Every financial institution and everyone involved in financial operations is required to hold a license, as is common knowledge. Naturally, the majority of sophisticated nations have their own financial regulatory body that oversees and audits investment firms. In the event of any broker-related issues, reliable regulation guarantees that your rights will be respected. All we know about Tradiso is that it is run by Tradiso Group LLC, which has an office in Beachmont, Kingstown, St. Vincent and the Grenadines, at Suite 305 of the Griffith Corporate Center. The broker also mentioned that SVGFSA regulates it. It is advised to look at Review on Traidso.
Every seasoned trader is aware that the Financial Services Authority does not authorise or oversee foreign investment firms. It is obvious that they are not accountable for the actions of investment firms that assert to be subject to FSA regulation. However, we reviewed the databases of all financial agencies with a high trader trust rating in order to make our assessment completely honest and objective. The broker was not listed in any of the databases maintained by BaFin, FCA, ASIC, CySEC, etc. In addition to the aforementioned, we strongly advise against investing in 365Falcon, Capital Index Fund, and dishonest brokers Finance and Currency Limited.
Problems with Traidso
The funding and withdrawal options provided by Tradiso Broker represent a standard fraudster transaction model. You can only add money to your account using cryptocurrencies. The blockchain system is still anonymous, despite the confidence that may be generated by names like Bitcoin, Dash, Litecoin, Ethereum, and others. You may defend yourself from scammers’ attacks by choosing brokers that accept Visa and Mastercard for deposits and withdrawals.
The majority of Tradiso complaints, according to website review statistics, were from Americans, Canadians, and Lithuanians. People were reportedly drawn into the fraud by the legitimate-looking website and their ignorance of offshore regulators like the FSA. Even though certain review websites are replete with glowing testimonials about the broker, there is no guarantee that you won’t fall victim to a Tradiso scam. There are a lot of comments from duped investors in the trading communities. The inability to withdraw money from a personal account is a regular issue for traders.
Web and mobile trading with Tradiso
Three methods of trading are available through Tradiso:
- Dash Trader Pro
- MetaTrader 4
- and MetaTrader 5
Each platform has desktop, browser, and mobile versions accessible (including Android and iOS). However, we caution you against using this broker because of his lack of a licence. It is preferable to select from a large selection of regulated businesses that provide cutting-edge virtual instruments of MT4 and MT5.
Final thoughts
The “suspect” of today employs a simple but effective deception method. The broker starts by building a reputable website and adding knowledgeable information to it. Second, the company has the necessary expertise to provide the impression that clients are succeeding at first in order to convince them to make higher investments. Finally, you discover that your account has been restricted and that you are unable to contact your bank because cryptographic transactions are completely protected.
