"https://traderx-web.com" has been flagged by Hellenic Capital Market Commission for "Unregistered/Unlicensed entity offering financial products or services|Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that "https://traderx-web.com" has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
My card was charged twice by "https://traderx-web.com" on the same day. I had to dispute it with my bank. "https://traderx-web.com" then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dividend tracking|Multi-device support|Transparent fees
Cons: Help articles are sometimes vague|No phone support on weekends
I trusted "https://traderx-web.com" with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Good mobile app|Competitive fees
Cons: Inactivity fee applies after 12 months|Live chat only during business hours
I lost a significant amount because "https://traderx-web.com" did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy withdrawals|Copy trading available|Regular updates|Demo account available
Cons: No dark mode on mobile
I requested my data from "https://traderx-web.com" under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Tax reports included|Risk management tools|Market news feed|Low minimum deposit
Cons: No dark mode on mobile|Limited cryptocurrency options
After doing some research AFTER the fact (I know, I should have done this first), I discovered that "https://traderx-web.com" is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After spending since early this year trying to make "https://traderx-web.com" work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Demo account available|Personal attention|Comprehensive tools
Cons: Spreads widen during volatile periods|Research section could be deeper
"https://traderx-web.com" has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Fast support response|Instant funding
Cons: Minor UI glitches occasionally|Minimum deposit could be lower
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. "https://traderx-web.com" said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Copy trading available|Segregated accounts|High security standards
Cons: Desktop app not available on Linux|Spreads widen during volatile periods
"https://traderx-web.com" has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: API access|Economic calendar
Cons: Some tools only available on higher tiers