Table of contents
Read the review of TraderVisual and see just what this alleged broker has to offer.
Let us say before we continue, that TraderVisual’s website consists of three sections only: a Home Page, a Log In Page, and a Registration Page. All subsections are part of the Home Page. Overall, this is one of the simplest and emptiest websites, not only broker, we have ever stumbled upon.
Because of this void, there is close to no information concerning trading conditions. Furthermore, there is no mention of a regulation, and legal documents are nowhere to be seen. We couldn’t even register to see if there was at least a stable Client Are. Our Sign Up process was disturbed by a Captcha Error that kept reoccurring.
TraderVisual is obviously 100% UNREGULATED, and is a risk to all those that are able to register and invest money in it.
We strongly advise traders to trade only with regulated brokers that hold a license from renowned and severe institutions such as the FCA or CySEC. Not only do these agencies oversee operations and require regular reports from brokers registered with them, but those under their jurisdiction are members of compensation funds that cover victimized clients’ losses of up to £85 000 (FCA) and €20 000 (CySEC).
We assume that the broker tries to recruit victims by directly contacting them once they give away their phone number in the registration page. After that the user will eventually start getting phone calls from the broker’s representative, whose one and only goal is to push you to make an initial deposit. In so doing, the first stage of the scam is complete- the pitchers have won themselves a hefty commission. After the pitchers are done with you, the retainers, or so called “personal account managers” will charm and manipulate you into funding your account with much larger sums of money ($10 000…), because, as they will claim, that is the only for you to profit in the tens of thousands.
Unfortunately, this review will be very brief because there is nothing to work with. Any spreads, leverage, and assets are non-existent.
By now you would have guessed right that there is no trading platform. The closest thing to it is an Economics Event calendar that shows financial events. That’s it.
TRADERVISUAL MINIMUM DEPOSIT
Any deposit information is unavailable. With cases such as this one, the usual thing to do in that reveals any funding info is to register, and proceed to the deposit section. But as we have concluded, we could not register. So, unfortunately, any deposit information will not be included.
We would not deposit with this one if we were you. This broker is clearly not legitimate and not regulated, meaning that who knows what they will do with your investment. Traders should deal exclusively with brokers regulated by exemplary agencies such as the FCA or CySEC, for they oversee a brokers activities from head to toe with a severe case of diligence.
DON’T PROVIDE YOUR CREDIT CARD CVV CODE
Never give away your CVV code without first making sure that the broker is regulated by an efficient agency. By giving away your Card info with the CVV code to some unconfirmed person you are literally giving access to your funds, and if these details fall into the wrong hands, rest assured that your bank account will be promptly emptied.
DON’T PROVIDE ACCESS TO YOUR COMPUTER AND BANK ACCOUNT VIA ANYDESK OR TEAMVIEWER
Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. These 2 platforms allow for your PC to be taken over by a second party, often times for help or guidance, but in the case of these brokers for the sole purpose of looting your bank account(s) and personal information. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way.
TRADERVISUAL WITHDRAWAL TIME AND FEES
What we said in the Minimum Deposit section of this review is applied to this part of it. The so called broker has not included any piece of withdrawal information. We are certain that you will never be allowed to withdrawal, since there are no legal documents with your rights on them.
ADDITIONAL FEES AND TAXES
There are no additional fees mentioned in because there are no Legal Documents.
Be sure to note that any effort to withdrawal your money will be unsuccessful. Either the broker will find a loophole in the terms and conditions that is completely made up, will firmly advise you against withdrawing, or they will ask more deposits needed if one wished to withdrawal. Scammers come up with additional fees and taxes for the sole purpose of keeping you on stand-by, and to deplete as much money from you as is possible.
Beware, once more, when giving away an ID and a proof of address. Trustworthy brokers ask for these before traders can deposit to make a check up. Deceitful ones will ask for these details, using the anti-money laundering legislation as pretext, once you start asking too many questions and are getting suspicious of their activities. Understand that they will use this to build a stronger case against you in the event that you request a chargeback.
We are positive that this so called broker will not return your funds; the evidence we have laid out before you work in sync against it. The sound thing to do is to direct your attention and investment to an FCA or CySEC licensed broker where the law is integrated in every aspect of their operations.
HOW TO RECOVER
Don’t delay, and file for a charge back ASAP with your bank or credit card company, but also ask them what the situation with your current account is.
If you have given away your credit card details including the CVV code to the “broker” you should cancel it ASAP and check with your bank to see the damage inflicted.
Victimized traders will have their guards down looking for every opportunity to get their money back. This is where the fake recovery agents come in, seeing an opportunity in your desperateness. First of all, they will promise to recover all your money, but they will ask a fee to cover their services. Once this fee is paid rest assured that you will never again hear from them.
The last line of defense for these indecent folk is more like a desperate cry: often times they will comment on reviews and cite the whole ordeal as a conspiracy initiated by competitive brokers against them; at times even claiming that reviewers are anything but objective, and that no one writes good reviews. The absurdities are limitless!
TraderVisual is not a broker. It’s a digital thief poorly disguised as a brokerage firm. Please DO NOT invest anything, and keep away from this one!
TraderVisual compared to other brands
United Kingdom, Cyprus, South Africa, Mauritius
Cyprus, Saint Vincent and the Grenadines