Thinking of getting into business with TrampaFx? Here is what you must know about this broker. Carefully read this review to find out if  trampafx.com is the trading platform you will want to trade with.

About TrampaFx Broker

TrampaFx is an offshore brokerage company with a lot of promises for traders. The address of the broker is missing on its webpage. To begin with, this is a red flag that reminds us of similar fraudulent scheme of scam brokers.

Do You Know You Could Get Back Your Money If You Have Been Scammed?   Great News! Click HERE to Get Started

Address

The broker claims to operate under the law of Saint Vincent and the Grenadines.

To clarify, regardless of the trading instruments TrampaFx claims to offer, traders must know they are dealing with an unknown broker which does not have a regulation over its head.

trampafx.com: Reasons to Avoid This Broker

Firstly, trampafx.com is a platform with no financial authority overseeing its financial services. We believe this broker is not worth your money because Financial Services Authority SVG does not monitor or regulate brokers. Here is an alert from FSA Saint Vincent and Grenadines on any broker claiming its regulation.

Warning

Secondly, we noticed trampafx.com has no demo account for traders. Since traders can’t test the broker on a free account, we can’t know its viability in the forex market.

More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.

These are cons for forex traders to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.

Withdrawal and Deposit

Withdrawal process

Under withdrawal policy, TrampaFx leaves us with no specific information on processing days nor additional fee on withdrawal. Truly, this broker is a scam and its fraudulent schemes are clear.

Minimum Deposit

TrampaFx minimum deposit is not available as there is no different account types provided.

As for the payment methods, the broker provides various methods Credit/ Debit cards, Bank Wire, Neteller and more. Truly, you should not consider making any payment with this broker because it is a risk. So beware!

Payment Options

TrampaFx Platform

TrampaFx offers web based trading platform and not MT4 or MT5 (Industry standard trading platforms) which gives us more reason not to take this broker serious.

As for the leverage, we discover the broker mentions 1:100. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

TrampaFx Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.

Instead, Trade with TOP RATED BROKERS



Accounts

Free Trial

Projects

SSL

S

Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:500

TOP CHOICE BY TRADERS

Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:300

BEGINNER FRIENDLY

Licensed in Australia(ASIC) and Cyprus(Cysec)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage
1:500

WordPress Pricing Table Plugin

Conclusion: Is trampafx.com a Reliable Broker?

No, trampafx.com does not seem like a reliable broker for traders even though it promises offers that look good to be true.

Most importantly, the broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.

Because we have taken it as a duty to find out scam forex brokers and also share reasons, we will not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

0 0 votes
Article Rating

By Dan

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
error: Content is protected !!