TradeFills Review: Don’t Take a Chance Dealing with TradeFills
TradeFills is an online forex dealer founded in 2022 and licensed in Saint Vincent and the Grenadines. It boasts that it gives customers a variety of financial markets, including forex, metals, stocks, indices, and more.
With leverage up to 1:1000 and spreads as low as 0.0 pips, TradeFills offers two trading software options. Furthermore, this dealer claims to be willing to help 24 hours a day, seven days per week.
All of the promises are meaningless given that TradeFills is a phony broker. TradeFills is an unlicensed offshore forex broker that hasn’t received approval from or been subject to regulation by any governing bodies. Read this complete TradeFills review to know more about the TradeFills scam.
Is TradeFills legit or a scam broker?
It has been proven that TradeFills, an unregulated offshore forex broker, is not authorized or subject to control by any regulatory bodies. Its controlled status is listed as no license, and on the other review website, they got negative reviews and poor ratings.
Trading Assets
According to TradeFills, its customers have access to the majority of more than 500 trading assets. This broker site offers a variety of trading assets, including foreign exchange, metals, stocks, indices, energy, and cryptocurrency.
Trading Accounts
TradeFills login method is quite similar to other investment platforms. With a $5 minimum deposit, the MetaTrader 4 platform, 1:1000 leverage, and an extremely low 0.0 pip spread, TradeFills provides two different account types: Standard account and ECN account. US customers are not accepted by TradeFills. U.S. TradeFills deposit methods include five tiers of accounts for both beginning and experienced investors, including, Surprisingly, this platform only requires a $5 initial deposit to start any account however deposit no deposit bonus is another concern.
We can say that this is a fantastic chance for newcomers to try forex trading without taking on the larger risks involved with a traditional trading account. Professional and active traders can fulfill their trading requirements by selecting either the Professional account or the ECN account.
Additionally, all four trading accounts are compatible with Swap-free choices.
Trading Conditions
Trade Fills offers absurdly high trading leverage up to 1:1000, which is far above what many regulatory authorities consider to be suitable. Most offshore dealers frequently use high leverage as a ploy to lure investors into their traps.
Trading accounts decide spreads and commissions. With average spreads starting at 1.4 pip for Cent, Micro, and Standard accounts and 0.8 pip for Professional accounts, the Cent, Micro, and Standard accounts provide a zero-commission trading setting. The ECN account provides raw spreads with a minimum of 0.0 pips and a 4 USD commission.
Customer Support
The multilingual support staff is available via phone and email whenever the markets are open. TradeFills can be contacted by phone at +44 7888 872335 or by email at support@tradefills.com. You can also follow this broker on social media platforms like Facebook, Twitter, LinkedIn, and Instagram.
Conclusion
The TradeFills review makes it abundantly obvious that this broker is unsuitable for trading. Without a doubt, we strongly advise every customer and trader to avoid Tradefills.com and other brokers of a similar nature. Tradefills received a poor rating from Trustpilot, a well-known and trustworthy review site, with a score of 2.4.
Because they were unable to withdraw earnings along with the deposited funds, traders claimed that they had been scammed. Some claimed that even though their withdrawal request was granted, there was no money transfer.
File a complaint here if you were a victim of the Trade Fills scam or any other scam, such as the forex scam, cryptocurrency scam, binary scam, etc., to get your money returned. We will handle your complaint and assist you in recovering lost funds.
Read about a broker who engaged in a similar scam – Blackhawk Bank review
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