Tradepro Capitals Review – Report a Scam
Unfortunately, many of these brokers use these opportunities as a way to trick people out of their crypto coins. After investigating these suspected crypto scams carefully, we are adding Tradepro Capitals to the blacklist.
We don’t like accusing brokers of being fraudulent or jumping to false conclusions. However, after reading countless reviews, looking at regulators’ sites, perusing their alerts, keeping up with news about fraudulent crypto brokers, and using our proprietary investigation methods, we have concluded that consumers should stay away with Tradepro Capitals because it seems to be a crypto scam.
We urge people who hold an account with Tradepro Capitals to close it and to demand an immediate withdrawal of all of their funds. However, brokers who are involved in fraud will not release funds and will make excuses or charge huge fees for the right. If this happens, report to ChargeBax right away and we will guide you on your next steps.
How Crypto Frauds Work
Tradepro Capitals may seem like any other broker. It may have a nice website or active social media page, have a friendly approach, claim to have a valid license, and gives you an offer you don’t feel you can refuse–perhaps 1% return a day on bitcoin trades. You do the math and realize that soon you will be seeing triple-digit returns.
So what can you lose? All of your money. Not all crypto scams are blatant. They may seem professional and legitimate at first. However, they have a way of pulling people in, holding their money hostage, and persuading them to keep investing more. Sooner or later, customers do not want to believe that brokers like Tradepro Capitals are cheating them because they have invested so much of their money already that want the bad dream to be over.
Why We Think Tradepro Capitals Is Probably a Crypto Scam
We have done a deep dive into information from regulators, details about the site have applied our tested method, and have determined that Tradepro Capitals is a suspected crypto broker.
Tradepro Capitals has been called out for at least several of the following reasons:
No License or Offshore License
Tradepro Capitals has been called out for not having adequate licensing. Any of the above scenarios may be the case with Tradepro Capitals. The bottom line is that this broker does not have an adequate license.
Tradepro Capitals has been flagged for having a negative reputation. This is not just due to negative customer reviews, but includes notifications from regulators and Tradepro Capitals may have had been the subject of poor press coverage. You can find a broker that is reliable and do not need to work with a broker that has a shadow over it.
Tradepro Capitals, like many other crypto schemes, promises returns that can’t be guaranteed. This creates not only disappointment but is an ethical problem for any broker. Risky assets like crypto or forex can’t be predicted and can rise and fall quickly. There is no way any broker can guarantee clients will achieve a certain level of return.
Tradepro Capitals may not have complied with regulations. This is serious and can involve legal problems. This usually means that the broker is implementing practices that are contrary to regulations or signing up customers in regions they do not have a license to operate.
Getting the attention of regulators isn’t easy. The fact that Tradepro Capitals may have been singled out for a warning from regulatory bodies sends a powerful message to stay away.
Red Flags for Tradepro Capitals:
Here are some major problems that may characterize Tradepro Capitals:
- No license or low quality licensing
- No transparency
- High fees, spreads, and commissions
- Aggressive manner
- Does not grant withdrawals
- Stops communicating
If Tradepro Capitals shows any of these characteristics, demand a withdrawal of all of your funds immediately. If this is not granted, contact ChargeBax right away.