Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 9
Exposure
Score
Regulatory Index0.00
Business Index6.80
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
TTRADE TECHNOLOGY LIMITED
Company Abbreviation
TTRADE
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Cheat customers to transfer th Forex reserves to funds. And unable to withdraw. Be careful with that bilk technique!
On last December 23rd, MSFX suddenly issued an announcement saying that it will carry out merger and acquisition reorganization with British TTRADE . As of June, the company gave no explanation as clients’ deposit becoming fund and profit becoming unavailable. Clients was plunged into abyss. The chairman Chen Wei was out of contact. The agreed break even was nonexistent. In the month, TTRADE and MSFX also invited Ma Nailing to verify the authenticity. Take heed on it. Now they are still engaged in TT currency.
With the excuse of merging with 222, actually, TTRADE has absconded. Both fund and bonus are unavailable. In this January, I deposited 10 thousand dollars to buy the fund, which is doomed. Chen Ke(Alias: Kevin Chen), the profiteer of the Ponzi Scheme, should refund us.
TTRADE, cooperating with Cougar FX , gave no access to withdrawal with the excuse of upgrading, let alone fund income. Chen Wei is simply a fraud.
This person was a fraud of TTRADE , who in collusion with Chen Wei of Ttrade. He has absconded now. Take heed on it.
On December 23, 2019, Cougar FX suddenly issued an announcement saying that it will carry out merger and acquisition reorganization with British TTRADE. During December 23, 2019 to January 31, 2020, it promised a 10% subsidy to investors. From January 31 to March 31, 2020, no news was released. On April 12, 2020, TTRADE issued a notice saying that the European and American markets were affected by the epidemic, thus original process was partially stalled. It will cooperate with the economic environment and actively follow the old procedures and steps steadily advance. On April 22, 2020, TTRADE released news that: under the influence of many factors such as data connection and trading team during the handover process, it decided to cancel the original trailing products. The balance of the original trailing account will be fully transferred into the fund account, and the profit distribution and bonus activities will be carried out according to the fund issuance requirements. On June 4, 2020, the fund expired, while the fund's profits were not received. There was no news from TTRADE during this period. Chairman Chen Wei directly asked investors to call the police. Currently, Chen Wei is still carrying out financial frauds in China. TTRADE issues TT coins and conducts tradings on Huobi website. I caution you against it.
TTRADE released the notice that it would merge with TTrade on last December 23rd. After that, the withdrawal became unavailable. It has been verified as the Ponzi Scheme. Many investors have called the local police. Hope the gang of Chen Wei, Chen Ke(original name:Chen Kaiwen) and Wu Zhuli be seized soon.
I made operations with the USD-EUR pair and I made a lot of profits with $5,400, knowing that my initial deposit was $1,070, with a very good return, but they did not give me an reply.
General Information
TTRADE TECHNOLOGY LIMITED is a financial services company that engages in providing clients with various financial products and services. It is under the supervision of Vanuatu Financial Services Commission (VFSC).
Market Instruments
TTRADE offers investors a range of financial instruments including forex, commodities, indices. TTRADE covers 70+ currencies, including major currency pairs, minor currency pair, cross-currency pairs.
Accounts & Leverage
There are two kinds of account types for investors to choose from at TTRADE, namely Standard (minimum deposit of $200 USD) and PRO (minimum deposit of $20000 USD). The maximum leverage is up to 400:1.
Spreads & Commissions
The spreads start from 1.6 pips on Standard account and from 0 pips on PRO. The trading cost is $0 USD for Standard and $7 USD per round trade for PRO.
Trading Platform
TTRADE provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform (iOS, Android, Mac OS, Windows).
Deposit & Withdrawal
Funding methods include wire transfers, China Union Pay (CUP), Skrill, Neteller, etc. TTRADE does not have minimum requirements for single deposit accounts or minimum balance requirements.
Accepted Countries
Products and Services offered by TTRADE are not intended for residents of the United States.
Customer Support
If clients have any questions or concerns, please call +852 51976649 or email info@ttradefx.com for consultation.
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