When looking to trade in the financial markets, it is crucial to choose a reputable and reliable broker. Unfortunately, not all brokers are trustworthy, and some have been known to engage in fraudulent activities, including scamming traders out of their money. One such broker that has been the subject of controversy is Traderactive.
Is Traderactive a Licensed Broker?
Traderactive claims to be a licensed broker and has even displayed a license number on its website. However, upon further investigation, it is discovered that the license number is fake, and the broker is not regulated by any reputable financial authority.
Why Should You Not Trust an Unlicensed Broker?
Unlicensed brokers are not bound by any regulations, and they can operate in any manner they see fit. This means that they are free to engage in fraudulent activities, including manipulating trades, stealing funds, and providing false information to traders.
Can Traderactive Be Trusted?
Given that Traderactive is an unlicensed broker and has displayed fake license information on its website, it is not a trustworthy broker. Traders should avoid depositing funds or trading with this broker as it presents a high risk of losing their investments.
What Do Traders Think About Traderactive?
Traders who have had experience with Traderactive have reported various issues, including difficulty withdrawing funds, lack of transparency, and poor customer service. Many traders have also reported losing their investments and being unable to recover their funds.
Was scammed by Traderactive? – Talk To Our Experts
If you have been scammed by Traderactive, it is essential to seek professional assistance to recover your funds. Our team of experts can provide you with a free consultation and service recommendations to help you get your money back. Contact us today to learn more about how we can help you recover from the Traderactive scam.
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