TradeSafer is supposed to be a Forex broker but their website has no track record just yet.

Tradesafer.com is allegedly operated out of the United Kingdom.

The website appears to have been registered just recently. To be precise, this is as recent as in the year 2023.

Yet they claim that tradesafer.com has registered 5000 satisfied clients who have earned over 10 million USD on the platform.

We should definitely ask questions because a new website like Tradesafer.com cannot possibly gain popularity and success overnight.

Is this broker trustworthy or just another Forex trading fraud using a brokerage platform to deceive traders?

TradeSafer Review

They say that the company is registered as TradeSafer LTD. However, our investigations found that such a company does not exist in the UK.

You can confirm this in the Companies House records here.

This is therefore not an incorporated company but just a website offering a trading platform.

And one thing we know is that these guys are unwilling to disclose their identities. The owner will never disclose who they are or even their real physical address.

In fact, as we wrote this review, we realized that TradeSafer’s website was going offline all the time.

This is certainly not a broker that you can describe as “reliable”. If this broker can’t invest in a proper server or hosting, do you think your funds will be safe in their hands?

Reasons why TradeSafer is just another scam operation

The website is not devoid of red flags. And these red flags are similar to what we found on External Coins and General Trust Group websites.

Here is a list of things you should be aware of when this broker is being discussed:

1)TradeSafer does not hold any valid broker’s license

2)TradeSafer is operated anonymously and has no track record

3)They use paid but misleading marketing to promote the scam.

4)No verifiable evidence that this broker has clients who are happy with their services.

5)Lastly, this is a bucket shop that trades against its clients.

One thing you should know is that if this broker failed to get the authorization of the FCA, they won’t guarantee the safety of your funds no matter what.

The broker is not following industry standards. In fact, now that their website keeps coming online and disappearing, one day it just go down for good with people’s funds.

Here’s the evidence that TradeSafer is not a regulated broker.

Besides that, we’ve also found a number of fake online reviews promoting this scam. These reviews imply that Trade Safer is a legitimate broker that people should trade with.

The websites that post such misleading reviews are obviously relying on some incentives or kickback from the scammers who operate the enterprise.

Final thought on Trade Safer broker

All the promises that you find on this website are hot air.

Their website screams the word “scam” on our faces. You can be sure that when you make any payment on their platform, it goes straight to a personal account instead of a segregated account (as required by financial regulators).

And with no client feedback or track record, you can be sure that the broker is not popular at all.

It’s a scam that only the unlucky ones may fall for. But now that you know, refrain from signing up or transferring funds to TradeSafer.

Thank you for reading. We ask you to leave your comments down below to help other traders avoid this pitfall.