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

In this section we will tell you why You should NOT invest in Trader500. 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 Trader500 and tell you why we came to such a conclusion:

Basic Information

🌐 Websitetrader500.com
🏠 CompanyUnknown
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingMT4
📌 DirectionUnknown

⚠️ Trader500 it does not name the company that operates it and we did not find any information about it either. Customers should not provide you with any personal data. ⚠️

Account types

Now we move on to analyze the types of accounts that Trader500 offers, in this case, we observe that it offers 3 different types of accounts:

Account typeMinimum initial deposit
Bronze$500
Silver$10.000
Platinum$20.000

Information on the web

Trader500 Website

Trader500 provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Trader500 Final Rating 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Trader500.

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 Trader500:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”5616 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Trader500.

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


How to Claim Money Scammed by Trader500

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 Trader500

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 Trader500?

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 Trader500 a scam – is it a scam?

Yes. We believe that Trader500 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 Trader500 reliable?

No. Trader500 is not trustworthy, 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 Trader500?

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 Trader500?

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

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.

7 comments on «Is Trader500 a scam? REAL Opinions»

  1. gift Reply

    Angel Rivera Alias ​​Mario Olmos is a scammer from trader500 .com,

    His number is 5571649689

    • Recommended-brokers.com Reply

      Hi Danie, thanks for writing about Trader500. Currently this broker is considered a SCAM.

      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.

      • andres morgan

        It cannot be that they manipulate it manually because I verified the trends with investing and they are the same as in the mt4. No way that they also manipulate to investigate and that investigating is a fraud. What they are irresponsible is because they push you to do high-risk trades and they don't like you to close negative trades in order to increase your margin level.

      • Recommended-brokers.com

        Hello Andrés, in MT4 or MT5 you can create your own quotes if you think it is necessary, they do not always have to manipulate the operations, if they see that the market trend is clearly downward, they make a buy operation with high volume and short stop and so they make sure that you will probably lose everything, but equally they do not put the money in the real market and they keep it directly and that is why they take care of making you lose it, but what you really lose is in a demo.

        Greetings.

    • monserrat Reply

      HELLO DANIE, YOU WERE SCAMMED BY TRADER 500. WHERE ARE YOU FROM?? HOW CAN I CONTACT YOU PLEASE I NEED YOUR HELP

  2. Oliver Gonzalez Reply

    I would like to know how I can report this broker

    • Recommended-brokers.com Reply

      Hello Oliver González, thanks for commenting on Trade500. 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.

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