✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Trade Genics. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Trade Genics and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | tradegenics.com |
| 🏠 Company* | Shlack Consulting LLC |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | Web trader |
| 📌 Direction | St. Vincent and the Grenadines |
⚠️ Trade Genics is owned by Shlack Consulting LLC, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we move on to analyze the types of account that Trade Genics offers, in this case, we observe that it offers 3 different types of account:
| Account type | Minimum initial deposit |
| Beginner | €250 |
| Premium | €2.500 |
| Business | €25.000 |
Information on the web
Trade Genics provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Trade Genics Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Trade Genics.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Trade Genics:
| Date | Update – news |
|---|---|
| October 2022 | We receive a lot of messages from Trade Genics clients claiming that they are unable to withdraw their capital. |
| March 2023 | Trade Genics is denounced by the regulatory body CONSOB. |
| March 2023 | Trade Genics is denounced by the regulatory body CNMV. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Trade Genics.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Trade Genics
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Trade Genics
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Trade Genics?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Trade Genics a scam – is it scam?
Yes. We believe that Trade Genics is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Trade Genics reliable?
No. Trade Genics is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to get money back from Trade Genics?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Trade Genics?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
They are denounced by the CNMV
Hi Lola, thanks for commenting on Trade Genics. At present it is considered a SCAM. The CNMV (The Financial Regulator of SPAIN) has put an alert on them, for not having the regulation to carry out their activity (See CNMV link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
TRADE GENICS is denounced…. What do I do to get my money back?
Hi Vilma, thanks for commenting on Trade Genics. Currently she is considered a SCAM. The CONSOB (The Italian Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See CONSOB link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
HELLO,
EVERYTHING started with an Instagram notice where they invited you to make small investments in a broker that would teach you how to operate, later an advisor contacted me indicating that the minimum plan was US 250, which I deposited through the tradegenics.co platform.
At first everything was going well, they showed me results of 2 or 3 dollars a day, however the adviser (with a strange accent) began to pressure that more capital should be had, to which I announced that I was going to make another payment of $200, which I did a few days later...
Subsequently, the advisor asked me again to increase the account, to which I indicated that I would not do it since I was not willing to risk more capital. The account apparently continued to operate with small but constant profits, however one day the adviser told me that if I had a friend who could invest and told him that it was probable, at that moment the (supposed) profits began to increase, generating between $50 a day and $100, but as the days passed and seeing that the capital was not increased, the advisor stopped operating the account and did not respond to my messages again….
As for withdrawals, I was able to make one of approximately $60 before they did not respond to me again...
On January 12, 2023, I sent a message indicating that I wanted to withdraw my capital since I did not want to continue with the account, that was when the telegram chats were deleted and the account did not allow me to enter again, the support email [email protected] that appears on the page is not valid and the recover option does not work…. At the end of this comment, nothing has happened and it is very likely that the money is lost, .... I DO NOT RECOMMEND this platform
Hi ANGEL, thanks for commenting on Trade Genics. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.
Hello, my name is Martin, I want to inform you of what happened to me 15 days ago. I have seen advertising for the Trade Genics Company, which has interested me a lot, and it has gotten into my head that I wanted to try making an investment with them, so I looked for the their page and I sent them a message, to which they replied that an advisor would contact me and at the end of the day a girl called a white Heidi came up and then she happened to me with another named Andrea Alma Fernandez and they both met me. They were attending those days, explaining to me how the investment was made, the profits that I would obtain, then I asked them to let me think about it after three days, I called her and asked if I could have an illusion, they accepted me immediately, they told me how I should do it and how much it would be luckily it wasn't that much but it's still my money and I want it the amount is 250 euros-well luckily it hasn't been much-well we'll continue on another day greetings
Hello MODESTO, thank you for commenting on Trade Genics. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.
Hello, my name is MM, I want to inform you of what happened to me about two weeks ago. I have seen advertising for the Trade Genics Company, which has interested me a lot, and it has gotten into my head that I wanted to try making an investment with them. So I looked for their page and I sent them a message, to which they replied that an advisor would contact me and at the end of the day a girl, a white Heidi, appeared and then she happened to me with another named Andrea Alma Fernandez and They were both attending me those days, explaining to me how the investment was made, the profits I would obtain, then I asked them to let me think about it. After three days I called her and asked them if I could have an illusion, they accepted me immediately, they told me how I should do it and how much it would be, luckily it wasn't that much but it's still my money and I want it. The amount is 250 euros
-well, luckily it hasn't been much-well, we'll continue on another day.
all the best
Hi MM, thanks for commenting on Trade Genics. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.
Be very careful, these types of companies are the first to scam.
Hi Lisa, thanks for your feedback on Trade Genics. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.
If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
The platform stole my money. what I do?
Hi Vale-98, thanks for commenting on Trade Genics. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.