TradeZoom: latest customer reviews in 2024
TradeZoom is a global broker known for its competitive spreads, protection against negative balance, and aggregated accounts. However, according to real customer reviews, the company turns out to be a typical financial scam. An independent review provides information on the verification of legal documents, commercial terms, and reviews from real users.
Facts about TradeZoom company
TradeZoom presents itself as the best brokerage service for institutional clients and retail investors. According to statements, the company has been operating since 2015 and has a distributed service geography with more than 9 offices worldwide. Reports claim that the company’s clients have received over $314 million in profit over the past year.
The domain tradezoom.pro was activated at the end of May 2023. Checking the domain history indicates an attempt by a newcomer to the industry to assume the image of a respected company. However, the good intentions are openly questionable.
The company’s contact information leaves much to be desired. A fake office address in the UK and a lack of prompt customer support confirm suspicions. User reviews also speak of ineffective communication with support.
Licensing and financial responsibility
TradeZoom claims to operate within the legal field, providing a link to the FCBSM license, which was provided at the end of 2022. However, verification shows that FCBSM is a fake regulator with no legal authority. The UK has only one regulator – FCA, and TradeZoom is not listed in its registry.
The cooperation terms stated by the company include a minimum deposit, interest rates, and investment tariffs. However, the actual platform’s operation points to the company’s questionable actions focused on taking money from clients.
Real customer reviews
TradeZoom receives many critical reviews from its customers. Complaints include the inability to withdraw funds, financial fraud, and the broker’s unreliability.
How TradeZoom deceives
TradeZoom takes advantage of the lack of experience and knowledge among newcomers in financial markets by offering generous bonuses without disclosing the cabal conditions. Many clients find themselves in a difficult financial situation and face the impossibility of recovering investments without the help of chargeback services.
Conclusion
TradeZoom turns out to be a risky partner for traders. A detailed check confirms the concern of customer reviews. It is recommended to look for other brokerage platforms to earn on financial markets and avoid capital loss.
