Trade Financial Review is TradeFinancial Scam or Legit Broker

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Etoro Review 2020, Etoro SCAM Or Legit Social Trading Platform?

eToro Review and Scam Broker Investigation
eToro is an established Forex and Cryptocurrency broker as well as a unique social trading platform. It is a global financial corporations operations in Cyprus, Israel, the United Kingdom, and various parts of Eastern Europe. Their UK address is 24th floor, One Canada Square
Canary Wharf E14 5AB London, United Kingdom, and the on in Cyprus is located at KIBC Kanika International Business Center 7th Floor,
4 Profiti Ilia Street Germasogeia, Limassol, Cyprus 4046. It has multiple licenses. eToro (Europe) Ltd., a Financial Services Company authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license # 109/10. And eToro (UK) Ltd, a Financial Services Company authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263. Etoro can be contacted via their “contact us” page.

Official Website, Login Page, and Members Area: Etoro(dot)com

eToro Review – Recommended Broker?
eToro is probably the largest and most recognized social trading networks available online for both amateur as well as professional traders. This broker owns custom-made proprietary software with adjustable settings and a user-friendly Forex CFD trading platform. Investors are able to utilize three trading options or features after signing up and funding a real money trading account.

  1. Trade Marketsallows you to independently execute trades by yourself using the in-house trading platform.
  2. Copy People allows you to search for successful investors and try to copy their strategy. This feature is adjustable and there are many filters on it so you can choose conservative traders or ones who choose to risk more.
  3. CopyFunds was just recently released and here you can join a group or groups of investors. Then follow them and invest similar you would in a mutual fund or ETF.

You can choose from hundreds of underlying assets available for Forex, Crypto, and CFD trading. These included but are not restricted to safe haven currency pairs such as USD/EUR, and USD/GBP. Cryptos such as USD/BTC, and BTC/ETH. Stock market indices such as S&P 500, and Dow Jones Industrial Average. And popular commodities such as Gold, Silver, and Oil. Exchange Ttrades Funds are also available and according to eToro corporate headquarters, US traders are now able to trade cryptocurrencies as well.

What is the Minimum Deposit Amount?
You will have to fund your trading account with at least $200 in order to get started.

Is Demo Mode Available?
Yes, you can check it out for yourself before investing.

Are There Any Problems Cashing Out?
We did receive various complaints in regards to withdrawals, but these were resolved as traders are always hyper-sensitive about their money and don’t bother reading the fine print. Sometimes a clarification and good communication saves the day, and that is what happened in our case.

Etoro Signals Alerts
Here you will see the signals we received to our cellphone. It’s worth nothing that their app is available both on Android as well as on iOs on iPhones and iMac. The signals arrive to your smartphone or device in a very clear and easy to understand way. You can choose to buy or sell the contract according to market rates, sentiment levels, or the popularity bar as seen here.

Opening An eToro Account
You will be required to enter your full name, email, address, and choose a password. After that you will be contacted via phone by an eToro representative and asked to validate or confirm your identity. You will be required to produce documentation such as a valid drivers license, utility bill, and/or bank statements.

eToro Cashier (Depositing and Withdrawing Options)
The are are various ways you can fund your account as well as cash out. The obvious is Debit/Credit cards such as Visa and Mastercard, and then we have wire transfers, Paypal which is a rare treat, Skrill (moneybookers), Neteller, and Webmoney.

Placing Orders
When you purchase a contract you have the optioning of using the stop/loss feature as well. The rest is self-explanatory, you just choose the contract at the appropriate market rate and select buy or sell.

eToro Complaints, Is eToro Scam or Legit?
This is where the plot thickens. We would not be posting this review if we believed eToro is a scam, and the reason why we have received complaints has to do with the fact that it has been around for the longest time and very big in terms of the customer database. To illustrate, if you compare Apple to a new and unknown Chinese Telecom company, you will find the unknown company has much less complaints and that has to do with fact that the Chinese company (regardless if it is good or bad) has little or no clients in the first place. So obviously there are complaints and grievances when it comes to eToro, but our job is to transcend, look beyond the usual scope, and try to identify if there is any real value for traders using eToro. We truly believe (and we are not the only ones), that eToro provides a solid, fair, and trustworthy trading environment and we have reached this assertion after testing it and investing ourselves. Still, we are not recommending it because it is too complicated for our members who want a simpler solution.

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eToro Review Conclusions and Recommendations
If you believe that the eToro Scam is viral and there is some type of conspiracy to defraud you and steal your money then you are totally mistaken. We will NOT be blacklisting eToro today! In fact, we made a conscientious decision to endorse eToro for a variety of reasons. First and foremost it is totally regulated. Secondly, they are always keeping up to date and adding new features to their software. Finally, the overall experience is a positive one. Specifically the trading interface, customer support, trade execution, and clarity of of information. As opposed to other systems we tried out, we do not feel as if we have been cheated out of our money. We do however feel that we have signed up for a premium service provider which truly understands the nature of online trading and how to provide superior education and training material as well. Overall, we not endorsing eToro and advising our members and viewers to check it out because it is too complicated, requires much training, and we are convinced you will lose your money in most cased if you take that road. Don’t forget to check out our YouTube Channel, and Facebook Group

Trusted TRADE.com Review 2020

Table of Contents

Review: Regulation: Assets: Min. Spread: Min. Deposit:
(4.8 / 5) CySEC, FCA 2,100+ Variable from 0.4 pips $100

Having the power to choose what asset to trade on is one of the factors traders seek on a broker. TRADE.com is a multi-asset brokerage that believes that each trader deserves to have choices. CFD is one of the most traded assets in the trading industry by traders. TRADE.com claims to provide some of the most advantageous prices in the CFD trading arena. Is the brand reliable? – Let’s find out together in this review.

TRADE.com Official Website

What is TRADE.com? – Company presented

TRADE.com offers its clients a wide selection of more than 2,100 assets across Forex, Stocks, Indices, Commodities, and ETFs. This brand is operated by Trade Capital Markets (TCM) Ltd and Livemarkets Limited. It was founded in 2020 and has multi-jurisdictional regulation. TRADE.com has more than 100,000 active investors and continues to grow. Also, the brand offers spread betting and is a global broker that gives its best to deliver best investment products and claims to be the type of broker that cares about each and every investor. The brand is a multi asset brokerage where you can select from investing either of the following: CFD, DMA, Thematic Portfolios, IPO or Asset Management.

Facts about Trade.com:

  • Founded in 2020
  • A global trading platform
  • Regulated and authorized
  • Offers over 2,100 assets
  • Offers investment with Forex and CFDs
  • Offers Spread Betting
  • Operates only in Europe
  • A multi asset brokerage offers investment in CFD, DMA, Thematic Portfolios, IPO and Asset Management

(73.84% of private investor accounts lose when trading CFDs)

Is TRADE.com regulated? – Regulation and safety for customers

Regulation is very important for a broker to operate legitimately. The broker must pass certain criteria in order to be authorized and given a license. Before selecting a broker, you should know if the broker is regulated. With this said, it is your way as well to determine if the broker is legit or a scam. TRADE.COM is a brand operated by Trade Capital Markets (TCM) Ltd and Livemarkets Limited. Trade Capital Markets (TCM) Ltd is authorized and regulated in Cyprus by the Cyprus Securities (CySEC) and Exchange Commission with license number 227/14).

It is authorized in South Africa by the Financial Sector Conduct Authority with FSP number 47857. Also, Livemarkets Limited is authorized and regulated in the United Kingdom by the Financial Conduct Authority (FCA). It is regulated and authorized by known regulators and we can say that it is a trusted and legit broker.

Trade.com is regulated by the famous FCA

TRADE.com is regulated by the following:

Financial Security for clients

Security of the traders’ investments is the number one concern of any trader. TRADE.com follows very strict guidelines with regards to its clients’ funds. The company segregates the funds of its clients and is kept in Tier 1 banks ensuring its clients that their system is secure and reputable. Also, the brand offers its clients a Compensation Fund that can give protection to their investments. This means that if TRADE.com defaults, any of the funds of up to €20,000 may be compensated under ICF. Additionally, TRADE.com offers its clients a high standard of account management service to explain all issues pertaining to trading and risks.

Summary of the regulation and financial security:

  • Segregates clients funds and kept in Tier 1 banks
  • Funds are separated from company’s funds
  • offers up to €20,000 compensation fund under ICF
  • All transmitted data in the website and platforms are encrypted

Review of the trading conditions for traders

TRADE.com commits to be a broker that cares to each and every investor. Since TRADE.com is a Multi-Asset Broker, it offers its clients a wide selection of more than 2,100 assets across Forex, Stocks, Indices, Commodities, and ETFs. You can start with a free demo account or by only depositing $100. This broker is a global broker that claims to give its best in delivering the best investment products and being the type of broker that cares about each and every investor. The company has currently more than 100,000 active investors and is continuing to grow.

When choosing to trade with this broker, you can select from investing either CFD, DMA, Thematic Portfolios, IPO, and/or Asset Management.

TRADE.com offers a wide selection of over 2,100 assets across Forex, Stocks, Indices, Commodities and ETFs.

This broker offers trading platforms that can be used in web, desktop, tablet, and mobile. It has two types of powerful platforms namely: TRADE.com WebTrade and TRADE.com MetaTrader 4 (MT4). The platforms are considered popular and are the choice of most traders. It is user-friendly, simple, yet a platform that can compete with any other platforms being offered by other brokers. It is secure and is reliable.

Also, Spread Betting is available with TRADE.com. It is a form of financial trading that is based on derivatives. This type of trading does not allow you to own an actual asset, however, you are trading by speculating the movement of the asset, whether which direction it will move. Every point in the right direction brings a return. TRADE.com Spread Betting possesses good features. It is always switched on and you have 24-hour access, you can trade on both rising and falling markets, exempt from Capital Gains Tax (for the UK), there is no stamp duty payable (for the UK), leveraged trading, and has a wide range of markets.

TRADE.com offers Spread Betting

Facts about the conditions for traders:

  • Free demo account
  • Minimum deposit only $100
  • Over 2,100 trading assets
  • Offers 2 types of trading platform
  • Offers Spread Betting
  • Offers fast and seamless account opening
  • Spreads are variable from 0.4 pips
  • Multi Asset Broker
  • Reliable 24/5 customer support and services

(73.84% of private investor accounts lose when trading CFDs)

Test of the TRADE.com Trading Platforms

TRADE.com offers trading platforms that can be used in web, desktop, tablet, and mobile.

TRADE.com Trading Platform

TRADE.com offers the following platforms:

  • Webtrader Platform (developed by Trade.com)
  • MT4 Platform

TRADE.com Webtrader Platform

TRADE.com has developed their Webtrader Platform into a more advanced tool that gives you access to over 2,100 assets. It is web-based, can be used in mobile phones and has built-in tools. It features the ability to display multiple charts with independent chart functions that allow traders to view and compare assets with fully independent indicators for each chart. You can style and chart settings including color, timing, and price action display. Also, its features include in-platform price alerts with real-time balance and account levels.

With the TRADE.com Webtrader Platform, traders can reach customer support and assistance through live chat and FAQs. You can also contact expert account managers 24 hours a day 5 days a week. This platform has 1-touch account switching which is very convenient. The deposit and withdrawal process is as well as a plus since it’s easy and reliable. It is also secure and you can do verification straight from the platform itself.

TRADE.com Webtrader Platform

TRADE.com MetaTrader 4 (MT4) Platform

MetaTrader 4 is the most popular choice amongst traders and TRADE.com offers this platform. Known for its features, MT4 is considered to be one of the securest and respected platforms. It is considered as traders’ choice. It is simple to download and provides traders access to global market instruments in an instant. You can access MT4 from both desktop and mobile devices. The TRADE.com MT4 Platforms gives you access to multiple products and assets; Forex, CFDs, Commodities, Bonds, Indices, and Stocks.

It has automated trading, embedded tick charts, and alerts on trading positions. You can also contact expert account managers 24 hours a day 5 days a week. It is convenient and user-friendly. This platform features the ability to view over 350 available assets, scrutinize opportunities to trade and observe results that appear in real-time. It also provides innovative customization tools and strategy systems as traders proceed to advanced levels of trading. Also, you can customize tools and has the ability to apply one-click executions.

TRADE.com MT4 Platform

Facts about TRADE.com platforms:

  • Offers Web, Desktop, and Mobile Trading
  • Powerful platforms
  • Simple and user-friendly
  • Has Analytical tools – Technical indicators, charts
  • One-Click trading feature
  • Monitor account in real-time
  • Offers MT4 platform
  • Customizable
  • Has ability to display multiple charts with independent chart functions
  • Can contact expert account managers for help directly

(73.84% of private investor accounts lose when trading CFDs)

Professional Charting and Analysis is possible

Charting and analysis are important key ingredients in trading. The fact that when you know how charting and analysis benefit your trade, it is already an edge to get better results. Charting lets you understand the movements of the markets and helps you determine whether to buy or sell. Always bear in mind that if the volatility is high, there is a potential that a value can be spread out over a larger range of values, as well as the price of the value can intensely change over a short period of time in either direction.

TRADE.com sample multi chart

On the other hand, Technical Analysis helps you in a way that this strategy uses past data (asset price movement and volume). With this, you are able to predict future trends and able to identify trading opportunities and price targets.

TRADE.com offers powerful platforms that feature multi-chart windows that allow traders to view and compare assets with fully independent indicators for each chart. The brand’s trading platforms have powerful integrated tools. Also, trading with this broker allows you to manage risks with the help of the indicators, which allows you to filter and rearrange assets per change of price and Traders Trends.

Review of the Mobile Trading (App) by TRADE.com

TRADE.com also offers mobile trading to its traders making trading convenient and easy. The company has a customer mobile trading platform and a mobile version of the popular MetaTrader 4 platform. It functions the same as the web-based platform and allows traders to access trading instruments, advanced order types, charts, watchlist, and account information.

Also, traders can access Live chat, support, FAQ, 1-touch account switching, deposit, withdraw, and verification straight from the platform. You will be able to access over 2,100 assets, forex pairs, cryptocurrencies, global exchanges and commodities in the palm of your hand whenever and where you go as long as connected to the internet.

The mobile App is available to download for both Android and iOS devices. You can download it for free in GooglePlay and AppStore.

TRADE.com offers mobile trading

Features of App:

  • Search and select instruments
  • Customisable
  • Interactive User Interface
  • Free Demo Account
  • Risk Management Tools
  • Customer Support
  • On-the-go trading insights

How does TRADE.com Trading work? – Step by step tutorial

Know the trend and volatility of the markets so you can determine what steps you need to take. Trading and getting successful trades takes a lot of patience and time. However, the steps in executing trades are simple and easy. First, you have to choose a market you want to trade on. Then, you need to decide whether you buy or sell. After, you should select the trade size you desire. Once you’ve selected the trade size, don’t forget to add a stop loss. Then, you can track, monitor, and close your trade.

Trade.com MetaTrader 4 order mask for trading

Step by step trading tutorial:

  1. Choose a market you want to trade on.
  2. You need to decide whether you buy or sell.
  3. Select the trade size you desire.
  4. Don’t forget to add a stop loss.
  5. Track, monitor, and close the trade.

CFD or Contract For Difference is popular and trending nowadays. It is a contract between two parties invloved, which is known as the “Buyer” and the “Seller”. Basically, when you trade CFDs, you speculate the movement of the prices of a financial market, whether it is rising or falling.

Please bear in mind that Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. About 73.84% of retail investor accounts lose money when trading Spread Bets and CFDs with this provider. You should ask your self if you are aware of the risks and have to consider whether you understand CFDs work. Know if you are willing or if you can afford to take the high risk of losing your money.

Open your free Demo Account with TRADE.com

Demo account helps aspiring traders to practice their trading skills and strategies without using real funds. TRADE.com offers its client a free demo account and it functions similar to a live account. However, the difference between the demo and a live account is that a demo account has free virtual funds given by the company for practice and you can trade markets without using real funds. TRADE.com offers a generous amount of $100,000 virtual funds on their demo account. With this said, it is a tool where you can practice your trading strategies and skills without risking real funds.

We highly recommend getting a demo account first to avoid unintended trading executions that may lead to a high loss of investments. Having good or better trading results take time. We encourage you to download a demo account first and let yourself be comfortable with the platform before starting to trade live.

Create an account with TRADE.com

(73.84% of private investor accounts lose when trading CFDs)

Account types for different account sizes

TRADE.com claims to believe in their core as giving every trader the choice they deserve. This is also true when it comes to choosing an account. The brand offers its clients the ability to choose what type of account to use. It offers five types of accounts namely: Micro, Silver, Gold, Platinum, and Exclusive. These accounts have a different account size and have unique features. The Micro account has the smallest account size which is 100 USD and the Exclusive account has the largest account size with 100,000 USD.

See image below to determine which account suits your trading choice best:

TRADE.com offers the following account types

TRADE.com offers the foolowing accounts:

It is very easy to open an account with TRADE.com. The steps are very simple and takes only about 2 minutes. First, you need to fill out the form and create a password to register. After, you can fund your account and that’s it. You can start already trading.

Easy account opening with TRADE.com

Review of deposit and withdrawal

TRADE.com offers its customers a variety of options for funding their accounts. You can use bank wire or bank to bank transfer, and other payment methods like PayPal, Safetypay, PayPro, Skrill, Sofort, Klarna, etc. In order to minimize transfer fees and conversion costs, TRADE.com recommends using bank transfer in your local currency. This method is known to be fast without fees and efficient.

Also, TRADE.com recommends Skrill which is an online payment method, with low-cost international money transfer. This is one of the most popular financial services online, and a very quick and easy way to transfer funds. In any way, it would be up to you which payment method works for you best. Below is a list of payment options you can choose from.

TRADE.com accepts the following payment methods

Payment methods that can be used:

  • Bank transfer / Bank Wire
  • PayPal
  • Credit Cards (Visa, MasterCard)
  • Skrill
  • Neteller
  • Sofort
  • iDEAL
  • Przelewy24
  • Safetypay
  • Epay.bg
  • EPay AD
  • Trustly
  • giropay
  • Klarna
  • PayPro
  • Currence

TRADE.com support and service

There are various options to reach TRADE.com support. Customer support and services operate 24 hours a day, 5 days a week. The agents of TRADE.com are professional, helpful, and are quick to respond. There is an inquiry form that you can fill up with your concern. All you have to do is to give in your name, email, place a subject of your query and message. Then a representative will get back to you afterward.

Enquiry Form of TRADE.com

You can contact the support or assistance of TRADE.com through phone, email, live chat, and WhatsApp.

The company claims to be a broker that gives its best to deliver the best investment products and services to its clients. With this said, their customer support also commits to give the best customer service they can and treat each and every investor with great value and respect.

TRADE.com Support and Service Contact Details

Also, TRADE.com has an online support center with Frequently Asked Questions (FAQs) that answers basic questions about trading, the company, your account, and any other related questions with trading and this broker.

Facts about the support:

  • Customer service or assistance is 24/5
  • Phone Support
  • Live Chat Support
  • Email Support
  • Multi-language support
  • Has online enquiry form
  • FAQs

Fees and costs for traders

TRADE.com claims to be transparent about their charges and fees to their clients. As it is said, clients shall always know what they will be charged when choosing this broker. The minimum deposit is $100. TRADE.com charges an inactivity fee if no trading activity took place in the account after 90 days or more. The inactivity fee is $25 per month, however, if the account remains inactive for a period exceeding 12 months, an Annual Inactivity Fee of $100 or equivalent per quarter shall apply, minus any monthly inactivity fees already charged.

The conversion fee of 0.3% may apply when your account currency is different than the quoted currency of the underlying asset being traded. Also, TRADE.com charges an overnight charge or swap fee to each position which remains open overnight. Traders trading with TRADE.com will not be charged with any deposit or withdrawal fees because they are currently covered by the company. There is also no charge for any live price data feeds, any account documentation or any other fees.

Fees of Trade.com

Fees of TRADE.com:

  • Minimum deposit is $100
  • Conversion fee of 0.3%
  • No fees involved with Crypto CFD trading (nor are there any commission)
  • Inactivity fee of $25 per month (after 90 days or more of no trading activity)
  • Annual Inactivity Fee of $100 or equivalent (if the account remains inactive for for a period exceeding 12 months)
  • No hidden fees

Accepted countries and forbidden countries

TRADE.com is a global broker and is headquartered in Cyprus and available fo traders in Europe and other parts of the globe. However, it does not specifically accepts traders from Japan, Canada, and the US.

Is TRADE.com legit or a scam? – Conclusion of the review

TRADE.com core is in the belief that each trader deserves to have freedom of choice. As it is a multi brokerage, it offers its clients a wide selection of more than 2,100 assets across Forex, Stocks, Indices, Commodities, and ETFs. The brand gives you the freedom to choose CFD, DMA, Thematic Portfolios, IPO or Asset Management. It is operated by Trade Capital Markets (TCM) Ltd and Livemarkets Limited. Also, TRADE.com offers spread betting and commits to being a global broker that gives its best to deliver the best investment products to its clients, as well as, being the type of broker that cares for each and every investor.

A demo account is offered for free and if you want to go live, the minimum deposit is $100. The company claims to be transparent to their customers, so there are no hidden fees and clients shall always know what they will be charged. TRADE.com offers two types of competitive platforms with advanced indicators and powerful integrated tools. The customer service and support are reliable and operate 24/5.

One of the famous assets of TRADE.com is Contract For Difference (CFD) and claims to provide some of the most advantageous prices in the CFD trading arena. Please be aware that Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. About 73.84% of retail investor accounts lose money when trading Spread Bets and CFDs with this provider. You should ask your self if you are aware of the risks and have to consider whether you understand CFDs work. Know if you are willing or if you can afford to take the high risk of losing your money.

TRADE.com is a global broker that truly cares about its clients and investors. It is reliable, secure, regulated, and proves its performance throughout the years it has been operating. We can say that this broker is worth the trust.

Advantages:

  • Regulated with different licenses
  • Multi-Asset Brokerage
  • Accepts international traders
  • Has interactive user interface
  • User-friendly and powerful platforms
  • Advanced Trading Tools
  • Commits to provide transparent trading experience
  • Wide range of markets
  • More than 2,100 trading assets
  • Professional support and quality services
  • Offers mobile trading
  • Offers free demo account
  • Offers Spread Betting

Cedar Finance Review

Cedare Finance have ceased all operations. Please visit our recommended brokers page.

Let me guess, you recently watched a youtube video about how to easily make money and the video used a website called Cedar Finance (www.cedarfinance.com). The video presenter showed you how easily he turned $100 into $250 within 60 seconds trading the 60 second binary options on CedarFinance. The idea of making a hundred dollars a minute is pretty darn good, unless you are Bill Gates. After seeing the video you wanted to see if it is legit. Can you really easily make money binary trading at Cedar Finance. Legit, scam or what?

*Scroll down for a growing selection of trader comments (50+ and growing), complaints and scam warnings. Since this post was published in October of 2020 we have had dozens upon dozens of traders add their recent experiences. If you have traded at CedarFinance, good or bad, please leave your experience in the notes for others and share this page on facebook.

Is it a Scam? Or is CedarFinance Legit?

Let me be clear. We are not saying that CedarFinance.com is a scam. This page is not claiming that they are a scam or proclaiming that they are legit and honest. We do not know either way as we have not traded binary options there, nor done enough research into the company.

We have seen a flood of youtube videos featuring CedarFinance and how easy it is to make money trading binary options there. Specifically we are talking about the 60 second videos claiming just trade with the other traders and easily make money.

You may have seen it, but it was the youtube video you watched where the trader showed that all you have to do is to bet with the majority of other traders and make money and that it works most of the time.

Lol, I love the first comment on the youtube page from DChappelle27 that says:

its not easy to make money… dont be a fucking retard, use common sense

The ‘super dooper easy way to makey money’ is the scam.

It’s not Cedar Finance that is the scam, they very well may be legit (we do not know, we have not traded there ourselves. It’s the claim made in the youtube videos that all you have to do is trade with the same direction as the other traders, by looking at the current opinion of traders.

60 Second Binary Trading Legit Or Not?

Yes, binary options trading in and of itself is legit and legal. And yes, 60 second binary options do exist and they are growing in popularity. Especially among gamblers and intelligent risk takers who like the fast action that one minute binaries allow.

What is not legit are the youtube videos saying that anyone and everyone can quickly, easily and virtually risk free make a lot of money fast.

That you can stick it to the ‘rich banksters’ just by doing anything a monkey could do.

Look, it is true you can make a lot of money fast trading binary options.

However you can lose a lot of money fast as well and there is plenty of risk. Even with the risk being limited and known up front, which is one of the reasons traders consider binary options safe there is still plenty of risk involved.

You can trade binary options the right way, responsibly. You can also trade binary options the wrong way and that is following the scam claims of the CedarFinance youtube 60 second binary options videos that say all you have to do is make your trade in the same direction as the majority of other traders using something they call the traders choice. This is a representation of what the other traders are doing in this trade now.

Breaking Down How The Cedar Finance Scam Youtube Videos Might Work

We do not know this for certain, however let’s take a minute to think about what may be going on there with these youtube videos appearing for many binary options keyword searches in google.

The likely scenario is that an affiliate created these videos. This affiliate is trying to lure people who are looking for a quick way to make a buck into making a deposit at Cedar Finance. The affiliate could have a ‘revenue share’ affiliate account. The way the revenue share affiliate accounts work at binary options brokers is that the affiliate makes money when the trader (you) lose trades. That’s right, rev share affiliates earn their money by you losing yours! That’s one reason we never do rev share affiliate deals, only 1 time ‘CPA’ or ‘Cost Per Acquisition’ payments, because we want you to win!.

So this affiliate finds an easy way to trick convince people to try binary options trading. The video makes it look really, really easy. And to be honest, it is that easy and you can make that much money fast with binaries. However just by trading with the majority traders choice is a recipe for failure. You can not and will not win huge money doing this.

The affiliate gets you to sign up, knowing full well that you are very likely to blow your account. The affiliate is likely to earn 30-40% of everything you lose.

The reverse is also true. If you win, the affiliate loses.

So, let me ask you, do you think this type of affiliate wants you to win or lose? Are they going to show you a strategy that is likely to work or likely to fail?

Again, that’s why we are CPA affiliates which pay us a 1 time fee for introducing you to the broker. We want you to win!

Example YouTube Videos To Be VERY WARY OF

Lol, I love the first comment on the youtube page from DChappelle27 that says:

its not easy to make money… dont be a fucking retard, use common sense

Oh, and who could make it if they didn’t know this ‘binary options secret’.

So, Where Should I Trade Binary Options

Find a reputable broker that you feel comfortable with.

You can see a growing list of brokers on our home page and read through to each of the reviews. You can see comments, ratings and reviews left by our editorial staff as well as real traders. The comments are un-censored other than spam.

One of our favorite brokers that offers 60 second options is TradeRush. We’ve constantly been on the lookout for traderush complaints and so far so good. Give them a try if you are looking for a legit binary option broker in order to trade 60 second binary options.

If you still decide Cedar Finance is for you then we wish you best of luck in your trades. Read all the comments, ratings reviews below and please add your own experiences.

XTradeChain Review: Scam or Legit Trading Company?

Welcome to my XTradeChain review.

XTradeChain is a revenue sharing program designed to look like a trading platform. There is no proof of any trading in the Forex markets or Crypto Currency but the whole idea is to make a certain percentage of your investment in a daily basis.

I don’t know how you were introduced to this site but I’m sure it was in a way that you were under the impression that you were going to be making money.

You might think you are going to do some trading but that’s not what is really going on here.

Follow along in this review and I will show you exactly what is going on behind the scenes of XTradeChain.

Not many can understand how these sites work, so I hope with the information I will provide you can make wiser decisions.

Let’s get on with the show as I’m sure you are anxious to learn more.

Table of Contents

XTradeChain Review – Product Overview

Name: XTradeChain

Owner: Unknown

Type of Business: Revenue sharing (not trading)

Overall Rating: 1/5 stars

XTradeChain has way too many red flags. There is no trading going on here and this is not a trusted company. Avoid this at all costs and don’t waste your time with this one.

If you are looking to make real money online, you can always checkout my top recommended program but please do not waste your time and money with XTradeChain.

What is XTradeChain?

There aren’t any reviews about this program just yet besides the one on Scamadvisor.com, which doesn’t help much.

They do mention that the domain is only two months old but they also give it a 91% trust factor, which is not something you should base your trust on.

The site is not even a year old and there is no indication of who owns or runs the site.

That alone is not a good sign and all you get from that is the fact that it is completely brand new.

What they do claim is that they are doing some trading and you can invest and get 2.65% paid daily based on the amount you invest.

With trading being such an up and down, 50/50 kind of thing, how can such a percentage be promised?

Well, I have the answer for that too.

The Product/Service (Trading)

The first thing you notice on XTradeChain is the nice looking website but most especially the nice little boxes they created.

Not only does it look legit but it gets you thinking that this is a real deal trading platform.

Crypto Currency and Forex “trading” sites are all over the place, which is not normal.

Forex trading has been around for decades but just now are they being promoted heavily.

I have traded in the past, so I know how complicated things can be, especially with all the scam brokers out there.

However, these make money Forex trading sites like X Trade Chain are completely different.

They give you the impression that they are a trading company when they really aren’t.

Just like FX Trading Corp and Statum Global which I reviewed recently, X Trade Chain uses trading as their service.

Not to say that they are trading but they claim to do it or they will be nothing but a nice little Ponzi scheme.

What XTradeChain Really is

XTradeChain is nothing more than a high yield investment program (HYIP) or what we online people know as a revshare.

Revshares are programs that come with a very specific software that distributes money equally between all of its members, depending on the amount they invest.

So rather than making money from trading like they claim, money is generated through the funds that its members invest.

With the program distributing funds at a decent rate, it gives the company more time to get others to join.

By doing this, everyone can continue to recruit so that payments aren’t delayed.

The Incentives

This is exactly how money keeps rolling in with XTradeChain and every other revenue sharing program out there.

Without this and you can bet that this whole thing will shutdown in a heartbeat.

Then the owners will come up with some excuse as to why they aren’t paying.

“payment processors are giving them a hard time”

“the funds are being held due to some legal matters”

Once you start hearing excuses, it is a sure sign that the company is about to disappear.

But to prevent that from happening, you are offered a nice little incentive.

For every person you bring into X Trade Chain, you will get a certain percentage of what they put in.

It is usually 10%, which means you get $10 for every $100 that your referral puts in.

With programs like this, it is very common that people put in over $1,000 as they understand how this whole operation works.

What to Look Out For

Before you join XTradeChain or any other so called trading program, there are several things that you must know and understand.

There are too many people that join and don’t know what they are getting involved with.

They put money in and then think they can just get their money back like this is some kind of retail store.

Well it’s not and this is the part of this review that you should pay attention to the most.

So before you even make a deposit, let me show you what you need and should know about these programs.

1. It Will Take at Least a Month Before You See Any Profits

You will see all kinds of proof that others are making money with XTradeChain and that’s just how it is.

By doing that, they will get you to see that they in fact are making money.

They are not lying but you do need to know that they are most likely not in profit.

They are hoping that you and many others jump on board so that they can at least get back what they put in.

Just don’t expect to get your initial investment in 2 weeks as it will take at least one month before you get that back.

2. Big Investments Are Necessary

Those that have been doing this stuff for a while know exactly what to do and usually know when a new revshare is about to launch.

They get in early and put in a lot of money.

Not only are they going to make more money but they are going to do it faster than those that put in the bare minimum.

When dealing with sites like this, you will not make anything if you plan on going with little money.

Those that get in early are the ones that will win, while those that get in later will do nothing but pay the early birds.

Once things start to slow down, they will take what they’ve made and move on to the next best thing.

This also leads to my next point.

3. There Are No Refunds

Too often do you see people join a revshare and then try to get their money back.

That’s not how it works.

Once you put your money in, there is no turning back.

Being that most newer members are told that you need to invest a good amount, they will take their grocery money and use it to invest.

Then they realize that they will not see any profits until at least a month and then try to ask for a refund.

Not gonna happen.

So to save you from making that same mistake, understand that there are no refunds.

4. There Are No Guarantees

On top of not being able to get your money back, there is also a chance that you will not even make any money.

And on top of that, there is also a chance that you might not even get back what you put in.

Judging by the statistics on XTradeChain, it doesn’t look like this is going to be your best bet when it comes to revshares.

Not because it’s low but because it does not tell the truth.

I can promise you that there isn’t 55,000 + members and there is also not 25+ trading professionals.

I can get past disguising revshares with something like trading but adding more lies is not going to fly.

Not to mention the wrong spelling for the word statistics (statics).

5. This Will Not Last

Not a single revhsare will last.

I don’t care if there are actual owners trying to keep them around forever, the truth is that none will ever withstand the test of time.

Well, there’s just no way that you can keep having new members join.

It’s that simple and that is why they will not last.

Don’t listen to anyone who tells you otherwise because they either don’t know what they are talking about or they are just trying to get you to join so that they can make money.

Should You Join XTradeChain?

As much as I try to pick out the good in any company, XTradeChain has nothing good to show for.

They have no reputation and there are just too many red flags.

For one, you can see all the poor grammar sprinkled on their site.

That doesn’t make sense but it doesn’t beat the actual members they mention.

Oliver Jones and James Arron are the founders?

The company is based out of Dubai but that’s who owns it?

that makes no sense and more reason for you to avoid this one.

There are hundreds of revenue sharing programs out there and I can promise you that this is not your best option.

I did revshares back in the day and they aren’t like they used to be.

Everything is disguised as a trading platform and there is no trading happening.

Before they used advertising as its product, which was at least honest in that department.

These days, revshares have gone down the hill and everything is complete garbage.

Like I said earlier, they will not last and that’s just the reality of things.

My Recommendation

Forget about trying to roll the dice when it comes to making money online.

I’ve done it in the past and although it can make you money, revshares will not be your ticket to financial freedom.

If you want to make real money online, it is going to require some work, determination, and most especially the right program.

I personally recommend the affiliate marketing business model as that is a real way to make money online.

Besides that, I don’t recommend you join XTradeChain.

It looks too shady and I doubt there is anyone making a decent income.

I hope this XTradeChain review has helped you understand what is really going on here and I most especially hope that you can make a wiser decision.

Making money online is great but it isn’t going to happen with this one.

Until next time, great job in doing your research and remember to always be scam smart.

About John

I hope you enjoyed that post. I’m John and I am the owner of this site. I like to think I’m a normal dude just like everyone else but that wouldn’t make me unique. I do have 4 kids and I have gone through the hardest of times, most especially financially. With some learning and growing, I have managed to get back on my feet and live the laptop lifestyle most people only dream of. With that knowledge, I hope to align you with a real and legit way to make money online.

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