Tradon is a platform that claims to have the best open positions for trading. Don’t mistake sales tactics for reality, as a tradon.io review will straighten this platform. The truth is already out regarding what you should expect with the platform. Those who have engaged with the platform know too well the problems to expect. We are here to expose the red flags found on the Tradon.io platform. Learn more in our exclusive TRADON REVIEW.
According to the mission, it’s to give every trader a chance to enjoy trading. Tradon claims fast execution leads to the best results. Unfortunately, we don’t see this happening with the platform, as hundreds fail to secure withdrawals.
There’s a huge problem for newbies when it comes to withdrawing their earnings from Tradon.io. Hundreds fail to withdraw funds as the platform blocks it using unfair tactics. It would be best to read all about it in our comprehensive TRADON.IO REVIEW.
Investors need to find the right investment platform. And this means having to look for proven ways of investing. We recommend going for groundbreaking and innovative investment strategies. Try coin staking, DeFi, and Masternoding for a chance to make a realistic ROI.
What we have with Tradon is a platform trying to rip off anyone who deposits large amounts. Those who claim to withdraw funds only do so in small amounts. The platform ensures you leave an amount pending in your account balance.
That’s not the least of your worries; Tradon.io also lacks compliance. So again, we prove that the platform fails to get any legal framework in play. And this means the platform puts your funds in jeopardy.
Before you invest in such platforms, we recommend doing some due diligence. Try and find out what others are saying about the platform before signing up. It will help get an idea of what to expect with the platform.
Tradon offers three account tiers to anyone interested in opening an account with them. These three accounts include Cent, Pro Trader, and Prime. The account only accepts the Euro currency as the base of deposits.
Here’s a closer look at the three accounts
Cent
For the cent account, you have to deposit €250, which is an acceptable minimum deposit. In addition, you get a welcome bonus of 20 percent. Other features to find with the basic account include leverage of 1:100 and spreads of 0.0 pips.
Pro Trader
You have to deposit ten times more than the cent account. Members have to deposit €2,500 and get a welcome bonus of 25 percent. The leverage for this account is higher, 1:200 with spreads set at 1.0 pips.
Prime
For the prime account, members get a welcome bonus of 30 percent. There’s a minimum acceptable deposit of €25,000. The leverage set for this account is 1:300 and spreads of 1.3 pips. There are no commissions on any of the three accounts.
We have to raise our concerns about bonuses and high leverage. Despite having an appealing welcome bonus, it’s a trap. We will explain this under the bonus section. Leverage is another huge issue that puts your trading at risk.
There’s a reason regulators put a cap on maximum leverage. Regulators in Europe insist on a maximum leverage of 1:100. Any platform putting leverage much higher than that is putting you at risk.
The platform fails to offer an affiliate account which is a plus. However, joining affiliate accounts for platforms against trading rules won’t work in your favor. Instead, you will be directing users to a platform that blocks withdrawals.
At the end of the day, these victims will lay the blame on you. If a lawsuit is underway, the law will view you as an accessory to online fraud. You end up losing your credibility and reputation over this platform.
There are four trading instruments available on tradon.io. These include commodities, forex, indices, and stocks. It’s unclear why the platform doesn’t offer crypto trading, a lucrative market.
Commodities found include daily household goods such as coffee, sugar, and wheat. Forex trading happens to be at the core of trading. As a result, the platform avails major and minor pairs, with investors failing to get exotic pairs.
Indices allow you to trade in the international markets. You can trade with international markets such as DAX, Dow Jones, FTSE, Nikkei, and more. Share trading happens to be at the core of all trading.
There's a huge problem for those who jump into platforms depending on bonuses. Regulators are against platforms that offer bonuses. Instead, these platforms will use the bonus appeal to block your withdrawal attempts.
Unless you pay back in full the bonus amount, the platform won’t bother releasing funds. Imagine the user who deposits 25,000 Euros and gets a 30 percent bonus. That means they have to deposit €7,500 to withdraw funds.
Even if your account has funds to cover the amount, the platform insists on a new deposit. And this is their way of determining whether you want out or have funds. Those that do send the amount end up losing more.
There’s a custom-made web trading platform which means users can trade on the go. Unfortunately, you don’t get to download the platform as you can use it on any browser. The problem with this platform is security.
Members have been complaining of slow executions and unstable platforms. And this puts you off the mark when you place a trade. Hundreds have lost funds, all thanks to the slow platform. There are no advanced trading tools to give members an advantage when trading.
Don’t expect any support from the platform. Hundreds have lost funds with the platform, with support failing to help anyone. There’s no live chat with members limited to sending emails. The support team rarely responds to these emails.
We believe the platform wants to control all communication between members and the platform. It makes it easier for them to reach out than members to get support. And this means you are left on your own when trading.
There are several depository options for funding accounts. These include bank and wire transfers. Once you deposit funds, the balance will reflect in your trading account within 24 hours.
We don’t recommend funding these accounts as withdrawal is next to impossible. Stay away from the platform or else risk losing everything. Members have failed to withdraw funds for weeks.
Your funds are far from safe with a platform that fails to segregate accounts. We also believe the platform fails to offer insurance cover for deposits made by clients. No one should expect any compensation if and when the platform goes under.
Tradon is far from a legit platform as it doesn’t possess any trading documents. Your funds are at risk with such a platform. There’s no regulatory framework, meaning the platform is free to do as they wish.
And this is seen with the high leverage and insane welcome bonus percentages. Such platforms will only take your funds, allow you to trade, and finally block your withdrawal. Please stay away from such platforms.
Tradon.io is a scam, and you should avoid it as much as possible.
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Nos estafaron primero con 250€. Nos pidieron muchos papeles muchos datos. Después pidieron compartir pantalla con nosotros para explicarnos cómo funcionaba su plataforma ellos sabían en todo momento las contraseñas. Nos abrieron una cuenta en coinbase la cual tamb sabían la contraseña y aprovechándose de la apertura de coinbase nos hicieron un préstamo de 30.000€ qe se pasó a coinbase y de ahí a sus cuentas en menos de 2min. Sin nosotros podemos hacer nada. Hemos estado reclamando nuestro dinero y no nos lo devuelves es más nos han bloqueado los números de teléfono y la entrada a la plataforma. No se como vamos a vivir
Lamentamos escuchar acerca de su experiencia con Tradon. Lo mejor que puede hacer es registrarse en una plataforma de inversión genuina. Intente encontrar algunas formas legales de recuperar su dinero, preferiblemente una demanda contra la plataforma. Ninguna plataforma debe someter a los usuarios a tomar préstamos en su nombre. Es totalmente inaceptable.
anche io sono stato truffato per un totale di 12500 euro circa. Se qualcuno sa come recuperare qualcosa lo pubblichi qui. Grazie
Big SCAM company – BEWARE !!!