Read our Tradingexpo review to see if we recommend this broker for trading. Just to clear doubts, this is a tradingexpo.net review.
Is Tradingexpo 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, Tradingexpo 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 $100 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 Tradingexpo 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 Tradingexpo?
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 Tradingexpo 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 Tradingexpo, 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.
Tradingexpo Review Conclusions
Making the Tradingexpo 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 Tradingexpo 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.
You are absolutely correct with your review of TradingExpo.net. I was dealing with a so called “Broker” by the name of William Russo. I did my initial deposit of $200USD and watched miraculously as that $200 turned into $600 in a matter of days. Still thinking this was legit, I dumped in another $1000 and watched with anticipation, as within a week, it turned into $3900 USD! Once I saw the ROI i started to get suspicious. The old saying… – if its too good to be true, it probably is. So I did a deep dive on google and found your site with the review and everything you said about TradingExpo’s protocol was bang on. William kept pressing me to “get more money, use whatever means I could to deposit more onto the fake platform. As it stands right now, my account says I have $3900 USD in it. I have tried to make a withdrawal but the process to do this is also not legitimate. You can’t even contact TradingExpo support because the contact form is always, perpetually “unavailable”
I hope more people don’t fall victim to this fraud. I only lost $1200 but I hear of much worse stories of people loosing tons of cash. So be aware, any time anyone from this website calls you – especially a guy with a thick Italian accent by the name of William Russo – tell him to go fuck himself! – loud and a clear! I wish there was some agency I could report this to so that they can be shut down permanently.
Feel free to copy and paste this review on any other sites.
Thank you.
Thanks friend for your time and efforts you’ve endured enuff please find the right people who are working together to fuck another time for someone like me too! I’m talking with someone called Jennifer,who was advising me that I should research on the trading platform before asking me for money too! On the tradingexpo.net, I am glad that I have no money because as we were talking about legitimate platform’s she’s trying to get more 💸💸💸💰💰💰 out of me.
Total scam. I accidentally entered my information to “get some info” on some new AI trading platform. I’ve been receiving daily non-stop calls from these scammers since then. They even auto-created an account in tradingexpo.net and phoned to give me the password!
(1/5)
Yes, yes and yes, all correct!
l spoke with a lady first on Friday who was lovely, naturally, then Bobby, can’t recall his surname, he rang me on Friday and then Monday, yesterday, many times, 9 actually just counted and all on different phone numbers which again, l thought was a bit dodgy but l am also aware that many companies have different phone numbers, like the police sharing phones.
l had 2 appointments and errands to run so l was not in, he called again when l got in and as the reception was so bad where I live, it wasn’t the best line.
I felt the change in ambiance, and he started to get annoyed, said, “Fuck!” then cut the phone off, obviously rang back, straight away and stated the line dropped, l said, “Is that because you said “Fuck!” but he didn’t answer.
As it was getting a bit annoying with the phone reception, he advised that l set my laptop up and then my tablet which all started to make me think it was getting a bit weird. I only deposited £163, the minimum, it gained about £15 that night.
Bobby rang again this morning, woke me up actually, l’m good after a quick espresso though, l told him to continue and that’s when he proposed that l put £3000 in, l said that as l have put the bare minimum in, l have slight knowledge of stocks and shares, l’ll see how that goes first, he went on about working for big companies and lots of clients but then I thought, well why are you here then? If you make millions for everyone else, you would surely would be a millionaire already.
He said that he does this for commission and he can’t get that unless he’s given more money. Alas, no one tells me what to do with my own money! I don’t care for salespeople seeking commission, l’d rather just leave as l have done many times before and will always do.
I had a look at the AnyDesk app where it all occurs and as soon as Bobby rang, it went up but following the call, my original amount of £162 was back down and minus about £1 or £2 so the phone call and what happened to the balance made me decide that this is all a bit dodgy, well more than dodgy!
Hence, the search and finding you, weyhay! Thank you. 🎉🍻🎁
I will see what occurs tomorrow and update you, l like a challenge! I have to state that l saw an article on the internet where This Morning were chatting with Philip and Holly about this, saying he does it too, as it’s our Money Man Martin, l thought it was legitimate, that’s why l’m here now, can you let Martin know or l will, l’ll have a look to see if l have a screenshot. He hates it when scammers use his name, and rightfully so.
I’m happy to give you all of the phone numbers if relevant. I’m aware of burner phones, sims etc but aren’t SIM card packs in consecutive order? If they were, it would be a lot easier!
(1/5)
100% scamers, I created an account with them and add $200 funds. Next day, my live account balance was showing me $500. I got suspicious, but more suspicious when William from tradingexpo.net called me to use anydesk in my device and open your bank account. What? My bank account no way. I requested to check if I can withdraw, and I did but never got accepted. I tried to contact via emails and phone, but the contact information is not legit. I lost only $200, but I don’t want anyone to be victom of these scamers. Stay away from them.
(1/5)
Scammers. I am a vulnerable widow with 2 young children. Sarah Anderson called befriending me over a 4 day period, saying I can help you pay for your husband’s service. So being gullible I stupidly transferred incremental amounts summing to the value of £11000 off my credit card under the impression I was going to make £8k return. As soon as the last transaction took place over a 4 day period from my bank account Sarah was no where to be heard via WhatsApp. So not only was I already struggling with my husband’s death and trying to survive with my 2 children she took all my money off my credit card and left me with £30. The bank can’t do anything neither can the police 😒
Very sad about the whole experience.
I continued to get calls from trading expo saying I’ve got a profit of 14k, yet they won’t give me my funds when I ask. Apparently I need a crypto account, that’s how I got scammed in the first place. I hope I’d never invested £250 in the first place.
STAY CLEAR.
(1/5)
Please, anyone thinking about dealing with Trading Expo, DON’T. You will be completely screwed out of your funds. Especially if you are dealing with William Russo. All of it is a total scam. They offer incredible profit and you are able to see it in your Trading Expo account. The real problems start when they suggest a withdrawal of funds. They do not give you a heads up as to what will be involved with a withdrawal.
They ask for your online Bitcoin Address to send the funds. Once you do, they say that they transfer the funds to an outfit called Trading Center. Trading Center then sends a note under the guise of the Bank of France, requesting Liquidity Verification. This amount is approx. 30% of the profit that you are trying to withdraw. Upon sending the 30%, they send another request for something called a Safety Deposit, which is approx. 50%. They continually document that all funds profit and personal funds will be returned. They tell you that if you send the funds that they will send the equivalent Bitcoin the same day including profit and personal funds. If you cannot come up with the funds by the deadline, they give you a song and dance that the Profits have increased and is now almost double what you were trying to withdraw.
They then say that the funds have been transferred to a fictitious International Escrow to complete the deal. International Escrow than asks for additional funds to complete the transaction. Once that is complete, they then tell you that you must pay the Tax on the funds which is appro. 25%. Once that is complete they say that the price of Bitcoin has changed over the course of the numerous transactions, they now require funds 30% for insurance, so that the value of the Bitcoin matches the funds requested.
Once they have sucked you dry of funds, they then hold you hostage until the Insurance is paid.
The total has been tens of thousands of dollars. I was played for a fool. Please do not deal with this scam. I started with $250.00. Now I am out, all of this money. With nothing but empty promise after promise. I regret ever being involved with them.
(1/5)