TRADING TECK Review 1
Support never answers emails, I have tried so many times without success. Please stay away from TRADING TECK. They will waste your time, money, efforts and skills!
TRADING TECK Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
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Support never answers emails, I have tried so many times without success. Please stay away from TRADING TECK. They will waste your time, money, efforts and skills!
In 2025, Trading Tech stands out as a controversial player in the forex and CFD trading arena. Most reviews highlight significant concerns regarding its regulatory status and user experiences, with many users reporting issues related to fund withdrawals and customer service. Notably, Trading Tech is linked to Eudaimon Consulting LLC, which has been flagged by multiple regulatory bodies for fraudulent activities.
Note: The presence of different entities operating under similar names across various regions complicates the assessment of Trading Techs legitimacy. This review synthesizes data from multiple sources for fairness and accuracy.
Category | Score (out of 10) |
---|---|
Account Conditions | 4 |
Tools and Resources | 5 |
Customer Service and Support | 2 |
Trading Setup (Experience) | 3 |
Trustworthiness | 1 |
User Experience | 2 |
Additional Criteria (Regulation) | 1 |
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's offerings.
Founded in 2021, Trading Tech operates under the domain tradingtech.io, offering a platform primarily for forex and CFD trading. The broker claims to utilize the MT5 trading platform, providing access to various asset classes, including currencies, indices, commodities, and stocks. However, it lacks regulation from any reputable financial authority, raising significant concerns about its operations and the safety of client funds.
Trading Tech operates from Saint Vincent and the Grenadines, a jurisdiction known for its lax regulatory environment. According to multiple sources, it does not hold any licenses from recognized regulatory bodies, making it a high-risk option for traders. Warnings from the CNMV (Spain), FMA (Austria), and CONSOB (Italy) have categorized Trading Tech as a fraudulent entity, advising extreme caution when dealing with the broker.
Users can deposit funds using credit cards and cryptocurrencies, with a minimum deposit requirement of €250 for the cent account. However, withdrawal issues are rampant, with many users reporting significant delays or outright refusals to process their requests. The lack of transparency regarding fees and withdrawal processes further complicates matters, making it difficult for clients to retrieve their funds.
Trading Tech offers three account types: Cent Account (€250), Pro Account (€2,500), and Pro+ Account (€25,000). The leverage offered can go up to 1:500, which is attractive but risky. The spreads are reported to be high, with some users noting spreads of 3 pips, significantly above industry standards.
The broker provides a limited array of tools and resources for traders, including live charts and market analysis. However, the overall quality and depth of educational resources are lacking, which may hinder new traders from making informed decisions.
Customer service is a significant drawback for Trading Tech, with a score of just 2 out of 10. Users have reported poor communication, long response times, and a general lack of support when issues arise. The absence of a dedicated phone support line further exacerbates the problem, leaving users feeling unsupported during critical trading decisions.
User experiences vary widely, but the consensus leans heavily towards dissatisfaction. Many reviews describe the platform as unreliable, with frequent technical issues and a lack of responsiveness from customer service. The overall sentiment suggests that the platform is not user-friendly, especially for those new to trading.
Category | Score (out of 10) |
---|---|
Account Conditions | 4 |
Tools and Resources | 5 |
Customer Service and Support | 2 |
Trading Setup (Experience) | 3 |
Trustworthiness | 1 |
User Experience | 2 |
Additional Criteria (Regulation) | 1 |
Account Conditions (4/10): The minimum deposit is relatively low, making it accessible for new traders. However, the lack of transparency regarding fees and withdrawal processes is a significant downside.
Tools and Resources (5/10): While Trading Tech offers some basic tools, the lack of comprehensive educational resources limits its effectiveness, especially for novice traders.
Customer Service and Support (2/10): The overwhelming feedback points to a lack of adequate customer support, with users reporting long wait times and unhelpful responses.
Trading Setup (3/10): The trading experience is marred by technical issues and high spreads, negatively impacting overall user satisfaction.
Trustworthiness (1/10): With no regulatory oversight and multiple warnings from financial authorities, Trading Tech is viewed as a high-risk broker.
User Experience (2/10): User experiences indicate a general trend of dissatisfaction, primarily due to technical issues and inadequate support.
In conclusion, Trading Tech emerges as a broker fraught with issues, particularly concerning its regulatory status and customer service. The overwhelming consensus from users and experts suggests avoiding this broker due to its lack of transparency, high-risk profile, and negative user experiences. If you are considering trading with Trading Tech, it is crucial to conduct thorough research and consider safer, regulated alternatives.