✔️ Information reviewed and updated in October 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company TradeState is a safe company or an untrustworthy 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 TradeState and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | trade-state.com |
| 🏠 Company | Unmentioned |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Platform | Own platform |
| 📌 Address | Richmond Hill Rd, Kingstown, Saint Vincent and the Grenadines |
| 🕑 Website age | Website registered on: October 20, 2023 |
| ❓ Company type | Forex Broker, Cryptocurrencies, Futures, Stocks, Metals, Commodities and Indices |
Company: TradeState does not mention which company it belongs to.
Location: TradeState mentions being located in Saint Vincent and the Grenadines.
We can already tell you that we are concerned about several characteristics of this company.
What is TradeState?
After having carried out an analysis of the company's website, we can say that TradeState is a Forex, Cryptocurrency, Futures, Stocks, Metals, Commodities and Indices broker.
Account types
The platform offers 4 different accounts to carry out operations:
| account type | minimum initial deposit |
|---|---|
| Standard | $200 |
| Pro | $1,000 |
| Master | $5,000 |
| Elite | $10,000 |
Information on the web
Here we show you a screenshot of the TradeState website, which is trade-state.com. The capture was made in MARCH 2024.
Contact: phone numbers and email
– We have found the following email: [email protected]
TradeState Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 TradeState Final Valuation 🚫
After a thorough evaluation of TradeState, a broker that offers trading services in forex, cryptocurrencies, commodities and indices, several key concerns have been identified that investors should take into account.
Firstly, it is alarming that TradeState presents false licenses to operate, which calls into question the integrity and legitimacy of the platform. This lack of transparency and the presence of false information raise serious doubts about the reliability of TradeState as a broker.
Despite claims on the website about offering a wide range of solutions and excellent customer service, it is important to note that TradeState is not regulated by any financial authority. The absence of regulation means that investors do not have the necessary protections or adequate supervision to safeguard their funds and interests.
Furthermore, the fact that TradeState is a relatively new entity, along with the lack of information on company registration and the absence of terms and conditions of use, are additional aspects of concern. The lack of transparency and lack of regulation suggest that TradeState may not be a safe investment option.
In summary, based on the information available and the analysis of the worrying aspects of TradeState, my recommendation is to avoid this platform completely. Lack of regulation, presence of fake licenses, and lack of transparency are red flags that TradeState might not be a safe option for investors. It is important to protect your financial security by avoiding platforms with such risks.
Updates
TradeState News:
| Date | Update – news |
|---|---|
| - | No news at the moment |
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 TradeState.
At the end of the review you will find customer comments.
How to Claim Money Scammed by TradeState
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 TradeState
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.
Frequently Asked Questions
Are there (recommended) alternatives to TradeState?
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 TradeState?
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 TradeState trustworthy?
No, TradeState is not trustworthy at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with fund withdrawals, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!
How to recover money from TradeState?
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.
This company will not let you withdraw. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hello Santos Zapatero, thank you for writing about TradeState. 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.