TrezoCapital has been on the market since July 2022. They’re onboarding the EU residents mainly, without a single license.
Since Europe has a highly regulated Forex market, we’ve seen certain regulatory warnings. Hence, we decided to elaborate on everything in our detailed TrezoCapital review.
TrezoCapital is as anonymous as they get. The Terms and Conditions are pretty vague, without mentioning the owner or legal jurisdiction. Furthermore, the company openly admits to being unlicensed.
In the TrezoCapital Regulation section, you can find the importance of regulation for trading. However, you will also see that the company states it’s working towards being licensed. Until the license is obtained, no company can provide financial services.
Moreover, they don’t comply with the ESMA rule about transparency. Besides legal information, we’re missing leverage, fees, and other trading terms. Operating in Europe without complying with the EU watchdog’s directives is highly illegal. All this while not offering any kind of fund protection or compensation fund.
The brokerage was allegedly certified by the infamous Crypto Conduct Authority. However, this is not an official license provider but a bogus website registering all sorts of financial scams. Therefore, it lacks credibility.
As mentioned, TrezoCapital is mainly targeting European residents. The majority of their traffic comes from the following countries:
Two of the four have already issued warnings against fraud. Don’t wait for more. Avoid TrezoCapital broker by all means and keep your cash safe.
There’s one TrezoCapital trading platform. However, there’s no access to it. The company says it offers WebTrader that’s fast, reliable, and easy to use.
However, our experience with browser-based platforms so far has been quite disappointing. None of them offer anything more than several basic charts, pending orders, and trading history. What’s worse, TrezoCapital doesn’t allow access before making an initial deposit, so we cannot verify the platform’s existence.
This is why we always recommend third-party software, such as MT4, MT5, or cTrader. Usually, each of these brings a Demo account, meaning you can test it for free before usage. What’s more, they have millions of users thanks to a large number of functionalities, including social trading, EAs, and much more.
There’s a standard range of trading assets, including these five classes:
However, nothing that would wow us enough to give our money to an unregulated brokerage firm.
There’s a list of fees you’ll have to pay, including spreads, swaps, training fees, and withdrawal fees. However, none of these are specified. And without platform access, we cannot confirm it for you either.
Here’s the list of available TrezoCapital account types:
Yes, these amounts are insane, you got it right. Legitimate brokers let their traders start small and steady, with $10 or so.
The main page claims you get started with as low as $250 as your minimum deposit, but you won’t get any perks for it. Instead, you will constantly be pressured to upgrade to a Bronze account and earn market reviews, webinar access, and social trading features.
As we already explained, there’s no access to the TrezoCapital Demo account. This is the main reason why we were unable to review the platform.
We’re unwilling to pay a penny to an unregulated scam firm, and we advise you the same. Instead, you can find a licensed brokerage with a Demo account and a lower initial deposit. It’s the safest for your wallet.
Here’s the list of available payment options according to the website:
As per TrezoCapital withdrawal, it’s stated that it must be performed using the same option as for the deposit. The processing time is 3-5 working days. However, all the reviews indicate that getting your money back is not as easy. In fact, many needed legal aid to resolve the issue.
TrezoCapital is clearly luring victims into a scam. If you fell for their story, it’s not the end.
Global Fraud Protection has a team of dedicated chargeback experts and CipherTrace analysts who can assist you with this matter. Our vast experience has enabled us to know the majority of market scammers and find ways to exploit their weaknesses. We’re working tirelessly to help victims get their money back.
Don’t hesitate to share your story. Book a free consultation and let the experts work in your favor!
TrezoCapital is not a legitimate brokerage firm. In case you have already deposited funds and are having any trouble, we might be able to assist you with this issue.
TrezoCapital claims to provide a WebTrader yet doesn’t allow access to it before making a deposit.
Since the firm was banned all around Europe for offering illegal services, your money is clearly not safe with TrezoCapital.
TrezoCapital is not a legitimate brokerage firm. In case you have already deposited funds and are having any trouble, we might be able to assist you with this issue.
TrezoCapital claims to provide a WebTrader yet doesn’t allow access to it before making a deposit.
Since the firm was banned all around Europe for offering illegal services, your money is clearly not safe with TrezoCapital.
The post Detailed Review of TrezoCapital Financial Scam appeared first on Global Fraud Protection.
