TradesPeck Review – Avoid tradespeck.com Scam At All Cost!

What is TradesPeck?

TradesPeck positions itself as a unique player amidst its competitors, boasting exclusive features and services that allegedly set it apart in the marketplace. In our analysis, we strive to determine the veracity of these lofty claims. Moreover, we will scrutinize user feedback and concrete evidence to discern whether this broker might be involved in fraudulent activities.

Literally everything on the official site raises doubts about the legitimacy of the broker’s operations.

Unregulated Broker

Unregulated brokers are often a red flag in the trading industry, indicative of potential scams. Regulatory bodies serve to protect trader interests, and a broker without any form of recognized regulation warrants suspicion.

Undoubtedly, TradesPeck has been marked as a deceitful trading platform. Despite its appealing website interface, it lacks the necessary details to assess the legitimacy of the broker.

Specifically, there is uncertainty surrounding TradesPeck’s operational jurisdiction, the state and identity of the entity running the brokerage, and most importantly, its trading license. None of these crucial details have been disclosed by TradesPeck, suggesting that the broker operates in anonymity and is likely engaged in deceptive practices.

The only information found on their website was an unverified London address and some phone numbers – inadequate to establish trustworthiness. Given that TradesPeck purports to operate from London, UK, it is obligated to have a valid license from the country’s primary regulatory body – the Financial Conduct Authority (FCA). The FCA supervises brokers and regulates their operations.

Based on the evidence we’ve gathered, it’s clear that TradesPeck lacks appropriate regulatory oversight and authorization. In our final effort to ascertain whether the broker holds a Tier 1 license, we explored several other databases of licensed brokers. These include those maintained by CySEC, ASIC, BaFin, CONSOB, and CNMV.

Also, if you open the “Legal – Regulation” section of the site, you will notice a large block of text. The text clearly states that the broker does not currently have a license, but is very eager to get one. What nerve to directly state that there is no legal basis for trading and at the same time offer services to traders.

TradesPeck: Account Types

As we said before, you shouldn’t trust a broker. Let’s take a look at the minimum deposit required by the broker. The minimum starting deposit is 10,000 euros. And the maximum is 1,000,000 euros!

• Bronze – €10,000
• Silver – €25,000
• Gold – €50,000
• Platinum – €100,000
• Diamond – €250,000
• Premium – €500,00
• VIP – €1,000,000

But some reviews on the Internet say that consultants calling on behalf of the broker insistently suggest to start with 250 euros. Isn’t that strange?

There are many licensed brokers with minimum deposit from 1 dollar. Do not take the risk of losing your money. Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

What Are the Warnings Issued by TradesPeck?

Unfortunately, the TradesPeck broker has no warnings yet. But it may happen soon. We will watch for further developments in the situation.

TradesPeck is not the only platform accused of scamming users. It’s important to remember infamous scams like VIPBN, Grotfinance, 7Tesler and others, to better protect oneself in the digital trading space.

Traders Reviews About tradespeck.com

At the time of our investigation, TrustPilot featured a total of 91 reviews for this company. Perhaps the most disconcerting aspect of this narrative is the abundance of seemingly fabricated positive reviews. It’s well-known that scammers often pay for high ratings, significantly enhancing their reputation – a critical factor that entices new investors.

Nevertheless, the negative reviews and assessments from aggrieved customers have been highly revealing. We strongly advise reading these if you’ve ever contemplated investing with this fraudulent financial service provider.

This company lures you in and wants you…
This company lures you in and wants you to invest a minimum amount of about 250 euros. The first days you will see a fantastic result. Then they call you with to persuade you to put in as much money as you have available. They even advise that you should take out a loan. If you want to be careful, they say that you are not doing well with your minimum investment. You have to invest more or you will lose value on your investment. I fell for it once and invested 2000 euros extra. You guessed it; this was also insufficient according to Tradespeck. I didn’t want to invest any more, but i wanted to close my account. They couldn’t do that right away. After a few weeks, the value of my account was even negative! The company is fake. The address listed on their web page does exist, but according to the landlord it is not rented by Tradespeck or any similar company. They call with an internet phone that allows them to use any country code they want. Each time they call you will see a different number in your screen. You can never call them back. You can only transfer money using Bitcoin but not via a normal bank transfer as is possible with every reputable trader. Be warned, don’t fall for it!

Date of experience: June 06, 2023

Analysis of The Domain tradespeck.com

The first thing we found was the domain registration date of 2023-02-02. At the time of research, the site is only 4 months old, and the broker still does not have a license but has the nerve to demand a minimum deposit of 10,000 euros, as we said earlier. Negative highlights:

• The identity of the owner of the website is hidden on WHOIS
• The Tranco rank (how much traffic) is rather low
• This website has a lot of reviews while being very young
• The age of this site is (very) young.

What Steps Should I Take If I Fall Victim to the TradesPeck Scam?

We understand your concern and distress. The detrimental effects of scams can significantly impact individuals’ financial stability. It’s crucial to take proactive measures to prevent the fraudster from profiting from your loss and to strive to recover your misappropriated funds. We recommend contacting us as soon as possible for effective assistance.

Our committed teams of legal experts are ready and willing to assist individuals in your situation. You can reach out to us at any hour, and we’ll utilize our resources to listen to your concerns and offer expert advice.

TradesPeck: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about TradesPeck. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about TradesPeck!