Trade99 Scam – Why You Shouldn’t Give It A Chance

March 10, 2020 – Trade99 Scam Owners EXPOSED! (Check below)

Founded in 2019, is a web-based trading platform that lets you trade cryptocurrencies and offers multiple accounts to traders. It features several types of trading instruments and platforms, as well as funding options for traders from all over the world. It prides itself on having one of the topnotch customer support teams in online trading. And if you are new to Trade99, there are available trading courses that you can take to up your game.

However, it is a young, offshore company that has several discrepancies that it should improve. As we explored their website, we found out that it does not have a MetaTrader5 platform, which is an essential component in a cryptocurrency trading platform. It is not a regulated broker, and there are loopholes in some of their Terms and Conditions, proving Trade99 scam to be real. Here is an honest Trade99 review to help you realize why you shouldn’t give it a chance.

Trade99 - trade cryptocurrencies online

Why It Is A Scam

In most cases, a scam trading broker promises many good things to attract traders and customers, and this platform is not exempted. These red flags should give you a warning.

Unregulated Without License

They have disclosed that Nohelious International Marketing Operations, a Dominican Republic-based company, manages the trading platform. However, they want us to think that they are located in Hong Kong. The problem is that if a trading platform is based in Hong Kong, then it should be regulated by the Hong Kong Securities and Futures Commission. But Trade99 is not, making it possibly another one of the too many cryptocurrency scams. The same goes for brokers in the European Union. They should be regulated by either UK’s Financial Conduct Authority or Cyprus Securities and Exchange Commission.

Unavailability Of MetaTrader5

As we have previously stated, it does not support the MetaTrader5 platform. We tried to download it, but the only available platform is a web-based platform that lacks features.

Unspecified Fees

If you read their terms and conditions, you will find out that they will charge fees for their services, fund deposits, and money withdrawals. However, they have no clear amounts of these particular charges.

Unwanted Bonus Withdrawal Restrictions

They have confusing regulations on bonus withdrawals. For example, if you want to withdraw a bonus of $100, you need to trade a minimum of $2.5 million. Why would they do that? And worse, they change their policies whenever they feel like it. That should give you an idea that they are not doing something legit.

Unaccepted Payment Methods

Neteller and Skrill are not accepted as payment methods. Although they placed icons of these e-commerce businesses, we didn’t see these payment options after making an account on their website.

Trade99 scam - read our review before investing in it!

True Testimonials

If you are not yet convinced of Trade99 scam, here are some testimonials from real people who have experienced using it.

“These a******s are scam artists no explanation needed stay away stay clear, Trade99 is a Scam. I lost $250 but it will ruin their lives I promise them.”

Peter 09/03/2019

“They failed to get me to open an account with them to trade bitcoins, now they resort to use different mobile numbers to harass every 30min or so…  i want the world to know they are a total scam and their business mode of operations involves harassment of potential clients.”

Eric Cheah 08/22/2019

Is Trade99 Scam or Legit?

Based on what we have written on this review, we are convinced that it is not legit. It is an unregulated, offshore trading platform with low credibility. It is for that reason why we can’t recommend this company to anyone. The mere fact that it is unregulated should already serve as a major red flag, and trading with such questionable companies is risky. It is best to avoid those cryptocurrency trading scams to prevent any financial losses.

Trade99 Owner

It was easy than we thought. We just searched “trade99 founder” on Google and found the following review:

Trade99 is owned by Mr. Oren Shabath Laurent, the owner of Banc de Binary

Who’s Oren S L? It just says he also founded the infamous Banc de Binary. As a result, we made another search on Google. We tried the phase “trade99 oren” and found out the answer:

Mr. Oren Shabath Laurent is our guy! He’s the founder and owner of Trade99 scam. In addition, as we can see, Mr. Laurent has two more partners – Levy and Ben.

Also, it says that the Trade99 call center is located in Bonifacio Global City, Philippines.

Trade99 Scam – Cut The Crap

Related Companies

Nohelious International Marketing Operations Ltd8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica
Clear Transfer Technologies OÜHarju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-1043, 10119, Estonia

Related People

Oren Shabath Laurent
(Israeli | April 1984)
Founder and Owner at Trade99
Founder and Owner at Banc de Binary
Partner at Trade99
Partner at Trade99
Elmarie Ibanez
(September 1966)
Board Member at Clear Transfer Technologies OÜ
Janice Cabellon
Account Manager at Trade99

Related Scams

Clear Transfer

Got Scammed? How To Get Your Money Back?

We know the frustration you feel after being scammed. At a certain point, you feel lost, and you have no idea what to do next. Of course, it’s a traumatic experience. What you’re feeling is valid and understandable. However, you don’t have to dwell in that dark place for a long time.

All hope is not lost as there are various ways to get your stolen money back. Yes, you read that right. So, if you have been scammed, you can apply these tips to increase your chances to retrieve your money from those shameless scammers.

If you paid using a credit card, you can use chargeback to request a refund from your bank card provider. In addition, you can also use chargeback if you paid using a debit card. A word of caution, though, there are requirements before this applies, so know them first.

You can also file a complaint about the PSP (Payment service provider) and a demand for reimbursement. If you’ve been scammed and the banks involved are not doing what they are supposed to do, you should be refunded after the fraud happens.

But if nothing still works at your advantage, and you need further assistance, you can contact us through our email, [email protected]. We will help you in any way we can. Don’t worry. We’ve got you covered!

One Reply to “Trade99 Scam – Why You Shouldn’t Give It A Chance”

  1. My name is STOKLEY AYINDE and I got to know of your organisation when Googling for assistance to recover my money from Trade 99.

    I invested £1500 in April last year and was seeing my investment growing gradually till up to last year. Then in about few weeks ago, I logged into my account and there was nothing in my account. All the interest that accrued on the account and my initial investment is no more.

    I tried to contact them but to no avail. My broker’s name is SAM and all my emails to him were not honoured.

    Would appreciate your assistance in recovering my money back.

    Looking forward to hearing from you.

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