Trades Universal Review: Why You Should Avoid This Offshore Firm

Once you start digging deeper into the Trades Universal website, you realize first that the company doesn’t have any regulations. Because this is an offshore broker company registered in Marshalls you need to know that small countries can’t do any regulation whatsoever. This usually ends up with clients being ripped off.

From the fake address to the fake regulation claims, we will cover all the lies that this investment scam has said in this Trades Universal broker review.

Trades Universal Regulation and Funds Security

Trading with an unlicensed trading company like Trades Universal is very controversial. Simply, companies like these can make up any terms and conditions that they wish. Most clients are not even reading them and that’s how they start losing money.

Even if Marshalls had regulation, that wouldn’t be good enough. Even the most trusted trading companies in the world have regulations. The difference is that legitimate companies are looking for the best ones. In other words, Trades Universal is nothing more than just another scam broker. 

Trading Platform Supported Overview

Luckily, Trades Universal gives you direct insight into their web-based trading platform. What is a downside of that is that you can very quickly realize that it’s not so good. The platform itself is not offering any significant tools for trading. It’s not user-friendly and from our experience, it can be very manipulative.

Through years of analysis, we found that platforms like these most of the time present you with information that is not real. Sometimes even data on charts, but the even worse part is your capital. There is a high probability that money is gone before you even start trading.

Funding Methods Available at Trades Universal

The funding methods this broker offers include:

• Credit and debit cards
• Bank transfer
• Cryptocurrencies

But we urge all potential clients to avoid depositing with Trades Universal altogether as it’s essentially just a lousy scam trying to steal your money. Additionally, they allegedly don’t have a minimum deposit requirement but while reading online complaints about the broker we found that people were urged to invest at least $250.

As for withdrawals, there cannot be a lot found on the broker’s website so we turned to customers’ reviews. We weren’t particularly surprised when we encountered many complaints about the broker and the majority of them stating similar withdrawal issues. In short, this investment scam just disappeared after telling their clients that they will get their money back.

Don’t feel ashamed if you have ever fallen victim to this type of deception, many people do, just be sure to report your scammer and file a complaint with your bank as soon as possible. And feel free to reach us in case you have been scammed since we can help you get your money back and as well help you report your scammers to the authorities.

Trades Universal Account Types Available

Trades Universal broker doesn’t offer any specific accounts for trading. The minimum requirement is $250 and after that everything is on you. With companies like this, there’s a high chance that you’ll be offered account types once you see your first results.

Be aware of these tricks. To see how much you can make, you can do that with licensed companies. They often offer micro accounts and whatever you make you can scale it.

How the Scam Is Undertaken

Like many scam brokers, Trades Universal will make an ad where they will state people have made huge amounts of money by investing with them and using their trading software. Once you have your details, that’s when the scheme tactics begin.

The company’s agents will start by sending you emails which then will turn into constant phone calls. When they get you on the line, agents will do anything and everything in their power to get you on board. And of course, the more you invest the more you will make.

Don’t fall for those cheap tricks and always do the needed diligence and research before you invest.

Trades Universal Summary

In this broker review, we tried to warn you about this online trading scam and the many tactics they use to deceive people. Trades Universal allegedly gives its clients the opportunity to invest in forex, CFD and much more but in reality they are just stealing their hard-earned money.

In addition to this, Trades Universal has also been issued a warning by CNMW which is a Spanish regulatory body and one from CMVM. These warnings should always be taken seriously and never overlooked as they often indicate that the broker is no more than a cheap scam.

Be sure to always do proper research on the broker you want to work with so you know what you are getting yourself into. Online reviews could also help you get a clearer picture.

In case you had any negative experience with this or any other fraudulent broker, we would greatly appreciate it if you could share it with us as we can assist you by reporting your scammer.

FAQs About Trades Universal Broker