Home -
Exposure -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

Alleged Concerns with TradeEU.global's Trading Practices

TradeEU Global | 2024-11-25 18:08

Abstract:An individual trader has come forward with allegations of an unfavourable experience while using the services of the broker TradeEU.global.

20241125-180533.jpeg

An individual trader has come forward with allegations of an unfavourable experience while using the services of the broker TradeEU.global.

The trader began trading with the brokers advertised minimum deposit of $100, which initially seemed appealing. However, it is suggested that TradeEU.global encouraged a rapid increase in investment, allegedly advising traders to raise their deposits to $5,000 to operate with a broader trading margin. Furthermore, the trader reported being told that an even larger deposit of $10,000 was necessary to manage the margin effectively.

While the broker initially offered what the trader described as helpful explanations about trading strategies, the situation reportedly took a concerning turn. The trader stated that after achieving initial profits, they were allegedly pressured to invest additional funds. This pressure was reportedly justified by claims that more capital was needed to “secure the account.”

The trader also shared concerns regarding the aggressive trading activity encouraged by the broker. Daily communication from TradeEU staff allegedly urged the trader to open and close trades at a rapid pace. This level of pressure, particularly when accompanied by decisions that the trader felt unsure about, could imply an environment of excessive risk-taking.

The situation reportedly deteriorated when the traders account collapsed, erasing not only the initial investment but also approximately $20,000 in accumulated profits. This outcome left the trader with significant financial losses and a sense of frustration.

1.jpg

While these claims highlight potential areas of concern, it is important to note that such accounts are subjective and may not represent the experiences of all traders. However, the story raises questions about certain practices within the brokers operations. For instance, the persistent encouragement to increase deposits and the pressure to engage in aggressive trading might be interpreted as signs of high-risk strategies that could be unsuitable for many traders.

Traders considering investments with any broker are advised to exercise caution and conduct thorough research. It is crucial to verify the regulatory standing of a broker and review independent feedback from other traders. Additionally, understanding the terms of engagement and ensuring that one‘s trading objectives align with the broker’s services can help mitigate potential risks.

While this account does not conclusively indicate malpractice, it might serve as a reminder to traders to remain vigilant and prioritise informed decision-making.

2.jpeg
BrokerForex tradingForex BrokerForex newsforex marketScam AlertFraud Alert

Related broker

No Regulation
TradeEU Global
Company name:TRADESENSE HOLDING LTD
Score
1.26
Website:https://www.tradeeu.global/
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.26

Read more

OctaFX Flagged by Malaysian Authorities

OctaFX has been officially listed on warning lists by both Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC). These alerts raise serious concerns about the broker’s status and whether it is legally allowed to operate in Malaysia.

Original 2025-06-07 17:33

Errante Broker Review

Established in 2020, Errante has rapidly gained recognition in the forex and CFD trading industry. With a commitment to transparency, client protection, and a diverse range of trading services, Errante caters to both novice and experienced traders. This review provides an in-depth look at Errante's offerings, regulatory standing, trading conditions, and more.

Original 2025-06-07 15:36

IronFX Broker Review 2025: A Comprehensive Analysis of Trustworthiness and Performance

IronFX Review 2025: Explore the broker’s AAAA WikiFX rating, global regulations, and $500,000 trading prize. Is it trustworthy or a scam? Dive into our transparent analysis!

Original 2025-06-07 12:06

Why Your Worst Enemy in Trading Might Be You

Be Honest With Yourself: Are You Slowly Destroying Your Trading Account?

Original 2025-06-07 08:00

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
Blueberry Markets

Blueberry Markets

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
Blueberry Markets

Blueberry Markets

Regulated
GTCFX

GTCFX

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
Blueberry Markets

Blueberry Markets

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
Blueberry Markets

Blueberry Markets

Regulated
GTCFX

GTCFX

Regulated

Latest News

How much money will you earn by investing in Vantage Broker?

WikiFX
2025-06-05 14:15

IronFX vs Exness Review 2025: Comprehensive Broker Comparison

WikiFX
2025-06-05 16:31

Fraudsters Are Targeting Interactive Brokers' Users with Lookalike Emails

WikiFX
2025-06-05 17:34

Everything you need to know about ADSS

WikiFX
2025-06-05 16:55

SkyLine Guide 2025 Malaysia: 100 Esteemed Judges Successfully Assembled

WikiFX
2025-06-06 10:42

​Vantage Markets Review 2025: Trusted Forex and CFD Trading Since 2009

WikiFX
2025-06-06 11:53

Top Tips to Choose the Best Forex Broker in 2025

WikiFX
2025-06-05 19:31

SEBI Notifies New F&O Rules for Investors - New Derivative Trading Limits & More Amendments

WikiFX
2025-06-05 17:29

Interactive Brokers: Global Office Visits and Licensing Details

WikiFX
2025-06-05 17:37

U.S. Jobs Data Released: A Potential Boost for Gold Prices

WikiFX
2025-06-05 21:48

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Phillip Capital

Phillip Capital

IQ Option

IQ Option

Akita

Akita

GE GROUP

GE GROUP

BelightFx

BelightFx

Ace Forex

Ace Forex

CBF

CBF

SHARPS PIXLEY

SHARPS PIXLEY

Teyler

Teyler

Pi Capital Market

Pi Capital Market