Trade Union Trust is a broker with a professional-looking website who is also trying to take advantage of consumers who have been worst hit by the financial crisis. Trade Union Trust claims to have a solution for those who are jobless. The solution is supposedly the financial markets that never sleeps. The broker requires a minimum deposit of $10,000 which is quite a lot considering that these scams target newbies with no experience in trading.

Even if Trade Union Trust was legitimate, a new trader would quickly wipe out his account due to lack of a strategy and experience. 10K is no small money, and keep in mind that these scammers are not into helping you learn how to trade. That is why they offer no practise account.

If tradeuniontrust.com has defrauded you, do not hesitate to schedule a free appointment as experts are on stand-by, waiting to guide you through the funds recovery process, and you should recoup all your lost funds.

5 reasons why Trade Union Trust is a scam

The broker exhibits signs of a fraudulent website that cannot be trusted. Keep in mind that the website tradeuniontrust.com was created in February 2023 and we consider this to be a very new website. Will you give them your $10,000? You shouldn’t and here’s why:

Tradeuniontrust.com is an unregulated financial service

They’re supposedly based in the UK. We have no truth about their address but still this is a jurisdiction of te FCA … the financial regulator that oversees the activities of all brokers who want to do business in the UK. This broker does not have an FCA license and you may soon see it in the FCA’s list of brokers to be cautious about. Trade Union Trust has already been blacklisted by the Dutch Authority of the Financial Markets. This warning suggests that the broker is a boiler room scam.

Fake numbers

Trade Union Trust lies a lot because they want to feign legitimacy. Do you believe that a new broker can achieve thousands of clients withing just a few months? This broker claims to have signed up some 38,000 active clients which looks like an obvious lie. The broker does not have a track record and this is how shady trading platforms lie to look as if they’re established.

Trade Union Trust’s fake deposit protection and insurance

The broker is using misleading statements to market the platform to new traders. They claim that your deposit would be protected as it’s covered by some sort of insurance. This is the biggest lie that these brokers have told. Money for trading goes straight into the market and no one can insure it. You trade it and either make a profit or a loss. Even regulated brokers don’t provide an insurance. This is the biggest scam ever. Do not trust Trade Union Trust.

Where are the reviews of Trade Union Trust broker?

A good and established broker has ratings and reviews to back their claims. This broker talks too much but when we begin doing our homework, we realize that it’s empty talk. The broker has never received any ratings from anyone. No customer ever left a review of this scam in the forums. This is definitely not worth an attempt as you risk losing big money.

An anonymous company

Who is Trade Union Trust? Are there any identities of people who run the website? Notice that this broker is too careful not to tackle these details. Instead, their about page only uses generic text to fill up the page. They’re avoiding details because probably this is a scam operated by a one-man army. The scammer is running it like his bedroom.

Conclusion of TradeUnionTrust.com broker review

This is a fake broker with no accreditations or licenses or reputation. We ask you to take our warnings seriously so as not to fall for the scammer’s tricks. If you would like to add to our points above, please make use of the comment section. This is the only way to make this review popular. If it reaches a lot of eyeballs, we can save many people from the scam.

Thanks for reading.