Both the Australian regulator ASIC (see here) and the New Zealand FMA (see here) have also issued warnings against Trade99 and its operators in recent months. Trade99 is a decent agent for both beginners and experienced brokers. Note that the content on this site should not be considered investment advice. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.
- Dealing with financial firms that are authorised or registered by us gives you greater protection if things go wrong.
- You can get access to multiple invaluable services under the Absolute Account.
- If there is no information on the broker’s website / crypto exchange about the regulation of its activities or license, then it is almost certainly a scammer.
- The firm is also very dedicated to complying with the KYC and AML policies.
- One of the agency’s services includes protection for up to €20,000 per the submitted complaint, which is backed by its compensation fund.
Red Flags and Scam Warning Signs
For a cryptocurrency broker to seal its name in the industry, it must first pass scrutiny and inspection. It also needs to possess attributes to be deemed a credible crypto platform. Track orders, save products, easy hassle-free returns & exchanges. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia.
I got the most secure and advanced…
This report provides an overview of the work done to date by the Panel on all five of those tasks. After reviewing this site, it can be safe to say that Trade99 is indeed a legitimate cryptocurrency broker at its best. It has seemed to pass on all the boards in terms of features, technology, bonuses, and safety and security.
While trading with this platform, I receive a reasonable ROI. Here their team also helped and offered me tips for improving my trading skills through their educational videos and all. It offers me high flexibility to trade against the price movements without having to buy or sell the actual instrument. Specify the company’s connection with well-known brands, financial institutions, public organizations.
Simple and user-friendly trading…
Trade99 fails to provide any information about its staff on its website and promise fake returns. I got the most secure and advanced features for trading with trade99. Trade99 offers Tablet trading for the benefit of the traders. Further, the trader can enjoy the best trading experience with ease by trading from their smartphone. Moreover, this platform is explicitly designed for all tablet devices.
My experience with this trade99 was not…
I can say he is a man of his words and I will write an apology mail to him. These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds.
I find the amount of stocks/shares to trade is excellent; also, it includes more options for ETF. Even their customer support team is highly professional and always provides me a quick response to a query I had. Instead, it is registered with the independently run Financial Commission, a Hong Kong organization that grants registrations to offshore brokers. In June 2019, the company has been registered as a member of the Financial Commission, a private-law organization regulating the forex market.
Trade99’s security systems also contain some of the most advanced I.T. Security mechanisms, stringent KYC, and strong anti-money laundering measures. Supreme Account requires a minimum deposit of $300 worth of Bitcoins. This itself would already guarantee the trader to trade over 190 assets along with daily market reviews for traders to determine trends. The firm offers the trade bonus which is mainly dependent on the amount of the withdrawal made.
- One of the primary concerns with Trade99 is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others.
- It has information on firms and individuals that are, or have been, regulated by us.
- As Finance Magnates reported, earlier this year in March, the agency approved DealFX, an online brokerage, as an A-category member.
- One of the best ways to prevent them from harming you and other people is togive them bad reviews on other sites.
- In June 2019, the company has been registered as a member of the Financial Commission, a private-law organization regulating the forex market.
- When you don’t do it it becomes obvious that this isn’t just a demo, it’s filtering most of you money into their pockets, within minutes!
Its favorable advantages, including chances of winning a car, are worth signing up for. And what’s convincing is its high level of security that is wired in a convenient and user-friendly system. The funds that one would be depositing to it are more than secured through its encryption system. They deceive you for weeks to finally stop communicate and keep all your money.
This will help traders navigate their way in the cryptocurrency industry. This serves as one of the factors why Trade99 continues to thrive in a highly competitive environment. If one wants to secure exponential profits, Trade99 is the right choice. Another interesting thing about Trade99 is its acquired recognition, awards, and merits throughout the years. Trade99 has created quite an emphasis on readily-available customer trade99 review support – whether it is a technical or fundamental inquiry. We are dedicated to providing our customers with a state-of-the-art trading platform where simplicity meets excellence.
Depending on the amount being withdrawn, it offers a trade bonus to its customers. However, unregulated forex brokers work in the following ways. At first,they would call on people to agree to an initial minimum deposit when tryingany viable method that could happen. This is the simplest way of getting your money back and is also the way that hurts them the most.
Then they assure you they are doing it but may be a favor so. You go back to check in a couple of days and they have taken evenore money from you, leaving just ask pittance in the account which clearly you cannot get to. They need to be reported to every securities authority in eah country. They claim to be based in Hong Kong but it’s actually Dominica and Estonia.
Make sure you leave reviews about Golden KeyPro on other sites.
The firm supports the major payment options like bank wire transfer, Visa/Master Card, and Bitcoin. Reliability – Trade99 is one of the most reliable trading platforms which have recently been granted the ‘A category’ membership by Financial Commission. Many desperate victims end up paying escalating upgrade fees ranging into the thousands, believing each payment gets them closer to unlocking the fake job. Once hooked, the target is directed to H5.trade99.top, which is presented as the “training platform” they must complete to get hired.
However, please be prepared to provide proof of your business’s legitimacy. Please note, we never charge website owners for reviews or reconsideration requests. On fact, most brokerage companies are registered offshore, and we are talking not only about small offices, but also about world leaders. Saint Vincent and the trade99 review Grenadines, Belize, Marshall Islands, Mauritius are popular offshore zones among companies. Registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden. This word refers to the difference between the best prices for buying and selling a certain asset at a particular moment.
Estimates indicate H5.trade99.top and related sites have scammed victims out of over €100 million collectively thus far. Individual losses often reach tens or hundreds of thousands of dollars. The professional look of H5.trade99.top and the promise of getting hired after completing the “training” causes victims to believe this is a real job vetting process.