Tradorax Review

This Broker is Closed – Go Find a Real Broker at the Best Brokers Page!

Tradorax Review

Tradorax was an unlicensed broker owned by AM Capital Ltd, located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960. Their UK phone number is +44 203 868 7870. Their contact email address is compliance@tradorax.com.

If you have a complaint, read this.

Tradorax Platform Review

Tradorax uses the TechFinancial trading platform, which gives you the ability to trade on High Low, One Touch, Boundary and Short Term options. Returns on the EUR/USD options is 85%. One of our favorite option types is the boundary option. Traders should read this article about trading boundary options. The boundary option can be used in both volatile markets and also quiet trading conditions. Their platform offers a large selection of currency pairs, both major and minor crosses including the Turkish Lira, Norwegian Krone and the South Africa Rand. Tradorax website is available in English, Russian and German.

Scam Trading Robots

You probably heard about trading binary options from an online advertisement which promises great fortunes.

Trading Signals Scam

ALERT! Most trading robots do not work and you will lose money, read why.

To see the real automated trading robots, look at these.

Tradorax Regulation

When reviewing a broker to determine if they are a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and if they fall under the MIFId rules in Europe?

Tradorax is not a licensed broker. See the reviews of the regulated binary option brokers here.

On June 6th 2013 the United States SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

Compare Tradorax

When researching broker, always first look at the List of Best Brokers.

Nadex.com (read review) is the best CFTC regulated binary options exchange in America!

Real people interested in legal trading will register for their demo account here.

HighLow is best Australian licensed binary options broker. They give you a free demo account, and they have 200% returns, with a $50 min deposit, read more.

Best Binary Options Brokers

What was your experience trading at Tradorax? Please share your review with other traders in the comment section below.



Tradorax Review

This Broker is Closed – Go Find a Real Broker at the Best Brokers Page!

Tradorax Review

Tradorax was an unlicensed broker owned by AM Capital Ltd, located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960. Their UK phone number is +44 203 868 7870. Their contact email address is compliance@tradorax.com.

If you have a complaint, read this.

Tradorax Platform Review

Tradorax uses the TechFinancial trading platform, which gives you the ability to trade on High Low, One Touch, Boundary and Short Term options. Returns on the EUR/USD options is 85%. One of our favorite option types is the boundary option. Traders should read this article about trading boundary options. The boundary option can be used in both volatile markets and also quiet trading conditions. Their platform offers a large selection of currency pairs, both major and minor crosses including the Turkish Lira, Norwegian Krone and the South Africa Rand. Tradorax website is available in English, Russian and German.

Scam Trading Robots

You probably heard about trading binary options from an online advertisement which promises great fortunes.

Trading Signals Scam

ALERT! Most trading robots do not work and you will lose money, read why.

To see the real automated trading robots, look at these.

Tradorax Regulation

When reviewing a broker to determine if they are a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and if they fall under the MIFId rules in Europe?

Tradorax is not a licensed broker. See the reviews of the regulated binary option brokers here.

On June 6th 2013 the United States SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

Compare Tradorax

When researching broker, always first look at the List of Best Brokers.

Nadex.com (read review) is the best CFTC regulated binary options exchange in America!

Real people interested in legal trading will register for their demo account here.

HighLow is best Australian licensed binary options broker. They give you a free demo account, and they have 200% returns, with a $50 min deposit, read more.

Best Binary Options Brokers

What was your experience trading at Tradorax? Please share your review with other traders in the comment section below.



Reviewed by Scam Broker Reviews
  • Loren Lynn Cole

    I’m looking into them right now to try with the software Cash Camp. I found some bad reviews on another site. If anybody has traded with them please let me know.

  • Tracy Richads

    I was very suspicious at first, but who knew trading can be that easy and rewarding, I appreciate the professional approach of tradorax, they gave me all the tools and help needed to trade in a successful way. I am very happy with all the experience, will keep on trading. My tradorax review – I recommend beginners and old time traders to try it out.

    • peter

      Here is another scam review about these crooks which stole my money! and i am not the only one. Stay away from tradorax they are thieves and scammers! I have an issue with them going on now for 2 month and if you search the internet you will find only negative reviews about them. Tracy Richards do you work for tradorax???

    • Lori Favela

      what has been you withdraw experience and how much did you start with? I’m only starting with $250

    • paul fredericks

      hi tracy how do you find tradox is it making you money?did you manage to withdraw with no problems?

    • Jerry Iverson

      Sorry Tracy, this sounds like a phony plant as this is worded just like an advertisement. Nobody talks like this. Be aware folks, don’t believe this when hundreds of complaints of out and out fraud are all over the internet. My situation is included. I was lied to, deceived, 8500.00 put into 2 trades with the longest one being 6 weeks out right after I told them I wanted out. They then lied saying the trade was dont right before my call when I have the printouts to prove otherwise. Scam artist, low lifes and theives.

  • E.patrick

    has anyone used the super simple bot is it proficient and reliable?

  • paul fredericks

    hi tracy how do you find tradox?

  • angelique p

    I recently joined CodeFibo and my allocated broker is Tradorax and I am very skeptical for a few reasons.
    1. they asked me to deposit $350 yet the initial deposit was $250
    2. every agent i have spoken to is not English they all have thick Indian accents and yet claim to be from the UK and all have English names.
    3. I am from South africa tradorax does operate from South Africa but when they call me on my true caller app it locates tehm in Johannesbug in South africa could this be due to cellphone tower reception or what it ust all sounds dodgy and have put sending my verified documents on hold even though i have invested.

    Please I need some clarity.

    • Lindo

      hi angelique
      what type of clarity are you looking for, maybe i can help expose them.
      I am in pretoria

  • Rodot Hesketh

    Just spoken with a ‘Trader’ at Tradorax. My gut told me not to trust them si I hung up. They rang me back and I told them point blank that I didn’t trust them and not to ring me back. So far they haven’t.

  • Eryn Macdonald

    Im glad I have seen all of this now before I invested the $3000 that they asked for last night. I have already invested $500 but they said they could not have a personal broker do trades for you with so little amount. I would have to try and do it myself! I am very worried I wont get that money back now and it is all I have at the moment. Has anyone found a regulated Binary options accounts that a beginner can use? Some seemed too complex to learn on.

    • Jerry Iverson

      Eryn, they lied to me telling me they were licensed when I asked. But they are not accountable to anyone. You can at least try to get your money, but your options are extremely limited. Just know on the bases of my and others posts that they are as crooked as you can get. If you get very lucky to get your money back, consider yourself one of the few. Sorry.

  • Jerry Iverson

    I sent in $10,500 and they made money to a total of 14,577. But it has been 2 1/2 months and I still cannot get my money back so a few weeks ago, I disputed the money I had put in on a credit card. Much deceipt has occured over the last few months and the finance manager called and after I told him I wouldn’t drop the dispute, he hung up on me. My financial afvisor called me next day and told me I would forfeit the 4057.00 I had left in the account if I didn’t cancel the dispute. NO way would I do that, so as it stands I am out the 4057.00 profit. STAY AWAY!

  • Jerry Iverson

    I gave them eventually 10,500 by the very hard sell financial advisor named Daniel Buckley. He had made me 2K in 5 days and I lost it by trading exactly how they “trained” me to trade. He then said he would trade on an ongoing basis if I send him 10K. I finally broke down and sent it. He right away then told me I needed a joint account where I got my friends together and send in a total of 100,000.00! Only then would he keep trading beyond 30 days for me. He is the same guy who right as I was telling him on the phone I wanted out, placed a 3500.00 and a 5,000.00 trades for 2 weeks and 6 weeks out. He then lied saying they were done before the call of which I have the time codes to prove him a liar. They will tell you ANYTHING to serve their purposes. The copy buffett auto trader which got me into this never worked and I got sucked in with a slick advisor. I finally after 2 1/2 months of not getting my money, disputed the 10,500 I had sent by credit card. The financial manager tried to get me to take off the dispute as I was “suing” them. Darn right I was suing them! Any reasonable person after 2 1/2 months would do exactly the same thing. But then I was told that I would forfeit the remaining 4057.00 of profits if I didn’t take off the dispute. NO WAY! I got taken once, and not falling for that. So I’m out that money but it is money they traded on my behalf anyway. Even though, it is legally mine. But know this folks, that no matter what they say or even write out in a contract, it means nothing if they are crooks. They only do that to keep you tricked into their web of deceipt. Especially with those in the USA like myself, they know it would cost more with a lawyer from the states to prosecute them so they have you over a barrell. I find it hard to believe that all the people who work there do not know exactly what’s going on. And how do all of them sleep at night knowing they are stealing from others. I read that one guy unfortunately sent them his life savings and now it’s gone.

    PLEASE STAY AWAY! IF I CAN HELP SOMEBODY TO DO THAT, I WILL FEEL GOOD.

  • Jerry Iverson

    Scripture says that “whatsoever you sow, that will you also reap.” So judgement awaits evildoers. I don’t wish that on them as upset with them that I am.

  • Jerry Iverson

    many of the things you write about happened to me too. I was also told the last advisor was “let go” which is only to give you some renewed confidence in Tradorax. I’m sure he is off ripping off many others.

  • Adrian Nash

    DO NOT INVEST YOUR $s WITH TRADORAX! IF YOU DO IT’S THE SAME AS BURNING IT!! They will place trades without your authority, knowledge or permission with the intention of it being an out of money trade & once you’ve deposited your funds with them you will find it almost impossible to withdraw it!! STAY AWAY!!

    • David Turner

      Im in thsame boat , a senior broker called Jordan Lehman seem so genuine and was going to make a small regular income for me but after coning me to invest £4375 on trades without my authority. he made these long term a month and 2 month at a time. and i did not want that.i only invested end of november,but after making 5trades instead of 18 that it says on Tradorax site. and only 2 out of the 5 were winning trades.he also did this by changing my login details . the last 2 trades were for £1672 which went down on 31/1/17, and for£5000 which went down on 28/2/17.The last trade was on Apple and he said it would go down when he placed it without me knowing 2 months ago.it went up straight away and finished 20points up.i told them that these were risky trades and i feared i would lose all my money.He assure me that they would be ok.When the first went down on 31/1/17.He said he was sorry, but we would be in the money with the Apple trade at the end of Febuary.Itold him I didnot think so.He also told me that this trade was risk free as he had it insure for the £5000.and i have proof that he said that in a email he sent me on the 1/2/17.i sent him a email on the 1/3/17. asking about the insured trade but he later reply that he was sorry again that we had lost the money, but the only one who has lost is me.THIS COMPANY TELL TOTAL LILES AND ALL THERE BROKERS ARE SCAMMERS AND CONMEN, FRAUDSTER, WHO SWINDLE DECENT PEOPLE LIKE ME ,A PENSIONER ON A FIXED INCOME OUT OF OUR LIFE SAVINGS. If i had my way i would round them all up throw them in jail and throw away the key. THEY ARE THE SCUM OF THE EARTH, AND HOW THE LAW IN THIS COUNTRY LETS THEM AWAY WITH IT I DONOT KNOW.

  • Miza Lona

    Tradorax is a SCAM, I am just another complainant that had been DEFRAUDED of some of my life savings by TRADORAX, who after taking my money, locked me out of the account. They don’t answer phones or when they do answer, they just hang up. Same goes for emails, they are ignored. The Financial Ombudsman is too busy dealing with PPI claims to actually do anything about these FRAUDS and tell me they are NOT ‘Regulated’.

  • Corrie

    Corrie Delport….
    Tradorax is a scammmmm….. Stay away please. In the beginning of your account, they make some money, Just to take it all back after a few wins and empty your account….

  • Meiyang KO

    this is a super scam website and company. they placed crazy trades in my account. 200 Euro every time. every 10 secs at the same trade… until I lost all the 4000. this is so crazy…. my hard work saving money…
    god…..

  • Donna

    Gaylinn, I am currently waiting on a call from by account manager. I have been withTradorax since Aug. My account manager has spent lots of time on the phone with me. He set me up with a trainer to teach me how to trade for myself. I started with Copy Buffet and $350 Over the course of the last 5 months, I have deposited over $14000. My account was $22,250 until my manager placed 3 trades for $5000 each with expiry dates of 2/28 and 4/28. I have left him a Skype message to please call me on Monday but fear the worst. I also put in a withdrawal request but feel it will be cancelled.

    Can you tell me how you were able to get your money refunded? Thanks for your help.

  • Anu

    How did you get your money back because we are in UK I have lost some money with them please help me

    Thanks

  • Quanita

    DO NOT USE TRADORAX!!!!! I am experiencing the exact same problem with them. I am sooo frustrated because of all the lies and to top it all their “managers” dont care a shit about the client…. Some please help me I am a 65 year old female and thought I will try and earn something extra … and this is what happened please help

  • Neri Credo

    If you give Tradorax your money, they will never let you withdraw it. They will just keep onpressuring you to give them more money!
    Stay away from them.

    • Neri Credo

      Tradorax and I have resolved our differences and come to an amicable agreement.

  • j g

    How did you get your money back? I can’t get mine back. What do I need to do?

  • Dennis

    I had with them 42K and did not work my trade for 2 weeks while I was on vacation. I came back to my account and found my password had been changed and my account had been traded down to $65. I have written them twice without any response from them. They had put in multiple 6K trade that I would have never done especially on the assets they had chosen. My account was a 42K account, no-one in their right mind would have ever put in 6K on a short trade. the maximum trade I would have ever done would have been $250 at a time. It is obvious Tradorax did the trade and they can easily find out by which broker it was, by looking at the IP address of the trades. They have a poor sign-in method. All sign-ins should have name, email, password and a verification code sent to a cell phone, like the banks do. This verification code should have a 30 second window and when you sign-out of the account a new code should be needed on re-entry. I thought that they were different than other firms, Cherrytrade (45K loss), Bloombex (30K loss), Goptions (25K loss) and others, I have dealt with and lost money by stealing brokers/brokerage firms that hang-up when I call. I was wrong to trust anyone overseas. Obviously I need to only use CFTC regulated brokers and not be swayed by matching bonuses, promises of return of money quickly and all the other lies they push out.

  • Mattie Mckelvie

    How did you get your money back

  • Peter Friggens

    Would greatly appreciate an update on whether you’ve been successful in recovering your investment using legal counsel

    • David Heb

      let me know

  • David Turner

    How did you manage to resolve your differences . i would like to Know?

  • Kok

    Adding another victim being scam with USD 5000, that is me.