TECH REALFX (TrealFX) is an unregulated forex and CFD broker that offers a trading environment that is guaranteed to be 100 percent STP (straight-through processing). Although its trading terms are not offered in a particularly clear manner, it seems that customers of this broker have the option of choosing between two different account types: standard and ECN.
Overview
TECH REALFX is the company that runs the online trading brokerage known as Tech RealFx. You may get in touch with them by calling the following number: +442038688017 or sending an email to su*****@tr*****.com. You may visit them online at this address: trealfx.com.
Website | trealfx.com |
Company | TECH REALFX |
Address | N/A |
Phone | +442038688017 |
su*****@tr*****.com | |
Regulation | Unregulated |
Is TECH REALFX Regulated?
TECH REALFX LTD. is the company that owns Trealfx, and they have a contact address in the United Kingdom. And because the Financial Conduct Authority (FCA) in the UK is supposed to regulate any business in the country that provides financial services, we made the decision to look through its registers to see if the broker in question had a valid license.
Unfortunately, neither Trealfx nor TECH REALFX LTD could be located there, and as a result, we are forced to draw the conclusion that Trealfx is an unregulated broker with very little credibility.
Warnings From Financial Regulators
The Financial Conduct Authority (FCA) issued a warning on TRealFX due to the lack of clarity in the company’s regulations, registration procedure, and minimum deposit charge structure.
Is TECH TECH REALFX Can Be Trusted?
No, this platform cannot be trusted anyhow. This platform has no clear indication of its regulation, certification, and registration process.
What kind of currency pair does TECH REALFX offer?
They mainly offer forex pairs and cryptocurrency. This is not a good sign. As legitimate trading platforms always offer multiple pairs.
Customer Support
There is no customer support number or information on the website. You can only find a number that is not reachable and the email address never respond. The only way to contact them is when they wish to contact you. They also can contact you through social media channels.
Trading Method (MT4 or MT5)
This platform uses MT4 platform. We cannot check the platform’s credibility due to their limitation of not having a demo account. The greatest leverage that can be obtained via Trealfx is fairly generous, coming in at 1:500, while the required minimum deposit is just $100 USD. You may deposit or withdraw cash using a number of ways with the majority of forex brokers, including major credit or debit cards like VISA and MasterCard, e-wallets like Skrill, Neteller, and PayPal, and bank wires.
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What Do Traders Think Of TrealFX?
Following some investigation on various social media sites (Facebook, Twitter, Instagram), as well as online trading discussion boards, a recurring theme regarding users’ dissatisfaction with Tech RealFx emerged. This customer feedback suggests that Tech RealFx is an unreliable broker, thus extra care should be used before making any investments using their brokerage platform.
What To Do If You Get Scammed?
Don’t freak out if you’ve already lost money trading with Tech RealFx. You are not the first person to do this, and it is very unlikely that you will be the last. Even the most careful investors are susceptible to making errors, which are something that should be seen as opportunities to learn.
Just submit a report of a scam incident to us. We will then evaluate your case. After that, we will provide you with a free consultation and then we will recommend you some good recovery services that can help you with recovering the funds.
File A Complaint Against Scam Broker's
Final Thoughts
If for any reason you have given fraudsters your credit card information or the password to your online banking account, or if you have consented to install Team Viewer, you should immediately cancel your credit card, uninstall Team Viewer, and reset the password for your internet banking service.