradevexo 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 Tradevexo 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.
Tradevexo Review Conclusions
Making the Tradevexo 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 Tradevexo 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.
They try to push you (by telefone) to fund to your account with TradeVexo. And they use AnyDesk to help you. That made me suspicious and I canceled the contact. In the contact with them they were very and unpleasant persistant.
(1/5)
They called me from a Norwegian number adressed to a unrelated person. Then they called me back again from a Swedish number. Site had been up for just 4 months. Red flags. Stay away= keep your money. This is a scam. Same call structure and hierarchy in calls like indian windows support, and Asian Crypto scam. Don’t be fooled. 100% scam
(1/5)
Thank you for this article here in google website. I am nearly put into scam and as what the people here did for personal commentaries, they had just do the same. They had shifting claims that they call from Switzerland and the other from Sweden. They do not give me enough time to know the company by detouring stories within the telephone conversation and they they discourage to read more articles about them in the net. They let me see their website and I can see already that I had an prepared log in account to the site. One of them asked my bank account and write in my account but I refuse. I told them I need to see them face to face and also their office buildings.
had seen in the facebook as advert and I filled up with my personal contacts because I was thinking it was about a IT lecture on ” crypted cached” ???? links here in any search engines. And it was not at all. I thank for this article for confirming my doubts on them . Now I can say that they should be investigated because there can be other people made victims on this. Please be care ful . A true investing can be easily known by their public address and location and their business number.
Your review is 100% accurate. Everything you describe was true in my case. SCAM artists of the first rate. BEWARE! BEWARE! Please repost your original post and my reply on EVERY social site you have access to. It will probably have more immediate impact than any legal action that you should pursue but it takes time.
They called me yesterday and want to do business with me. I wanted to check out the company and came across this article. Thank you for writing. I saved my money.
(1/5)
Just got off the phone with them. They called me from Montenegro i believe. They keep calling me for years already and always the same story. Hello my name is X, how are you today? Always the same lines. Then they want you to see their platform and im assuming thats the stage where they want to you to start investing. Its always a charismatic woman on the phone and a silver tongue “advisor”. I asked the girl on the phone what is her company name and suprisingly she told me its TradeVexo.
It always seemed fishy but now i am 100% sure. Thanks
Hello people, please, please if anybody can help me. I paid € 200 and all my I’d info and my address 🥺 and I would like to cancel but I can’t. I paid through PayPal and they don’t authorise my case.
Same thing it happen to me ,they gave a teacher to phone me to help me to do the trading.I lost 200 euro,and after they say I lost the money because was my fault because I didn’t answer the phone when teacher phoned me ,and they blamed me that it was my fault.
They called me after I register with personal details through advertising a Elon Musk Product made in secret that you can become Millionaire in 3-4 month.
Was pleasant conversation at beginning until they tried to push it hard for me to activate account by depositing right away.
Most important I was almost ready to do it by myself but they did not want me to wait for 1-2 days . They want me to do it now! :))))
I mean you never know, maybe they are right or wrong but did not like the way they pushed!
So it will be a NO for me!
mobtrader.tradevexo.com is scam. They are nice, pleasant at first for you to register and make a small deposit. Then there us Ethan who is insulting, rude and vile if you don’t deposit large amount of money. Refused to help me to withdrawal my profit. Not answering WhatsApp messages. Now, I can’t log into my investment account. They call from number +46 from Sweden or Norway. 109% scam
(1/5)
DO NOT USE THIS BROKER, YOU WILL STAY OUT OF MONEY! I LOST EVERYTHING I INVESTED!
THEY WILL DESTROY THE BILL WITH BIG LOTS AND WRONG SIDE OPENING POSITIONS!
(1/5)
The show is over. Actors are gone. They disapired.
Yes, welll. That menager advise me what to trade. Ok. When i need him no contact. Then i trade and make +4000 on gold. No Mt4, no nothing. Big spread. Min orders on gold 0.10. Of coarse, i startind to loose. And no site anymore.