Should You Trust TradeNetCapital? A Comprehensive Review of tradenetcapital.com

There are numerous ways to earn money online, but recently trading has become one of the leading options, as many people wish to earn income without leaving their homes. However, every client of such platforms may encounter certain problems, such as fraud from the platform owners, as not all of them are willing to truly abide by the contract terms and pay out money. In this TradeNetCapital review, you will learn the true facts about this broker’s operations, which will help you safeguard your savings and save your time.

Is TradeNetCapital a Trusted Platform?

It doesn’t make sense to discuss whether a broker is reliable without examining its official website and all the information presented on it. However, in the case of TradeNetCapital, suspicions about the legality of this organization arise almost immediately upon visiting the site, as its homepage looks more like a news project than a reliable and secure platform.

The project owners claim that TradeNetCapital has been operating for over 10 years and has extensive experience in this field. In reality, it is a very young project, and we will discuss its history in more detail later. For now, let’s focus on the trading offers, as the terms of cooperation with the company remain unclear even after creating an account and depositing funds.

Many traders do not pay attention to the presence of registration and licensing before starting cooperation with a broker, but this is a very important aspect. Companies that have not received permission to provide services are not regulated and can deceive clients. TradeNetCapital is one of the illegal projects, as despite the presence of a published registration number, the platform is not listed in Scotland’s databases. It also has not obtained any license for brokerage services.

Special attention should be paid to the terms of the tariff plans. It is unlikely that you have seen a company that limits its clients in the number of transactions before, but this broker has set a limit on trading operations. Clients using the basic account can only make 15 transactions per day. So, scalping is allowed here, but you need to top up your account with a substantial amount of money for it.

The cost of acquiring an account is also very high. The broker does not use dollars or euros to indicate the minimum deposit but specifies it in bitcoins. The bitcoin exchange rate is constantly changing, and acquiring an account using cryptocurrency is not the safest decision. It is almost impossible to track such a transaction, and resolving the issue of returning money will take a long time. Good brokers always accept payments from clients to the organization’s accounts. Cryptocurrency wallets are secondary.

Concerned About Withdrawal?

All data regarding the commission level and minimum payments for balance replenishment are only available to registered clients. Other users do not have such information. It is very important to understand that a good broker will never hide important information from its clients. TradeNetCapital should not be trusted, as it is an unreliable organization that uses cryptocurrency as the main currency on the platform.

How Long Does The Broker Work?

The project administration claims that TradeNetCapital has been operating for over twenty years. However, the footer of the project indicates that it started in 2014. The actual operational period can be easily checked by studying the domain registration date. In reality, the project began operations on August 19, 2023, and has been around for less than a year. There is no question of a 20-year experience here. Attention! This review belongs to InvestExpertHub.

Other Signs of Fraud

❗It is impossible to read the user agreement because it is not uploaded on the site. There is a chance that a client who deposits money will learn the contract terms, but it is unlikely that a broker of this level will truly abide by the established rules. As mentioned earlier, cooperation with such an organization can negatively affect your finances.

❗Although its presence does not guarantee that the broker is not a scam, the owners of this project have removed the ability to test the platform’s functionality without depositing funds. You need to deposit 0.13 bitcoins to get the most basic tariff plan, which is a substantial amount and is unlikely to pay off, as numerous negative reviews from traders confirm that TradeNetCapital is a scam.

❗Usually, truly reliable projects are popular, and reviews are written about them, with satisfied traders always posting on social networks after a successful deal. However, there is very little information about TradeNetCapital, and the articles describing working with the organization as a positive experience look clearly promotional.

TradeNetCapital Review Conclusions

TradeNetCapital is far from the best broker. The company has a poor reputation in the market, and its popularity is at a low level. The project owners deceive traders and do not pay out their money, leading to the necessity of contacting law enforcement and increasing negative reviews about the organization.

➕The broker has been operating for about a year.

➖No user agreement.

➖Low project popularity.

➖Deposits in cryptocurrency.

FAQ

Brief Conditions

Type	Forex
Location	Scotland
Establishment Year	2023
Regulation	❌
Customer Service	[email protected]
Languages	En
Demo Account	❌
Mobile Trading	✅
Web-based Trading	✅
Bonuses	✅
Minimum Deposit	0.13 BTC
Max. Leverage	❌
Scalping Allowed	✅