✔️ Information reviewed and updated in June 2024 by Eduardo López

IS Tradear RELIABLE? OPINIONS

In this analysis, I will explore the reliability of the Tradear broker, specialized in forex and CFDs, with its website at tradear.com. I will thoroughly review this company to determine if it is safe to invest money in it.

Here I will detail why I consider Tradear to be an unreliable and unsafe company. It is important to be attentive to these types of companies!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyMentions being part of Verum
Company typeForex and CFD broker
📌 AddressIt mentions being located in the United Kingdom but we believe it is false
🛡️ RegulapainFSA
🕑 Website age2002-10-16
📄 RegistrationSeychelles 
🌐 Websitetradear.com
📧 Email[email protected]
???? Live ChatYes
💳 Payment methodsCredit card, cryptocurrencies, Visa and MasterCard

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that Tradear offers; They are divided into 6 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
Lite $100
Starter$250
Classic$2000
Professional$10000
Elite$30000
Club TradearBy invitation


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Tradear website
  • Website registration: The domain “tradear.com” was registered in Seychelles. 🚩
  • The website mentions which company it belongs to, but I have not been able to find “Verum” in the company records. I think it may be a fake company. 🚩
  • The company mentions being regulated by a very unsafe regulator, as is the case of Seychelles. 🚩

⭐ OPINION OF Tradear:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in the UK, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company mentions being regulated by a very unsafe regulator such as Seychelles.

3) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

4) The company has been reported by the following financial regulator(s): CNV, financial regulator of Argentina, CNMV, financial regulator of Spain, CVM, financial regulator of Brazil and CFM, financial regulator of Chile. It is a very unsafe company, be careful.


“To be honest with you I would not invest in this type of company: it is regulated in Vanuatu (very unsafe regulation). He mentions belonging to a Verum company which apparently is a fake company. I honestly cannot recommend a company of this type.”

💬 WHAT TO THINK OF A COMPANY LIKE Tradear?:

The information available about Tradear, a broker, raises numerous concerns about its credibility and reliability. Although it claims to be located in the United Kingdom, the domain registration in Seychelles and the lack of clarity about the company behind the platform suggest a possible lack of transparency. The supposed ownership company, “Verum,” does not appear to be registered in business records, raising questions about its authenticity.

Furthermore, the claim that Tradear is regulated by an unsafe entity like Seychelles raises serious questions about the protection and security of investors' funds. This lack of strong regulation could expose users to a higher risk of fraud or poor financial practices.

The situation is further aggravated by complaints from several financial regulators, including CNV, CNMV, CVM and CFM, indicating a number of regulatory concerns in multiple jurisdictions. In summary, extreme caution is advised when considering any type of transaction with Tradear, given the lack of transparency regarding its location, company ownership and regulation, as well as complaints received from financial regulators.


📣 LATEST UPDATES:

1) April 2021 update: CNV, Argentina's financial regulator, has reported Tradear for fraudulent activities.

2) May 2021 update: CNMV, Spain's financial regulator, has reported Tradear for fraudulent activities.

3) Update April 2022: CVM, Brazil's financial regulator, has reported Tradear due to fraudulent activities.

4) 2022 Update: CFM, Chile's financial regulator, has reported Tradear due to fraudulent activities.

5) 2022 Update: CFM, Chile's financial regulator, has reported Tradear due to fraudulent activities.


✔️ To recover funds from Tradear:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT TO Tradear:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Trading?

Tradear is an investment broker that specializes in forex and contracts for difference (CFDs). It offers investors the ability to trade the foreign exchange market and a wide variety of underlying assets using CFDs.

Is Trading a scam – is it a scam?

In my opinion it is a scam. Considering several characteristics of this company, I must rate it as very bad and unsafe.

Is Tradear reliable?

Tradear is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to recover money from Tradear?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 1/5 - (1 vote)

6 comments on «IS Tradear RELIABLE? OPINIONS»

  1. Ignacio Reply

    Trade SCAMMERS They keep people's money Attention is also captured by the Yuan Pai Group page where representatives of China are named They are pure social garbage.

    • reliableforexbroker.com Reply

      Hello Ignacio, this broker called Tradear is a SCAM, many investors have sued Trader for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

  2. rafael minho Reply

    Do not listen to all the positive reviews, you need to see that they have been warned by the CVM not to invest with them

    • reliableforexbroker.com Reply

      Hello Rafael Minho, this broker called Tradear is a SCAM, many investors have sued Trader for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

    • reliableforexbroker.com Reply

      Hello Martin, this broker called Tradear is a SCAM, many investors have denounced Tradear for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

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