TradevarFx Review – Facts About TradevarFx.Com Broker

TradevarFx is claiming to be an award-winning broker that gives you the possibility to invest in forex and CFDs while being completely transparent and regulated. The reality, on the other hand, is very much different since TradevarFx has copied a real licensed and regulated broker from America.

But that is not where their lies end, since this broker didn’t even provide basic information such as a phone number and address.

In this TradevarFx review, we will strip down how this investment scam operates and why you should stay away from it.

Regulation and Fund Security at TradevarFx

TradevarFx puts up a quite legitimate-looking facade. We could almost get fooled by this spotless exterior but the problem is that some of the essential information we would need to check before opening an account with a broker was actually missing. There is no phone number and no address, the only thing they have available as a contact is email.

On top of that, TradevarFx is copying a fully regulated American company TD Ameritrade. From the look of the website to the information given, TradevarFx has copied everything but one thing. And that thing is regulation and license. TradevarFx is not a regulated broker.

Another thing is that there is supposed to be a search engine, where you are invited to enter your current coordinates such as your home town and postcode so that you can find the nearest TradevarFx branch around you. But guess what, the search engine simply turned out not to be functional.

All this information leads us to believe that TradevarFx is nothing more than another scam. Also, they have violated many terms and conditions.

Trading Software Available at TradevarFx

It’s quite funny how TradevarFx has promised access to web-based platforms that “are filled with innovative tools and features to give you everything you need to make smarter, more informed decisions”. However and you have probably already guessed, this is just empty talk.

The broker did not provide access to any sort of software you could actually use for trading. Opening an account with them would be completely pointless since there is no possibility to do the actual trading.

We do recommend you find a broker who has the proper trading software and platform and not waste your time with scam ones.

Deposit and Withdrawal Methods

TradevarFx claims they offer deposits through various methods:

• Visa or Master credit or debit
• Electronic bank deposit
• Mobile payments through their app
• Check payments

If all of these payments were true, it would be amazing to have such diverse methods of deposit. But to no one’s surprise, once we tried to activate the account, the only available option was to activate using Bitcoin.

It’s not surprising to see that, since many scam brokers like to use cryptocurrencies because once you make a transfer you will not be able to ask for a refund. And that’s not all.

We found a lot of user complaints regarding the withdrawal issues. Many of them said they are unable to withdraw their money but don’t know what the problem is. Users also asked agents to help them do so, but agents just disappeared.

There are many complaints against the broker and that is why it’s important to think twice before investing your money anywhere online.

How the Fraud Was Carried Out

We all know that many of these fraudulent brokers like to make fake advertising online with promises of big and fast profits. TradevarFx is just one of the many fraudsters out there using this method.

It all starts with a video of people who got rich fast using their trading software. Once you leave your information that is when everything starts. Their agents will start with emails which will then turn to phone calls until they get you on the line. They are trained to be very persuasive and will do anything to get you to invest.

Never fall for quick and easy earnings, since it’s nothing more than just a scam to get all of your money. And if you have been scammed, don’t feel ashamed. It can happen to anyone and getting your money back is possible! We would be grateful if you can share it with us since we can help you report your scammer to the authorities.

TradevarFx Summary

While we were conducting this review, we were surprised how TradevarFx has no shame in copying someone else and pretending to be them. As much as the website might look legitimate, the fact is that it’s not. This broker is not licensed or regulated.

They are also missing basic information such as the phone number and address.

With all of this said, we do advise you to stay away from this fraudulent brokerage. Investing with them will put you and your funds at risk.

FAQs About TradevarFx Broker