✔️ Information reviewed and updated in March 2024 by Eduardo López

IS TradeState RELIABLE? OPINIONS

In this post I will analyze TradeState. Is TradeState (with trade-state.com website) really reliable indexes, energy, futures, stocks, cryptocurrencies and metals broker? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think TradeState is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND 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. CompanyNot mentioned
???? AddressSan Vicente y las Grenadines
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone numberDoes not have
📧 Email Address[email protected]
🌐 Websitetrade-state.com – tradestatefx.com
???? Live ChatNo
💳 Payment methodsNot mentioned
Company typeindices, energy, futures, stocks, cryptocurrencies and metals broker

📞 LIST OF PHONE NUMBERS:

Mention phone numbers /// The company does not mention any contact phone numbers. 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 accounts that TradeState offers; They are divided into 4 accounts. Here is a table with a little more information about minimum deposits by type of account.

TYPE OF ACCOUNTSMINIMUM INITIAL DEPOSIT
Standard$200 
Pro$1,000 
Master$5,000 
Elite$10,000 

🌐 WEBSITE – WEBSITE:

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

TradeState website
  • Age of the website: the domain “trade-state.com” was registered on October 20, 2023. That is, it is a website that is not very old. 🚩
  • The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
  • The company mentions being regulated by a very unsafe regulator, as is the case of Saint Vincent and The Grenadines. 🚩

⭐ TradeState OPINION:

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

1) The company is located in an unsafe place such as Saint Vincent and The Grenadines, Mauritius.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “trade-state.com” was registered on October 20, 2023. It is very recent.

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

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE TradeState?:

TradeState is a broker that has attracted attention for some worrying reasons. Firstly, its headquarters are in Saint Vincent and the Grenadines, a place that is not known to be particularly financially secure. This raises questions about the broker's reliability and raises questions about how it will protect investors' funds in a potentially risky location.

Additionally, another aspect that causes concern is that TradeState is not regulated. The lack of regulation means that the broker is not being supervised by any financial authority, which could leave investors unprotected in case of problems. The youth of the broker, founded only on October 20, 2023, also adds an additional layer of uncertainty, as it has not had much time to establish a solid reputation in the industry.

In summary, TradeState raises significant concerns due to its location in Saint Vincent and the Grenadines, its lack of regulation, and its relative newness to the market. Investors should be cautious when considering working with this broker and should carefully evaluate the risks before making any financial decisions with them.


📣 LATEST UPDATES:

At the moment we do not have any update.


✔️ CLAIM MONEY FROM TradeState:

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 TradeState:

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 TradeState?

TradeState is an investment broker in indices, energy, futures, stocks, cryptocurrencies and metals.

Is TradeState a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is TradeState trustworthy?

TradeState is a company that I consider UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from TradeState?

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: 5/5 - (434 votes)

2 comments on «IS TRADE STATE RELIABLE? OPINIONS»

  1. Amelie Reply

    This broker is a fraud. It is true, I could not withdraw, do not fall into the trap, I know you will thank me.

    • reliableforexbroker.com Reply

      Hello Amelie, Trade State FX is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.

      They create many positive comments about themselves that are not real, they want to confuse investors and pretend to be a legal company but it is all FALSE if you comment on our articles they say that we are the competition and it is also a lie!, (we do reviews of brokers).

      When you want to withdraw your capital or your benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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