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Tradexenvoy

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Operating status: SCAM

Website: https://tradexenvoy.com/

Broker violations and abnormal records
  • 2023-08-31 BrokersView has reviewed that Tradexenvoy is an unregulated broker

    Tradexenvoy's domain was first registered in May 2023. Roughly three months are not enough for a platform to complete its application for relevant licenses. Therefore, there is a question mark over its legitimacy.

    Tradexenvoy claims that they want to "create 100% transparent digital trading experience for its clients", but you cannot even find the necessary information about its operator and the essential legal documents on its website.

    There is no regulatory information provided by the platform, which is a significant scam indicator. Legitimate ones always prominently display their accreditation and licenses to instill transparency.

    Although the website provides an address in the US, there are no indications that it is registered with the National Futures Association (NFA).

    In essence, Tradexenvoy is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. 

    Tradexenvoy is unequivocally a scam.

    Tradexenvoy's domain was first registered in May 2023. Roughly three months are not enough for a platform to complete its application for relevant licenses. Therefore, there is a question mark over its legitimacy.Tradexenvoy claims that they want to "create 100% transparent digital trading experience for its clients", but you cannot even find the necessary information about its operator and the essential legal documents on its website.There is no regulatory information provided by the platform, which is a significant scam indicator. Legitimate ones always prominently display their accreditation and licenses to instill transparency.Although the website provides an address in the US, there are no indications that it is registered with the National Futures Association (NFA).In essence, Tradexenvoy is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Tradexenvoy is unequivocally a scam.

Related Complaints

Q&A

Should I give the document to Tradexenvoy? Is Tradexenvoy safe?

Kalley Sianos
Colombia
2023-10-09
ANSWER No, Tradexenvoy is not safe and you should not send your documents to them.Tradexenvoy's website was only launched in May 2023. This is too short of a time for a platform to obtain the required licenses to operate legally. Thus, its credibility is doubtful.Tradexenvoy says that its goal is to "create 100% transparent digital trading experience for its clients", but its website lacks the basic information about who runs it and what legal documents it has.The platform does not disclose any regulatory information, which is a clear sign of a scam. Legitimate platforms always show their credentials and licenses to demonstrate transparency. While the website claims to have a US address, there is no evidence that it is registered as a member of the National Futures Association (NFA).In summary, Tradexenvoy is not regulated by any authority. Investing with this broker is very risky, as there are no legal safeguards for the investors' funds. To protect traders from fraud and identity theft, it is advisable to opt for a fully regulated broker instead.
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