✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker called Tradextra, a Forex and binary options broker. The broker is based in Sofia, Bulgaria. The broker, at least apparently, is not regulated, it does not mention it on its website, as is usual for regulated brokers.
The broker is part of Pacifix Ltd. and was founded in 2014.
Now, we will go on to analyze the different types of account of the broker, in this case, the broker has 2 different types of account, the Mini Account and the Gold Account.
We will start then, with the Mini Account, some of its characteristics are: the minimum initial deposit is $ 250, without commissions, the possibility of operating 24 hours a day, educational resources available. We will continue with the Gold Account: minimum initial deposit of $ 5.000, possibility of operating 24 hours a day, without any commission, portfolio manager and advisor, high quality educational resources, special VIP service.
It is possible to see more specifications about the different types of account in the following image (click here to see it in full size):
Tradextra account types
The platforms to operate that the broker offers are: it does not specify it, it is impossible to find it on its website.
Now then, we will go on to analyze the different resources and help that the broker offers to its clients and traders.
Tradextra website
Now we will go on to analyze the broker's website in search of resources and help for the trader: they explain different concepts on how to operate and how to use the platform, explanation of how investments with currencies work, how investments with shares, with raw materials work , with indexes. They also explain how to make a deposit, they have an economic calendar but it does not work, at least not at the time of making the review on Tradextra, the same with the Fibonacci calculator. Also an explanation of different indices.
Other information about Tradextra
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Website: www.tradextra.com
Telephone: Not provided, although they have chat and contact form on their website
Email: Not provided, although they have chat and contact form on their website
Ending with this section, in our opinion the Tradextra broker is not trustworthy. Why? Not only is it not regulated, but we have also found many comments from customers with problems withdrawing money.
What is your opinion? Have you traded with this broker? Are you a customer? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience.
Attention: different Tradextra clients have sent us emails mentioning that they came to Tradextra through the web dubailifestyleapp.com
We leave a vote open so that traders and users can vote for the broker.
[democracy id = ”27 ″]
Good morning, I would like to share the experience I had with this broker, like everyone I also lost some $ 5800 dollars.
In the first days it was great we generated something of 26500 dollars with the operations that made me open with calls, and from there they mentioned that we had to generate more than 50000 dollars to make the withdrawal, in that period of opening operations I do not know what happened! According to them they informed me that the operations had losses, I was left without understanding anything but at first it was tempting.
I insisted on recovering funds but unfortunately nothing was generated in the first place, since they insisted on depositing more funds and thus recovering what was lost but not making more deposits.
I was in debt to banks as I had access to credit cards, I used them and in the end I did not know how to pay them.
now my account is only with 280 dollars, so as not to go into depression nor do I enter my account dedicated to paying the bills.
Some suggestion, maybe they got some money back, it would be very helpful.
regards
Hi Luis, thank you very much for sharing your experience with Tradextra with us.
A greeting.
They took the money from my card with previous insistent calls and with a copy of the documentation sent, they used it to get more money than I had authorized. I had to close the account because they had my database. I followed the flow and was contacted by an agent of the Tradextra.com company named Terry Seed with calls, supposedly from London and his phone: 4001 9676. They made entries to different pairs and finally a balance of $ 625.00 was left, which I have not been able to recover by closing the page. This balance was left because I blocked my card and had to change it. I have no one to turn to to get my money back. Now I have no records of the total stolen, I think it was roughly $ 1000. He would have to search digital files.
A greeting.
Hi Lubin, thank you very much for sharing your Tradextra experience with us, it really is a shame what you mention about this broker.
A greeting.
Hello friends, I have wanted to enter the Tradextra page for more than 3 months but I can't because I think they closed it, I was also deceived by these scammers that if they know where their offices are, they should lock them up because they make the authorized brokers look bad. He had an advisor named Larry Miller, surely a great actor to make this man fall into the trap, they should also investigate him, and if there is any possibility of recovering our money I think that all those involved should pay a commission.
Hello Waldo, thank you very much for sharing this information about Tradextra with us, as you mentioned, it seems that the Tradextra website is no longer available… Unfortunately this is normal in this type of fraudulent companies. Do you remember how you came to find this company?
A greeting.
Good morning, how can you get the money with them, they don't let you take out what you have in balance, what is their page, I don't see it, to see if there is still a balance
Hello Sandra, is that saying that by logging into your Tradextra account and requesting the withdrawal, it is not possible for you to withdraw the capital?
All the best
Some days ago it did not allow to enter, the problem is that there is no person responsible for this scam.
Hello Felix, exactly, when it is an unregulated broker like Tradextra, they can use false names, addresses, that is why we always recommend regulated brokers, where one can file a complaint with the regulatory body in case it is necessary.
A year and a half ago I have claimed money that I invested is little ... but it is my money and they will not let me withdraw it, they are scammers I need that money ... and they call you and when you complain they cut your phone ... I thought about filing a complaint
Hello Maritza, thank you very much for sharing your experience with Tradextra with us, it is really a shame what you say… Do you remember how you came to find them? If you are from Spain, you should contact the CNMV.
A greeting.
TRADEXTRA THIEVES !!!! ……… ..I have been waiting for my money back from October 25, 2017, it is not much but it is my money and they are not able to give an answer because of the delay.
Please people do not fall for this Deception, fortunes are made at our expense.
Regards,
Bruno
Hi Bruno, thank you very much for sharing your experience with Tradextra with us, do you remember how you came to find them?
A greeting…
It is a SCAM. They are thiefs.
They use deceptive advertising to earn $ 30.000 in 1 month.
I believed them and they stole $ 5.000 from me.
CAUTION: because they also use our data to present themselves under other Broker names such as 53CAPITALTRADE.
Hello Pedro, well, we have rated both Tradextra and 53CapitalTRade negatively, but why do you say it is the same company?
A greeting…
About six months ago I invested without looking for information first. It turned out to be a scam, they didn't let me withdraw my money, they made excuses, they said I had to invest more, etc.
One calls you, then another, they tell you that a consultant in charge calls you, they treat you with excess confidence. That is the ugliest, once you put in the money it is lost. Don't fall for it. How do you see that I do not want to put more money, they do not call me anymore. And there is my supposed account with my supposed money and they don't want to give it to me. It's all a scam and a lie.
Hello Paty, thank you very much for sharing your experience with us, do you remember how you came to find Tradextra? All the best.
Unfortunately I also fell into the trap of these unscrupulous people, first with 250 dlls. And then they called me to expand it to 1000 dlls, the first days of the newspaper a certain ana called me since she would be my financial advisor, after a month a certain demetrio already spoke to me that he would be my advisor, since that ana first that I was out doing something bigger, a few days later I asked this Demetrius again for Ana telling me that he was on vacation, but that she would no longer be my advisor that it would already be him, but here comes the good demetrio It came out that I had to deposit 750 dlls, more because according to him so that I belonged to the group of large investors and be able to generate more profits, even that I was going to put the other part so that the profits were greater and so we both were going to earn very well, I told you that I could not make any more deposit since I had been with the same year that with the 1000 dlls that I had already deposited it would be enough so that per month I would generate a profit of 3000 dlls, this subject answered me I understood that things were different with him, so we would have to work in another way that I had to deposit the 750 dlls to start working large, I asked him what would happen if he did not make the deposit, why did we work with what already He had deposited, he replied that if I did not deposit what he asked me, I was not going to be able to do in a few words, what was previously deposited was lost, because that way he could not work, I had to follow the current to be able to finish the call since he easily had me About an hour without being able to do anything, he sent me a bauchet via mail to deposit the 750 dlls in an oxxo, staying later to call me to confirm the deposit.
Well, he was waiting because I did not make any more deposit, unfortunately very late I looked on the internet how serious this company was, finding me with a series of very unfortunate responses, I know that I already lost the 1000 dlls that I deposited, and from the comments that I have After reading, I realize that they will no longer give me anything back, because for a month that I have spoken with this demetrius subject, I have no longer responded to any call from them, who by the way calls almost all day and every day. The only good thing about all this is that thank God I realized in time because I could have lost more of all this I am talking about just in the month of October 2017.
These cursed people are not afraid that at some point they will pay for everything they are doing, that by the way they do not have much time left of our Creator, no one mocks.
Hello Carmen, it is a shame to see that there are still more affected by Tradextra, you have done well to investigate, although you should have done it before investing a penny, we appreciate you sharing your experience with us. Also try to make the withdrawal and tell us what happens.
Do you remember how you came to Tradextra?
A greeting.
Hello, I had a very bad experience with TradeXtra, all for not thoroughly investigating the Company 3000 dollars that I got into debt with my credit card to see if I made it work and I got a little out of my financial problems, but it was worse, when I investigated the company and the hundreds of negative comments and that it is not a regulated company I asked my bank for help if they could cancel the purchase, because it appears as a purchase not as an investment, the money was there I could see it, that is why I requested to make the withdrawal better on the platform as they indicated, it took a week to respond to me, and as expected in that week the money was fading, and when they answered me it is to say that I no longer have money there were only 317 dollars left and I asked them to withdraw them but I have not had an answer I think they expect me to be at 0 to tell me that I no longer have anything, and they still call you asking for more, it is a shame with some scammers of the worst, I hope I do not have pr problems I told them that their names were on the lists of scam brokers and it is true there I saw the name of Mark Rodríguez who without asking me because he did not have more credit cards because he wanted me to deposit more, that little, I was left with nothing only the debt of 3000 dollars that I don't know how I'm going to pay my bank….
Hello Pedro, it is a shame to read about your situation with Tradextra, we thank you for sharing your experience with us, greetings.