Tradecurve is a forex and CFD broker that claims to offer a wide range of trading products and services to clients around the world. However, there is growing evidence that Tradecurve is a scam broker. In this article, we will take a closer look at Tradecurve and explain why you should stay away at all costs.
Company Overview
Tradecurve is a relatively new broker, having been founded in 2021. The company’s website claims that it is headquartered in St. Vincent and the Grenadines, but there is no evidence to support this claim. Tradecurve does not have a license to operate in any major financial jurisdiction, and it is not regulated by any financial authority.
Does Tradecurve Have Any License?
No, This company does not have any license to operate in any major financial jurisdiction. The company claims to be regulated by the Financial Services Commission of St. Vincent and the Grenadines, but this is a false claim. The Financial Services Commission does not regulate forex and CFD brokers.
Is Tradecurve Regulated By Any Authority?
Tradecurve is not regulated by any financial authority. This is a major red flag, as it means that there is no government oversight of the company. This leaves traders with no recourse if they experience problems with Tradecurve.
Tradecurve Pros and Cons
Pros:
- Tradecurve offers a wide range of trading products and services, including forex, CFDs, and cryptocurrencies.
- The company’s website is user-friendly and easy to navigate.
- They offers a demo account that allows traders to test the platform before they make a deposit.
Cons:
- Tradecurve is not licensed or regulated by any major financial authority.
- The company has a history of negative reviews from its clients.
- Tradecurve has been accused of using high-pressure sales tactics to lure traders into making deposits.
There have been reports of Tradecurve refusing to allow traders to withdraw their funds.
How Does Tradecurve Reach To Their Prey?
They uses a variety of methods to reach out to potential clients. The company advertises on social media, online forums, and in paid search results. Tradecurve also uses cold calling and email marketing to reach out to potential clients.
Technical Details of Tradecurve
Minimum Deposit: The minimum deposit requirement at Tradecurve is $250.
Trading Platform: Tradecurve uses the MetaTrader 4 platform. MetaTrader 4 is a popular trading platform that is used by traders around the world. However, MetaTrader 4 is not without its flaws. The platform is known to be slow and clunky, and it can be difficult to use for beginners.
Spread: The spreads at Tradecurve are variable. This means that the spread will change depending on the market conditions. The spreads at Tradecurve are generally higher than the spreads offered by other forex brokers.
Leverages: Tradecurve offers leverages of up to 1:500. This means that traders can control a position that is 500 times larger than their deposit. However, it is important to note that leverage can magnify losses as well as profits.
Packages and Products They Offer
They offer a variety of packages and products to their clients. The most basic package is the Standard Package, which offers access to the MetaTrader 4 platform and a minimum deposit of $250. Tradecurve also offers a Premium Package and a VIP Package. Premium Package offers additional features, such as access to live trading signals and a dedicated account manager. VIP Package offers the most features, such as access to a private trading room and a dedicated account manager.
Withdrawal and Deposit Method
This site offers a variety of withdrawal and deposit methods, including credit cards, debit cards, wire transfers, and e-wallets. The minimum withdrawal amount at Tradecurve is $250.
What Do Their Previous Traders Say?
There are a number of negative reviews about Tradecurve online. Many traders have complained about the company’s high fees, slow customer support, and refusal to allow withdrawals. They have also been reports of Tradecurve running a scam.
Summing Up- Why Should Not You Trust Tradecurve?
There are a number of reasons why you should not trust Tradecurve. The company is not licensed or regulated by any major financial authority. It has a history of negative reviews from its clients. And there have been reports of Tradecurve running a scam. If you are looking for a forex broker, you should avoid Tradecurve at all costs.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have been scammed by Tradecurve, you are not alone. We are here to help you in recovering the lost fund. Our free consultation call will help you in finding the right recovery solution for you.
File A Complaint Against Scam Broker's
Final Thoughts
Tradecurve is a scam broker. If you are considering trading with Tradecurve, I urge you to reconsider. There are many legitimate forex brokers out there that offer better services and lower fees. Do your research and choose a broker that you can trust.
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