✔️ 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 Union. 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 Union and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | tradeunion.com |
| 🏠 Company | Incendiary Group LTD |
| ️ Regulatory | FSA (Seychelles) |
| Support@TradeUnion.com | |
| 📈 Leading | Web trader |
| 📌 Direction | Dominican Republic |
⚠️ Trade Union is owned by Incendiary Group LTD, the company is located in the Dominican Republic, 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 offered by Trade Union, in this case, we observe that it offers 5 different types of account:
| Account type | Minimum initial deposit |
| Newbie | $250 |
| Standard | $2.500 |
| Golden | $7.000 |
| VIP | $15.000 |
Information on the web
Trade Union provides a basic explanation about the financial products it offers, an educational section, glossary, asset index, market news, market news and analysis, live charts, FAQ section, not much else.
List of phone numbers
- So far the company does not have phone numbers.
🚫 Trade Union Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Trade Union.
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 Union:
| Date | Update – news |
|---|---|
| August 2022 | Trade Union is linked with MeteorTrade e InFluxFinance, brokers with a bad reputation. |
| November 2022 | Trade Union 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 Union.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Trade Union
How to Report Trade Union
FAQs
How can I report Trade Union?
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 Union a scam – is it scam?
Yes. We believe that Trade Union 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 Union trustworthy?
No. Trade Union 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 recover money from Trade Union?
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 Union?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
HELLO EVERYONE WE HAVE INVESTED MONEY WITH THE TRADE UNION AND I THINK IT IS A SCAM, I SEE THAT THEY ARE SCAMMING PEOPLE AND THEY CONTINUE SCAMMING TODAY WITH NOBODY STOPPING THEM……..
Hi MARIA, thank you for commenting on Trade Union. 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.
Hello good, I have invested the minimum now it turns out that I have to pay tax on the amount earned.
Hi Carlos, thanks for commenting on Trade Union. 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.
They are scammers. First, a certain Nicole spoke to me, then Manuel Zalasar and yesterday he contacted me. Lucuan wanted me to look for a loan of 250000 thousand eu so that he could continue investing when I told him that I was not blocked and they have 1197 eu of mine, do not fall for the trade union scam
Hi Kenya, thank you for commenting on Trade Union. 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.
They are totally frauds to withdraw they say that I have to have 1000 euros in my wallet, there are many criminals working as a team, when they call you they say that the first was a fraud it has to be like this, then the third says the second fraud is like this, everyone continues.
Hello sohail, thank you for commenting on Trade Union. 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 Union is a scam they ask you for money they send you contracts to sign and invest money and in the end they leave you and block you then they call you again with different workers with the excuse that the other person got sick and they go with the story that
I invested money and then they left me like this without Answers I lost the money invested
Hello Pianyela, that money is not lost, you can get it back, thanks for commenting on Trade Union. 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 get your money back, try our chat or this link: CLAIM YOUR MONEY
Greetings.
Hello, trade union are cheating scammers, what they do is ask you for money, they even handle everything with you to ask you for more, they make you accept everything and then they send you to pay taxes, it's too many, don't trust them.
Hello Indira, thank you for commenting on Trade Union. 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.