Tradingclubs.com Review: Trading Clubs is a Scam

 
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In our Tradingclubs.com review, we demonstrate how Trading Club(s) website is a clever scam that is after your money.

What exactly does Trading Clubs sell?

They sell “profitable trading and favorable investing”. The company’s website claims in its marketing literature that they offer smart trading and investing.

Tradingclubs.com also claims that the average monthly ROI is 10.67%. They are allegedly trading Forex, Crypto, Stock and Commodities.

Other trading products that they sell include Telegram signals, trading robots, indicators, robot creation, day trading ideas and money management.

The company has a free gmail address (tradingclubs@gmail.com) which is far from being professional.

This vendor is dishonest as we don’t know who is behind the company or which part of the world they’re offering this service from.

If this kind of investing is appealing to you, then you can find better services elsewhere (properly regulated investment brokers).

Tradingclubs.com review: Not legit but a scam

On the outward, Trading Club is selling products and services related to trading but on the inside, you will find a platform that resembles a ponzi scheme.

The way they operate is that an investor has to choose an account type, fund that account and let the Trading Clubs operators manage the fund.

This option appears to be much more appealing to newbies and this is where the scamming begins.

They sell you ‘smart investing’ (minimum investment is $2000) at the expense of your bank account.

The company claims that they have discovered ‘several avenues” for generating profits. However, what we see is that they are a jack of all trades, selling everything related to trading because they are poor traders. They can’t turn a profit. And this is why there is no verifiable trading performance on their website.

We’re looking for assurance and consistency but unfortunately Tradingclubs.com does not offer any of these.

Instead they’re busy selling ‘subscriptions’ and managed trading accounts which end up being a scam.

Trading Clubs Review: Not a licensed investment platform

Selling trading signals or software is something that skilled traders and developers can do without harming their reputation or getting into lodgerheads with financial regulators.

However, managed trading accounts require special license. The industry is regulated because there are so many scams that solicit funds from the public with the intention of stealing.

A good example is GFE Market …. a very dangerous investment scam that has also incorporated a brokerage service on the platform.

Trading Clubs needs a license since they’re offering securities and that is why they promise monthly ROI.

Without the license, Trading Clubs becomes an illegal entity. We can’t trust anything they tell us on their website if they can’t get their paperwork right.

It is also advised not to invest with a platform like Tradingclubs.com due to the risks involved.

Tradingclubs.com reviews not available

All the boasting on the company’s website does not yield any fruit nonetheless. This is why we don’t have any reviews (whether positive or negative) out there.

This is the first review where past clients/victims of this fake trading platform would get an opportunity to air their opinion.

We generally don’t encourage signing up on these shady investment websites if we have not gathered enough reviews and feedback from real clients and victims.

The Conclusion of this Trading Clubs Review

You should not be fooled by the colorful marketing language.

A trading vendor promising financial freedom withoit proof of their trading prowess is definitely a scam.

Tradingclubs is also a scam because even the owners are faceless. You don’t want to transfer a whooping $2000 to a scammer.

Thanks for reading this review.

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