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Is Trade Current Pro compliant? Is it a scam?

TraderKnows
TraderKnows
11-08

Trade Current Pro, founded in 2024, lacks company background, real regulatory oversight, and transparency. This article explores its suspicious claims, questionable account types, and potential scam risks for investors.

Trade Current Pro is a financial broker founded in 2024. Its headquarters are not available. It offers trading instruments including forex, cryptocurrencies, stocks, indices and energy. Educational resources and language support are not available. The trading platform is not public. The minimum deposit is $500 and the leverage is up to 1:500. Trade Current Pro does not currently operate any social media platforms.

The Company Background and Regulatory Information of Trade Current Pro | Is It Reliable?

Website Registration Date

According to the whois information, Trade Current Pro's website was registered on September 20, 2024, which is only two months away from now. Such a new registration time is not a good sign. It means that their team may still be in the exploratory stage and the management experience is not mature enough. And to be honest, it is impossible to establish a reliable reputation in such a short time. For a financial platform, stability and credibility are the first priority, but Trade Current Pro has obviously not proven that it has these qualities.

Trade Current Pro Website Registration Date

Company Background

Trade Current Pro’s website does not provide any information about the company or the company’s operating address. This is not a small problem! The lack of information about the company’s background and office address directly makes people confused. Who knows where this company is and who is operating it? Without a clear company address and operating information, it is like saying "you will never find me", which is too suspicious for a platform that wants you to invest money. Transparency is the foundation of the financial industry. If even the most basic company information is not willing to be disclosed, it is really difficult for people to trust them.

Regulatory Information

Trade Current Pro claims to be accredited by the Australian Securities and Investments Commission (ASIC), but we carefully checked the ASIC website and could not find any information about a company called Trade Current Pro. In other words, this platform is not actually regulated at all! This is a big problem, especially for a financial platform. If they were really regulated, they would be eager to show it because it would increase investors' trust. As a result, they claim to be regulated, but there is no such thing. This is a naked scam.

Trade Current Pro Claims to be Regulated by ASIC

Query on ASIC's Website: No Information on Trade Current Pro

Website Traffic of Trade Current Pro

According to Ahrefs, Trade Current Pro has 0 website traffic. For a newly registered website, 0 traffic is not too unusual, but it always feels a bit abnormal. After all, if they really want to attract investors, there must be some traffic, right? The website has no traffic, which means that almost no one trusts this platform, or they have not even done the most basic promotion.

Confusing Account Types

Trade Current Pro offers four account types: Basic, Premium, Silver, and Gold. What is confusing is that the minimum deposit amount for each account is different, but the minimum expected return is the same: $1,300. Imagine that investors deposit different amounts of money, but the returns they get are exactly the same. Is this tempting everyone to choose the Basic account with the minimum deposit requirement? After all, the Basic account only requires a minimum deposit of $500, but can get a return of $1,300, which is more than double the return! Such returns sound too good to be true, but it is precisely this exaggerated promise that makes people wonder how credible such a platform is? Faced with such a return, which rational investor would dare to invest money in it?

Confusing Account Types

Website Design | Template Website?

The Trade Current Pro website gives the impression of having seen it somewhere before. Upon further investigation, it turns out that many other brokers use the same template to design their websites, such as Next Level Pro Traders, Elixo Trade, and Axmarketsignal. Using such a template website reflects some issues, such as a potential lack of funding for the platform, or an unwillingness to hire a professional web development and operation team. These identical templates, besides lacking creativity, cast doubt on the seriousness of the platform. A website that lacks personalized design might not even guarantee basic security and user experience, prompting concerns about the thoroughness and reliability of its operations.

Template Websites Similar to Trade Current Pro

Template Websites Similar to Trade Current Pro

Template Websites Similar to Trade Current Pro

Conclusion

In summary, Trade Current Pro is a financial platform that was established not long ago and is full of doubts. The platform does not have any company background information, the website design uses common templates, and even the regulatory certification it claims is false propaganda. The account type design is also extremely unreasonable, and different deposit amounts promise the same returns. This unrealistic high rate of return makes people doubt its credibility. In addition, the platform website has zero traffic, and there is no clear deposit and withdrawal information and trading software disclosure. All signs indicate that its opaque operation method is a typical scam. For investors, it is wise to avoid such platforms to avoid financial losses.

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Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Forex brokers

Forex brokers refer to the companies or individuals that offer individuals and corporate customers access to trade in the forex market. These brokers act as intermediaries between the clients and the global forex market, enabling investors to buy and sell various currency pairs.

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