Summary
TradeWealth claims to offer profitable trading opportunities, but research shows that it is not a regulated or licensed broker. Trusted authorities such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus) do not oversee the platform’s operations. Many users have reported issues with withdrawals, hidden fees, and misleading claims.
Exercise extreme caution if you are considering investing, and always verify a broker’s regulatory status before depositing any money.
Is TradeWealth Regulated or Legit?
No, TradeWealth is not a regulated broker. No significant financial authority has issued it a valid license. Your investment is very risky because unregulated brokers are not obligated to protect investors, separate client funds, or adhere to compliance regulations.
Recommendation: Invest only with brokers who have been approved by reputable authorities like the FCA, ASIC, or CySEC. Direct confirmation of registration information is available on the regulator’s website.
About TradeWealth
- Company Name: TradeWealth
- Official Website: https://trade-wealth.co/, https://webtrader.trade-wealth.co/
- Registered Address: NA
- Regulatory Warning: Ontario Securities Commission (Ontario) – OSC
- Domain Blacklist Status: It seems there is no direct mention of this domain being on a blacklist.
TradeWealth, operating through webtrader.trade-wealth.co and trade-wealth.co, presents itself as a fully regulated trading platform, claiming compliance in more than 15 global jurisdictions. However, these claims do not match publicly available regulatory records. According to the Ontario Securities Commission (OSC), this company is not registered to trade securities in Ontario, which is a major warning sign for investors.
Many users have reported serious issues that suggest TradeWealth may be operating as an online scam. One of the most common problems is the request for additional money after the initial deposit. Users report being asked to pay extra “taxes” or “commissions” before they can withdraw their own funds. These fees are not legitimate and are designed to take more money from unsuspecting investors.
Another major concern is the use of fake profit charts and manipulated numbers. The platform reportedly shows unrealistic gains to push users into investing more. But when withdrawal requests are made, the brokers often stop responding or disappear altogether.
Unsolicited messages sent through WhatsApp or similar apps are another tactic linked to this platform. Combined with the lack of clear company information and no verified regulatory oversight, these issues make TradeWealth highly risky.
Overall, TradeWealth shows multiple red flags, and users should avoid investing through this platform.
Common Online Scams Similar to TradeWealth
Scammers often use similar patterns across multiple industries. Here are the most frequent ones to watch for:
1. Forex and Trading Scams
Unregulated brokers promise high returns and later block withdrawals or manipulate trades.
2. Cryptocurrency Scams
Fake investment programs or phishing links steal funds and digital assets from investors.
3. Social Media Scams
Fraudulent ads on Facebook, Instagram, and Telegram promote quick profits or “guaranteed signals.”
4. Romance Scams
Scammers build emotional trust through dating apps and later request money for false emergencies.
5. Phishing and Identity Theft
Fake websites or login forms collect banking or personal information under the guise of verification.
How Scams Report Helps Victims Recover Lost Funds
If you’ve lost money to TradeWealth or a similar platform, Scams Report can guide you through potential recovery options.
Our Services Include:
- Free Case Evaluation: Review your situation and suggest a recovery path.
- Chargeback Assistance: Help initiate card disputes to reclaim funds.
- Crypto Recovery: Specialized support for victims of cryptocurrency fraud.
- Legal Guidance: Access to trusted partners for filing formal fraud complaints.
We provide personalized support and step-by-step help to increase your chances of recovering lost funds.
About Scams Report
Scams Report is an independent organization that exposes online investment frauds and helps victims recover lost money. Our experts have over a decade of experience tracking scam websites and maintaining a live database of fraudulent brokers.
We publish verified scam alerts, broker reviews, and recovery resources to protect traders worldwide and promote financial awareness.
FAQ
1. Is the TradeWealth a fraud?
Yes. trade-wealth.co operates without a verified license and shows multiple red flags, including withdrawal complaints and misleading claims.
2. Can I get my money back from TradeWealth?
Possibly. If you paid using a credit card or cryptocurrency, recovery options such as chargebacks or crypto tracing may be available. Contact Scams Report for a free review.
3. How do I confirm if a broker is regulated?
Check the regulator’s official website (e.g., FCA, ASIC, CySEC) using the broker’s license number. If no record exists, the broker is unregulated.
4. What are the dangers of unregulated brokers?
They can freeze your funds, alter trades, or disappear entirely with no legal accountability or protection for investors.
5. How can I protect myself against online fraud?
Only invest with licensed brokers, read independent reviews, and avoid platforms promising guaranteed profits or unrealistic returns.
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Disclaimer: Online reports, user reviews, and publicly accessible data served as the foundation for this analysis. It is meant to be educational. Before investing with any broker, always do extensive research.
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