TDX Insurance has recently gained a lot of attention in the market and has become a hot topic in financial circles. The insurance broker claims to offer a reliable and secure trading platform for all clients. However, there are several reports circulating online claiming that it is a scam broker that intends to steal clients’ funds.
Company Overview
| Broker Name | TDX Insurance |
| Website | https://tdxinsurance.com |
| Location | London |
| Address | 20 Bentinck Street, London W1U 2EU London |
| Traders Review | Negative |
Team
There is actually no information regarding the team behind TDX Insurance. In some online forums, we found the name “Turner Davis” as the Chairman of this company, but we found no evidence for this claim.
Services and Products
TDX Insurance offers a wide range of cryptocurrency trading. They provide a cryptocurrency investment platform, and crypto investment and trading platform.
Trading Platforms
The company offers a web-based trading platform that is user-friendly and easy to use. The platform claims to provide real-time quotes, advanced charts, and technical analysis tools.
License and Regulations
A trading company’s authenticity and reliability are directly related to its license and regulation status. An unlicensed broker is never to be trusted. Therefore, in this section, we will discuss TDX Insurance’s license and regulation status.
License Status
TDX Insurance is not a licensed broker. We did not find any information regarding their license information on their website.
We also tried to contact their given email address. But, there was no response.
Regulation Status
There are no regulatory organizations overseeing TDX Insurance. It claims to be situated in London, UK. That means they should have regulation confirmation from the FCA. But when we searched the FCA website, we found no confirmation.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Why Should Not You Trust An Unlicensed Broker?
Unlicensed brokers operate without any legal oversight, meaning that their activities are not monitored to protect clients from fraud. Trading with an unlicensed broker is ill-advised since there is no assurance that they will not take your money and disappear. It is always safer to do business with regulated companies as they must adhere to strict guidelines set by regulatory organizations.
Legal Warning Against TDX Insurance:
There is a legal warning against TDX Insurance issued by the Financial Conduct Authority. The warning states that it is not licensed and poses a risk to investors. In light of this warning, it is advised not to invest with this broker.
Customer Feedback on TDX Insurance:
Feedback from clients who have used TDX Insurance is not encouraging. Customers report that the broker is unreliable and has poor customer service. Clients also claim that the broker’s trading platform is glitchy and that they have difficulties accessing their funds and accounts. It is notable that feedback from clients confirms that it is a scam broker.
Customer Feedback About Their Trading:
Those who have used this trading platform claim that the platform is sluggish and full of bugs, which hampers the trading experience. Moreover, many of the clients feel that the system is rigged and that they cannot make profits.
Customer Feedback About Their Customer Service:
TDX Insurance’s customer service is cited as one of its biggest drawbacks. Clients report that the customer service staff is rude, unresponsive, and unhelpful. Additionally, complaints made to the customer care team are seldom dealt with satisfactorily.
How Can Reviewsadvice Help You If You Get Scammed Them?
If you have invested in TDX insurance and suspect that you have been scammed, Reviewsadvice can help you. The platform provides assistance to people who have been defrauded by TDX Insurance or any other scam brokers. They can advise on the best course of action and help recover any lost funds.
Final Thoughts
In conclusion, our review of TDX Insurance has revealed that this broker is unregulated and lacks transparency. The feedback from clients is not encouraging. It’s poor website design, plagiarized content, and non-existent license make it a risky broker to invest with. Therefore, we strongly advise against trade with TDX Insurance and recommend pursuing regulated and licensed platforms.
