T-Rea: reviews and detailed overview of brokerage services
Company Review T-Rea
Company T-Rea is characterized as an advanced broker with an excellent reputation and positive reviews. Traders are provided with over 200 trading instruments, as well as ensured absolute security and fund preservation. How reliable this information is, and what really awaits the clients of this firm — we will find out in this review.
Main Information and Terms of Working with T-Rea
The portal of this broker is quite eloquent and, at first glance, instills trust. There are multilingual options, a section with accreditations and contact information. Also, there are factual data regarding the broker’s honesty with a successful history.
Analysis of the website creation date showed that the information was last updated in 2021. This may indicate that the domain was bought anew.
Regarding contacts, there are questions as well. The reason why the address is listed in Austria, while the phone numbers are in Hungary, remains a mystery.
By the way, Google did not provide an answer regarding the address either. The city exists, but further, it seems to be just a meaningless sequence of letters.
There is also a lack of clarity in the phone number, the country code for Hungary is +36, but with code 81, there are no operators in the country.
All this mess with contact information is a typical practice of scammers trying to cover their tracks. It is assumed that a deceived client would not call Hungary or write to the provided address. And according to reviews, support emails are also useless.
Let’s see what documents regulate the relationship between the trader and the service provider. Finding the “User Agreement” and “Money Refund Policy” is possible only upon registration, full agreement with these documents is mandatory.
From the “User Agreement,” it becomes clear that despite the registration address (claimed to be Austrian), T-Rea operates in accordance with the legislation of the Republic of Vanuatu.
From the “Money Refund Policy,” it is evident that withdrawing funds is not that simple, first, they will be checked for “legality” for a month. Complaints mention that this check is endless and only leads to new expenses.
Checking T-Rea Licenses and Accreditations
The page claims that the company’s activities are regulated by several respected organizations, and license numbers are even provided. This information can easily be verified on the websites of these regulators.
Let’s start with the Cyprus Commission. In the alphabetical index of companies with this name is absent. Checking by number also yielded zero results, there is no license with number 569/45 in the registry.
The licenses issued by the International Financial Services Commission of Belize with the specified number also do not exist.
And in the registries of the Financial Services Commission of Mauritius, there is no documentation related to T-Rea.
None of the claimed licenses correspond to reality, which directly indicates deception. Since scammers target Russian citizens, it is necessary to ensure whether they have permission from the Central Bank of Russia. Not surprisingly, such a document is not there. The broker operates illegally in our country. And this means that in case of fraud, your money reimbursement will be impossible.
Furthermore, another insignificant but unpleasant deception that we have uncovered. In the “About the Company” section, there is a list of awards.
However, they all raise questions. For example, the IAFT Awards website presents organizations that received awards in 2019, but T-Rea is not among them. As for the award received in 2021 from IAIR Award, the broker’s site lacks the corresponding category for awarding diplomas. Other awards cannot be verified, but we have no basis to trust their authenticity.
Trading Offers
One of T-Rea’s offers is the opportunity to trade with high leverage with a minimal deposit.
Such a huge leverage may seem like a privilege to beginners and a chance to earn large sums quickly (clever managers do not rush to dissuade them). In reality, in the hands of an inexperienced trader, this is a sure way to lose the deposit in a few days. Let’s not forget that the deposit protection service is only available to elite account holders with a minimum deposit of $10,000. Are you ready to risk such an amount?
Given the information provided, it is difficult to believe that such a service actually exists.
How all operations are carried out is not specified, the website only mentions “functional terminal.” Probably, this is an internal development that allows manipulation of prices at their discretion.
Real Client Reviews
T-Rea scammers have already started active advertising and client attraction. They are the ones sharing their impressions of working with the broker online:
Such unequivocal reviews once again confirm that we are dealing with typical con artists. Be vigilant and learn from other’s mistakes.
T-Rea Scammers Model
Perhaps, like many scammers in the financial market, this deception did not come up with new tricks. The fraud scheme may be primitive, but still profitable for the organizers. Initially, managers “engage” clients, promising huge profits and various support at the initial stages. After registration and deposit, the following situations may arise:
- The account is frozen for an invented reason or without explanations at all (in case of complaint, you will have to go to the courts of the Republic of Vanuatu, as we discovered),
- Funds are not withdrawn, requiring additional commission, insurance, fees, and other payments,
- Exchange rates are manipulated in a way that the trader loses the entire deposit and remains even indebted to the shady company, at this moment threats of legal proceedings and psychological pressure are used.
According to reviews, T-Rea professionally uses all possible deception methods, staying aside from morality and legality.
Review Summary
After the analysis conducted, it turned out that T-Rea are ordinary fraudsters. The company lacks the claimed licenses and laurels, the contacts are fake, and the legal documents are insubstantial inside. Anyone who decides to invest money risks losing everything invested, let alone profit withdrawal, as reviews confirm. Do not become pawns in the hands of scammers and do not engage with the deceivers from T-Rea.