TradeMarketsPRO Review: A Critical Examination of This Broker’s Trustworthiness

In this TradeMarketsPRO review, we will delve into the details of this brokerage. We will determine whether it is trustworthy. Trading on the financial markets can be lucrative. Be that as it may, choosing a reliable and regulated broker is essential. We will test the security, regulation status, platforms, support, and reviews of TradeMarketsPRO. This is to help you make an informed decision.

TradeMarketsPRO: Security and Regulation

TradeMarketsPRO is a bogus and anonymous brokerage that claims to have a base in the UK. Yet, our analysis found that the firm does not hold a license from any recognized regulatory body. Operating without proper regulation raises concerns about the safety of clients’ funds.

Warnings from financial regulators are a critical factor to consider. This is especially true when evaluating a broker’s legitimacy. At the time of writing this review, there is one warning against TradeMarketsPRO issued by FCA. This is a big issue that you should remember. 

Remember, the lack of regulatory oversight and transparent information is suspicious.

TradeMarketsPRO: Trading Assets Available

TradeMarketsPRO includes access to a limited range of trading assets across five asset classes. These are currency pairs, commodities, indices, shares, and crypto coins. 

This is the full list of the supported instruments: 

• Currency – EUR/USD, AUD/SEK
• Commodities – silver, gold
• Indices – AU200, NASDAQ
• Shares – Amazon, Google, Apple
• Crypto – BTC, ETH, USDT

However, it is worth noting that offering cryptocurrency CFD trading contradicts the ban on crypto CFD trading in the UK since 2021. This further highlights the questionable and potentially illegal nature of TradeMarketsPRO’s operations.

Trading Platforms: Unveiling Potential Pitfalls

This bogus firm only provides the basic WebTrader platform for trading. It allows users to review assets, place orders, and view charts. But, it lacks the advanced features of popular platforms like MT4, MT5, or CTrader. Relying on a web-based platform exposes traders to potential issues.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have solidified their positions as leaders. MT4, known for its extensive range of indicators, remains popular. On the other hand, MT5 has advanced features. Those are extra asset classes and a built-in strategy tester. 

Both venues provide access to real-time market data, superb charts, and bot trading. This caters to the needs of beginners and experienced traders alike. Whether you prefer the simplicity of MT4 or the enhanced powers of MT5, these offer a seamless trading experience. They include a wide range of tools at your disposal.

Navigating the Trading Environment of TradeMarketsPRO

TradeMarketsPRO employs aggressive marketing strategies. They do this to target clients, with a particular focus on Australia and Sweden. 

Yet, the broker’s credibility comes into question due to a lack of clarity about its ownership. Please be mindful of this.

Demo Account 

The absence of a demo account further restricts traders. It deprives them of the opportunity to thoroughly test the platform’s functionality and evaluate its suitability for their needs. 

These factors raise concerns about the overall trading environment offered by TradeMarketsPRO. You must carefully consider the broker’s offer before engaging.

TradeMarketsPro’s Account Types: An Unfortunate Reality

TradeMarketsPro, a questionable broker, presents a range of account types to lure unsuspecting traders into their scheme. 

Yet, it is important to note that these account types are associated with a broker lacking credibility and regulatory oversight. Nevertheless, for the purpose of providing information, here are the account types offered by TradeMarketsPro:

• Basic Account – Starting with a minimum deposit of $250, this account claims to provide basic trading tools and features.
• Gold Account – Demanding a hefty deposit of $25,000, this account supposedly offers margin loans. Also, they mention sessions with a market analyst and swap discounts.
• Platinum Account – Targeting traders with a substantial capital of $100,000, this account promises increased margin loans, personalized sessions with market analysts, and exclusive market insights.
• VIP Account – This account requires a significant deposit of $500,000. It claims to provide personalized trading strategies and dedicated support from professionals.

TradeMarketsPro attempts to entice traders with these different account options. Still, it is vital to emphasize the risks involved. Be aware that engaging with unlicensed brokers like TradeMarketsPro or FxAlta puts your money at risk. It is wise to trade with regulated brokers that focus on transparency. Also, stick to industry standards, and protect your interests.

Can I Earn & Withdraw from TradeMarketsPRO?

Due to TradeMarketsPRO’s unregulated status, clients face significant risk when it comes to withdrawing their profits or even their initial deposits. The lack of regulatory oversight means that there are no guarantees of a fair and transparent withdrawal process. Additionally, the broker’s failure to provide clear information about withdrawal procedures and available payment options further adds to integrity concerns. 

Traders who have fallen victim to TradeMarketsPRO’s scams are strongly advised to take immediate legal action. It’s crucial to seek professional assistance to recover your funds. It is important to engage with experts who specialize in fund recovery to maximize the chances of reclaiming lost investments. 

This is done by holding the broker accountable for their fraudulent activities. You can always reach out to us and we will help you get your money back. 

Customer Support

TradeMarketsPRO includes client support via multiple channels. This includes phone numbers (+61863839719, +441905671009), an address located at 2 Merchant Sq, London W2 1AF, UK, and an email address ([email protected]). 

However, doubts exist regarding the responsiveness of their support team. Customers have reported difficulties receiving timely and satisfactory assistance from TradeMarketsPRO’s support staff. These concerns raise questions about the reliability and effectiveness of their customer support services.

TradeMarketsPRO: Trader Reviews

User reviews play a crucial role in assessing a broker’s reputation. While there are multiple negative reviews and scam alerts about TradeMarketsPRO, it is important to exercise caution when considering such sources. 

Authentic user feedback helps uncover broker practices and potential issues faced by traders. We recommend conducting thorough research and consulting with us to ensure trading security.

Long Story Short – TradeMarketsPRO

All in all, TradeMarketsPRO operates as an unregulated brokerage. They lack transparency, proper regulation, and legal documentation. 

The absence of a demo account, limited trading platform options, and the company’s negative reputation further raise concerns about its trustworthiness. We strongly advise traders to choose regulated and reputable brokers. These brokers prioritize the safety of clients’ funds and provide clear and reliable trading services. Say away from brokers like BluFX and TradeMarketsPRO. 

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