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Warning: Is Trade62 a Scam?
⚠️ Trade62 has been reported by the The Central Bank of Russian Federation (Russia).
Is Trade62 (trade62.com) safe? We found major red flags. Users have reported withdrawal issues.
Review: Trade62 (trade62.com)
Be wary of Trade62 (trade62.com); it shows many characteristics of a scam.
Trade62 presents itself as a financial platform, but it appears unregulated by any credible financial regulator, such as the FCA or SEC.
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Regulatory Check: Trade62
Our check reveals that Trade62 lacks a valid license.
Trading with unlicensed brokers is very dangerous. Real firms are must be authorized with agencies like the FINRA or FCA to protect investors.
Trade62 lacks this protection. This means there is no protection if they steal your money. Most online scams involve unregulated actors, and recovering funds from them is difficult without professional assistance.
For example, in the UK, unlicensed firms are outside the jurisdiction of the compensation schemes. In America, they are not members of SIPC, so your capital is completely exposed.
How Trade62 Might Scam You
Investment fraud is getting smarter. Fraudsters use manipulation to steal wealth. Here are common methods used by sites similar to Trade62 (trade62.com).
Dating App Scams
The "Romance Scam" is a brutal method where scammers build trust over months. They fake a relationship online. Once trust is built, they mention a special investment. It is a lie to lure you onto a fake platform like Trade62.
The "Bonus" Trap
Scammers create websites that look exactly like real trading apps. They have charts and balances that increase. But it is a fake. The broker manipulates the prices to convince you to deposit more. When you try to withdraw, the "profits" disappear.
Other Warning Signs
- Unsolicited Contact: You get calls from "brokers" out of the blue.
- Unregulated: The company lacks authorization.
- Guaranteed Profits: They guarantee 1% daily returns with no risk.
- Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" first.
- Aggressive Sales: "Account managers" push you to invest bigger amounts.
Do not trust fake reviews. Scammers frequently write their own 5-star reviews to look legitimate.
Conclusion
Our verdict is to avoid Trade62. It is likely a scam. Protect your money and use a regulated broker. Avoid trade62.com at all costs.