Tradevalo Review – Is a Scam Crypto Broker?

Tradevalo Review – Is a Scam Crypto Broker?

Tradevalo Key Features

🔴 Tradevalo services are questionable – a warning sign!

🔴 Tradevalo was reported as a scam – a red flag!

🔴 Tradevalo is not transparent – a red flag!

🔴 Tradevalo creates unreasonable expectations – a red flag!

Tradevalo Products and Services

Tradevalo is a fake broker offering fictitious trading services. We claim it for several reasons that will be explained throughout the review, but the products and services assessment alone proves there is something fishy about this so-called brokerage. To begin with, they don’t provide detailed information about the trading service – no spreads revealed, no leverage levels mentioned, and no minimum deposit requirements designated. There is a lack of transparency as for the service, which immediately triggers the first red flag! But that’s just the beginning.

Unfortunately, we couldn’t access the client area due to issues in the sign-up process, so we can’t really confirm that the so-called broker has a functional trading platform. In any case, though, the deficiencies come as just another red flag as reliability gets reduced. Also, take into account that Tradevalo claims to be highly specialized in crypto, and we have all needed to call the brokerage a suspected scam – the current trend among scammers is to offer crypto services! Beware!

Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.

That said, it’s worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won’t be exposed to fraud risks if you trust them.

Tradevalo Company and Regulation

Tradevalo claims to be headquartered in the UK, but that’s not true. In fact, it could be, but they are not at the address you can see below. In addition, we could link the broker with no legal entities, let alone regulated ones, so Tradevalo happens to be completely illegal. When it comes to trading, be it crypto trading or not, the license is mandatory as it guarantees that your funds are kept secure. Well, in this particular case, your money will be exposed to risks and most probably misappropriated, so make sure to stay away!

Also, note that they are lying by saying that the broker is globally licensed and regulated! That’s a scam!

So, the crypto service under review isn’t a typical firm, and as such, it’s not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won’t have access to complaint procedures or money protection schemes, so if things go wrong, you’ll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can’t get your money back.

Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that’s considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn’t apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients’ money and get away with the crime.

Tradevalo Address and Contacts

Address:518 Kendell Street, S1 3SN Sheffield, United Kingdom
Phone number:None
E-mail:[email protected]; [email protected]

As mentioned, Tradevalo’s address is fraudulent – it’s not where the scheme is located at. Also, there is no phone number provided, so under this section, we should once again register a lack of transparency – how much they are willing to share with the public! That’s another red flag!

Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn’t transparent. Website Info

Alexa RankingNone at the time of writing
Server Country USA
WHOIS Reg. Date2021-06-27
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is Tradevalo Safe?

Tradevalo is not safe! From what we saw, it’s a fake brokerage offering fictitious services, so make sure to avoid it, or you’ll risk losing money to fraud! In fact, we highly doubt that Tradevalo can offer any products and services whatsoever, and there are indications that these scammers involve dating and romance fraudulent tactics to scam people. You should know it’s a scam if a girl randomly approaches you, asking you to open an account with Tradevalo!

Scam Warning

Scammers are always riding the trends, so it’s not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don’t really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.

The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won’t deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.

1 Comment

  1. I got scammed by Charlotte gray fx, she sold all my shibbas and buy bitcoin ans that was the end of it

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