TradingTech Review – Offshore Scam After EU Clients

It looks like 2021 was a highly fruitful year for offshore scammers. We’ve come across numerous new companies, all based on the infamous James Street of Saint Vincent and the Grenadines, all without any kind of license. One of those is the subject of today’s review, Trading Tech.

What About TradingTech Regulation?

TradingTech appears to be owned by Eudaimon Consulting LLC, allegedly registered in Saint Vincent and the Grenadines. However, it seems that all new brokers have been registered under the same number, exact address, and with the same goal – to defraud clients. Knowing that SVG has no financial regulator, we’ve checked the FSA register just to determine whether the owner is an actual or yet another fake investment firm. It turned out to be the posterior one.

Now that we know that the owner is not legitimate and the brand is unregulated, we can advise you to stay away from the TradingTech scam.

In addition, we strongly advise you not to invest in Zivyard, OriginInvest and Morgan FX Capital fraudulent brokers.

Fund Withdrawal Issues With TradingTech Broker

Once we discovered that the TradingTech broker has no regulation, we knew that withdrawal complaints were inevitable. Offshore brokers, especially those who don’t even bother to establish a real company, have only one thing in their mind – to steal as much money as possible and vanish. Clients complain that their accounts are being suspended once they submit a withdrawal request, and access is impossible.

If you find yourself in this situation, let us know.

Areas Of TradingTech Trading Scam

The main problems with TradingTech seem to be in Germany, Spain, and Singapore. However, we’ve read reviews from the UK, the Netherlands, Australia, Austria, Belgium, and more. The conclusion of this story would be – if you want to avoid being scammed, avoid accepting any offers coming from TradingTech.

Traders About TradingTech Scam

Frozen accounts, inability to withdraw money, stolen deposits, fake trades. These are just some of the issues that TradingTech clients are experiencing. Their main question is whether it’s possible to get the money back if the broker refuses to approve the refund. The answer is yes, it’s possible; you just need the right tools and the right assistance.

How Does Online Trading Scam Work?

Throughout our reviews, we’ve seen all kinds of brokers. Some of them are regulated but use offshore entities to defraud clients. Some are in reputable countries but unlicensed to avoid any type of supervision. And some are like TradingTech, didn’t even bother to open a legitimate company, but established a website and started defrauding. Once you submit your information to their fake ad and invest the first money, you can expect your account manager to harass you for more and more money every day. Yet, once you wish to see results and profit back, this same account manager will disappear, and you won’t be able to get in touch with anyone from the company. This is when you’ll know that you have been scammed.

Also remember the names of the Axis Capital Group, NordFX and Forex48 trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!

Scammed by TradingTech? – Tell Us Your Story

If you were scammed by TradingTech or a similar bogus broker, it’s time to tell your story. You need all the possible assistance, and we’re here to provide it. Our chargeback specialists will go above and beyond to help you find the best refund solution.

But What Is A Chargeback?

If you have used your credit card to make a deposit, a chargeback would be the way to refund it. Your bank has the ability to get the money back from the merchant if you can prove that you have been scammed. Contact us via online chat to book a free consultation, and let’s make a move before it’s too late!