✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the Trade211 company is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and 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...

Below we will show you essential information about Trade211 and we will tell you why we came to such a conclusion:

Basic Information

Company typeCFD broker on stocks, commodities, indices and forex
🏠Company *​HOYA PLUS CAPITAL INC.
🕑 Website ageWebsite registered at: November 7, 2023 (very recent)
RegulatoryNot mentioned
📌Address​Labuan, Malaysia
📈PlatformOwn platform
🌐 Websitetrade211.com
PhoneDoes not have

Company:
🚨 Trade211 is owned by HOYA PLUS CAPITAL INC.

Location:
🚨 The location declared by Trade211 is Labuan, Malaysia, a very risky location choice. Placing your trust in a company based here means putting your money in an unprotected situation. Consider carefully before making a decision.

We can already tell you that we are concerned about several characteristics of this company.

What is Trade211?

After a thorough review of the company's website, we concluded that Trade211 operates as a CFD broker on stocks, commodities, indices and forex.

Account types

Here are the different types of Trade211 accounts/plans:

types of accountsMINIMUM INITIAL DEPOSIT
real account-
Credit account-
Hear demo-

Information on the web

trade211 website

Here we show you a screenshot of the Trade211 website, which is trade211.com. The capture was made in May '2024.

Contact: phone numbers and email

After having thoroughly examined the website:

📞 We have found the following phone number: It does not have one.

📧 We have found the following email: [email protected]

Trade211 Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La lack of information on regulation of this broker raises concern. What does this imply? That it is an unregulated broker, which puts client funds at risk. If the broker acts fraudulently, investors may not be able to get their money back. Be careful when trusting unregulated companies!

🚫 Trade211 Final Valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Trade211 and we have reached the following conclusions about this company:

Location: The company claims to be located in Labuan, Malaysia, an unsafe location in terms of regulations and business transparency.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

Please remember that the company has been denounced by different financial regulators (in this case the BaFin, Federal Superintendency of Financial Supervision). Use EXTREME CAUTION.

trade211, a CFD broker with operations in a variety of financial markets, presents important challenges and warnings for investors. Its location in Labuan, Malaysia, poses concerns due to the region's reputation in terms of business regulation and transparency. This unsafe location can increase risks for investors, as it could involve a lack of adequate regulatory oversight. ⚠️

La lack of information on regulation de trade211 is another reason for concern. The company does not provide details about its regulatory status, which suggests that operates without being subject to any legal framework. This lack of transparency and adequate regulation can leave investors in a vulnerable position, since there could be little or no protection in case of disputes or financial problems. 🚩

Furthermore, the complaints filed against trade211 by financial regulators such as the BaFin and Federal Superintendency of Financial Supervision emphasize the need for caution when considering any association with this company. These complaints suggest possible regulatory violations or irregularities in its operations, which could put investors' funds at risk.

🚨🚨 In summary, our conclusion is that due to the reasons stated, this company does not offer seriousness or security. We recommend that you think carefully before sending funds to an entity with such characteristics. 🚨🚨

Updates

➡️ News about Trade211:

Date Update – news
May 2024Complaint against Trade211 from financial regulator BaFin, Federal Superintendency of Financial Supervision

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Trade211.

At the end of the review you will find customer comments.


How to Report Trade211

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.

How to Claim Money Scammed by Trade211

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.

FAQs

Are there (recommended) alternatives to Trade211?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Trade211?

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 Trade211 trustworthy?

No. Trade211 is not trustworthy, it is a very unsafe company: his location is DANGEROUS! An unregulated broker, its age is very short since the November 7th 2023, lies about the company it belongs to or appears to be fake.

How to recover money from Trade211?

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.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Trade211: opinion and comments – Is it a scam?»

  1. Maykel Villa Reply

    They are pressuring me to invest here, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello Maykel Villa, thank you for writing about Trade211. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      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 fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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