Once you glance at the website of TradeUnionTrust broker, you’d think you’ve found your pick. The company cooperates with several international investment firms and has six regulations. Or does it?
Read our unbiased TradeUnionTrust review to get all the information about how the scam was perpetrated. Act now, before it’s too late!
In addition, there are some bold claims about TradeUnionTrust regulations, including the following:
On top, the brokerage claims to cooperate with BlackRock, Inc. and Ameriprise Financial, Inc. Of course, we did due diligence, searching through all the authority databases. As you can already guess, our search showed no results.
The final proof of our claim is the fact that the leverage is set at 1:500 for Forex pairs. In the EU, UK, and Australia, regulators have set a limit of 1:30 for retail traders due to volatility and high risks. Therefore, TradeUnionTrust is not a genuine company, and all its claims serve to build a fake reputation.
We did detailed research on the broker’s web traffic. According to it, the majority of their victims come from:
Hence, no wonder Dutch officials issued an alert. The company registered its domain in the GoDaddy WHOIS database on the 9th of February, 2023. In a few short months, their reputation is already stumbling.
Clearly, the TradeUnionTrust trading platform is not easy to access or even learn about. The entire website is pretty blank, in the style of Virgobanc, not mentioning anything except that the only way to access the terminal is by depositing the money.
Since we’re unwilling to do so and found reviews stating that the company offers a rather disappointing WebTrader, we’ll withhold from comments. We will, however, advise you to register with a regulated broker offering reliable software such as MT4, MT5, or cTrader.
We hope that by now, you have given up on the idea of trading with TradeUnionTrust. If not, here’s a brief overview of tradable assets:
Knowing that everything on the website is bogus and without platform access, we cannot claim these assets are actually offered.
The web presentation sounds lovely. Allegedly, the spread starts at 0.1 pips, while there’s no broker commission. If you think about it logically, you’ll see that something doesn’t add up.
Broker companies earn from fees and commissions. If TradeUnionTrust doesn’t, it only means they’re after your entire deposit.
You can choose from one of the 3 TradeUnionTrust account types:
Besides the minimum deposit, accounts differ in access to different trading instruments. Allegedly, you have deposit insurance from the Optimal one, while the Superior one also includes deposit protection and 24-hour personal support.
As mentioned, there’s no TradeUnionTrust Demo account. You need to invest the money first, then see the outcome. And we surely advise against it.
As expected, this brokerage has no legal documents and doesn’t mention available payment methods. We expect that the only way to request TradeUnionTrust withdrawal is through crypto, which is probably also the means of the deposit.
Scammers enjoy using crypto as it’s virtually untraceable and not subject to a chargeback procedure. They can easily claim that your money has been returned and that providing the wrong wallet address is your fault. Additionally, they believe they can hide behind blockchain anonymity.
If you’re one of the unlucky victims of TradeUnionTrust, don’t just give up. We have the knowledge and expertise to assist you with this issue.
Global Fraud Protection has chargeback experts and CipherTrace crypto analysts dealing with financial swindlers for years. We know their weaknesses and their flaws. We also know how to find them, no matter where they hide.
Book a free, non-obligatory consultation with our team of experts and we’ll look into your case thoroughly. That way, we can be sure to suggest the best recovery method.
TradeUnionTrust is not a legitimate broker, and you should avoid it. If, however, you’ve already invested, we might be able to assist upon case evaluation.
No, TradeUnionTrust doesn’t offer a risk-free Demo account.
This brokerage firm requires a minimum of $150 before allowing you to access the platform.
TradeUnionTrust is not a legitimate broker, and you should avoid it. If, however, you’ve already invested, we might be able to assist upon case evaluation.
No, TradeUnionTrust doesn’t offer a risk-free Demo account.
This brokerage firm requires a minimum of $150 before allowing you to access the platform.
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