✔️ Information reviewed and updated in December 2023 by Pedro Martínez González

In this section we will tell you why You should NOT invest in TRADE STATE FX. 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 STATE FX and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitetradestatefx.com
🏠 Company*does not mention it
RegulationNot regulated
📧 email[email protected]
📈 LeadingWeb trader
📌 Addressdoes not mention it

⚠️ TRADE STATE FX does not mention who owns it, the company does not mention where is located, potentially dangerous 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 will analyze the types of accounts offered by TRADE STATE FX, in this case, we observe that it offers 4 different types of accounts:

Account typeMinimum initial deposit
Standard$200
PRO$1000
Master$5000
Elite$10.000

Information on the web

TRADE STATE FX website

TRADE STATE FX provides a basic explanation about the financial products it offers, market news and analysis, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final valuation of TRADE STATE FX 🚫

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

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 STATE FX:

Date Update – news
September 2023We receive a large number of messages from TRADE STATE FX clients who claim that they cannot withdraw their capital.

User Reviews

What do you think of TRADE STATE FX? What has been your experience?

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

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


How to Claim Money scammed by TRADE STATE FX

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 STATE FX

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 STATE FX?

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 STATE FX a scam – is it a scam?

Yes. We believe TRADE STATE FX 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 STATE FX trustworthy?

No. TRADE STATE FX is not trustworthy, 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 STATE FX?

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 alternatives (recommended) to TRADE STATE FX?

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

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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.

20 comments on «Is TRADE STATE FX a scam? Opinions»

  1. Affected Reply

    Very bad, they stole all my money, they won't return it to me, they are a fraud, don't believe anything about these scammers!!!!!!!

    • Recommended-brokers.com Reply

      Hello Affected, thank you for writing about TRADE STATE FX. 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.

  2. Antonio Reply

    TRADE STATE FX scammed me, at first all nice words to gain my trust and ask me for more money, but when I asked for a withdrawal they became rude and didn't return anything to me, they are a scam!!

    • Recommended-brokers.com Reply

      Hello Antonio, thanks for writing about TRADE STATE FX. 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.

  3. Yeriksar Reply

    The same thing happened to me, I won and when I wanted to close the operations I couldn't and they moved the price of the positions to become super negative. It's a complete scam. The person I was in contact with calls himself Octavio with the email account. [email protected] and another person who is supposedly from finance who calls herself Sandra, well, it is a complete scam, do not invest, you are going to lose your money, they say they are at av.santa fe 495, lomas de santa fe, cantadeo, cuajimalpa de morelos, 01219 cdmx

    • Recommended-brokers.com Reply

      Hello Yeriksar, thank you for writing about TRADE STATE FX. 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.

      • Yeriksar

        The numbers of those who contacted me are

        +5281 8085 7916 octavio Orlando pina
        +5255 3133 8974 Sandra Garcia
        +5255 4493 0018 no name calls himself Raul

        I hope no one else loses money with these scourges

      • Recommended-brokers.com

        Hello Yeriksar, thank you for writing about TRADE STATE FX. 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.

  4. Adrian jimenez Reply

    They don't want to give me back my investment, I won and now they don't give me my money back, it's a scam!!!!!!!!

    • Recommended-brokers.com Reply

      Hi Adrian, thanks for writing about TRADE STATE FX. 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.

  5. alberto Reply

    tradestate took my money, rats!!!

    • Recommended-brokers.com Reply

      Hello Alberto, thank you for writing about TRADE STATE FX. 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.

  6. Andrew Reply

    Trade state is a big company?

    • Recommended-brokers.com Reply

      Hello Andres, thank you for writing about TRADE STATE FX. 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.

  7. Gabi Reply

    This company will rip you off. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Gabi, thanks for writing about TRADE STATE FX. 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.

  8. Paola Reply

    Hello, I would like you to help me review this Tradestatefx broker since they have contacted me and indicate that they work with mt4 and mt5. Thanks for your help

    • Recommended-brokers.com Reply

      Hello Paola, thank you for writing about TRADE STATE FX. 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.

    • Andrew Reply

      Trade state is a big company?

      • Recommended-brokers.com

        Hello Andres, thank you for writing about TRADE STATE FX. 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.

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