Warning: Is Trade Room 24 a Scam?

Investigation: Trade Room 24 (traderoom24.com)

Trade Room 24 (traderoom24.com) has been flagged as a potential fraud operation.

Trade Room 24 appears to be a financial firm, but it appears unlicensed by any major authority, such as the FCA or SEC.

Scammed by Trade Room 24?

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Regulatory Check: Trade Room 24

Our check shows that Trade Room 24 is missing a valid license.

Investing with unregulated brokers is highly unsafe. Legitimate firms are always registered with agencies like the SEC, ASIC, or FCA for your protection.

Trade Room 24 operates without this protection. This means there is no legal recourse if they steal your funds. Most investment fraud use unregulated entities, and recovering funds from them is hard without professional help.

For example, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not part of regulatory bodies, meaning your capital is at risk.

How They Steal Money

Investment fraud is evolving. Criminals use social engineering to steal wealth. Below are common tactics seen in sites similar to Trade Room 24 (traderoom24.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a common tactic where scammers groom victims over months. They build a friendship on social media. Eventually, they mention a "lucrative" investment. It's a trap to lure you onto a scam site .

Rigged Platforms

Scammers create websites that mimic real trading apps. You see graphs and profits that increase. But it is a simulation. The broker controls the prices to convince you so you invest more. If you ask for a payout, the "profits" are gone.

Red Flags

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The company has no authorization.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
• Aggressive Sales: Agents pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers frequently post their own positive reviews to look legitimate.

Final Thoughts

We advise against Trade Room 24. It appears to be a fraud. Protect your money and find a regulated broker. Avoid traderoom24.com at all costs.