Online trading is an extremely popular way of earning money nowadays, and for that reason, the market is teeming with different traders and trading platforms. There are scam brokers too. One of those brokers is Tradenaut Trading, a platform that has been receiving a lot of negative feedback lately.
Company Overview
| Broker Name | Tradenaut Trading |
| Website | https://www.tradenaut.io/ |
| Location | Singapore |
| Regulation | Not regulated |
| Traders’ review | Negative |
Team
On their website, Tradenaut Trading boasts a team of experienced and qualified financial experts with years of experience in the financial sector. However, upon closer inspection, there is no information available regarding the identity of any of the so-called experts. There are no names, photographs, or LinkedIn links provided, which is suspicious and raises red flags that the company is not as professional as they claim to be.
Services and Products
Tradenaut Trading provides its clients with a range of services and products such as forex, commodities, stocks, and CFD trading. But we did not find any kind of details regarding the services or products.
Trading Platform
Their trading platform is unspecified and there is no demo or details about this. We found this image about their platform.
This is just a made-up image and this is clear that they actually don’t have any reputable or good trading platform.
License and Regulation
License Status
Upon investigation, we discovered that Tradenaut Trading is not a licensed or registered broker in any country. Their website title claims that they are a Singapore-funded trading platform but no proof of license from the Singapore Government or any organization.
Regulation Status
Similarly, we found no evidence of regulation status and oversight by any regulatory body, which is a significant red flag. Client funds are not ensured or segregated, leading to the potential risk of theft or fraud by Tradenaut Trading.
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?
Trusting an unlicensed broker is extremely risky and could lead to losing your funds entirely or having your personal information compromised. Licensed and regulated brokers must follow strict guidelines to ensure the safety and transparency of their transactions to mitigate these risks.
Legal Warnings Against Tradenaut Trading
This broker is just a new trading platform that is building its platform. That’s why we did not get any warning notice from this broker. But. from several online forums and reporting websites, we found that several people are contacted by this broker to invest in their company.
Client Feedback About Tradenaut Trading
Clients who have dealt with Tradenaut Trading have reported having a very negative experience.
About Their Trading
Tradenaut Trading claims to be an expert in the financial sector, and they offer their clients a range of trading services. However, many clients have reported that the signals and analysis provided by the platform have not been profitable, and the algorithms used to be far from reliable.
About Their Customer Service
Customer service is an essential aspect of any trading platform, and unfortunately, based on client feedback, Tradenaut Trading has failed to meet these expectations. Many clients have reported that their customer service was unresponsive, slow, and failed to provide meaningful solutions to issues raised.
How Can Reviewsadvice Help You If You Get Scammed?
If you get scammed by this broker, do not hesitate to contact us. We will evaluate your case and will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
Final Thoughts
Tradenaut Trading is an unlicensed broker and has been flagged as a scam by several regulatory authorities. Clients have reported a negative experience with the platform, and the lack of regulation and oversight is a severe red flag. Always be wary of unlicensed brokers and conduct due diligence before committing to any investment.
