TraderXP

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1 stars
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Category: Miscellaneous

Contact Information
Cyprus

traderxp.com

TraderXP Reviews

edvain January 28, 2010
Withdrawal money
Traderxp doen't allows to withdraw money for the same credit card from which the money were deposited. That is what they are saing "Withdrawal amount can't be higher than the amount deposited with the selected card".
It mens that they don't allow to withdraw your profit, only the money you deposited in the past it order to trade.
Sugest you all not to use this platform!
AnsariP January 25, 2010
Good platform
Very good platform to make money, specially for beginners and amateurs. I think a person who really wants to earn money and have no knowledge of the market should try www.traderxp.com to invest with minimum of $100 and get a good experience free of cost without brokers and earn 70% profits.
They have a great service to assist their clients on every step to trade in this huge market and be a part of it.
BDFX January 24, 2010
Good in soliciting the money bad in returning the money
TraderXP is very good in asking for your money. But when you want to withdraw they delay and try to stall the payment. I have proof to show that my withdrawal took more than one month (but deposit takes a few hours by credit card). Although their website says: "Please allow up to 5 business days for all withdrawal requests. After a withdrawal has been processed, please allow 2-4 business days for the funds to appear in your account". They would tell you that you could trade with the bonus they give, but please be aware that if you loose (and loose you shall in the long run since with their scheme of 70% pay out but 90% loss, statistically it can be shown that no one can make a profit in the very long run), then the loss is taken from your investment (and NOT from the bonus that they give you when you want to withdraw your money) unless you trade atleast 4 times of your investment. The odds are very heavily against the traders. They have a few people who will advise to take certain position(s). Their performance is as good as flipping a coin. Send me a note for a proof or ask them directly for a record of their performance.
I saw a note in complaintsboard.com from Owen Brooks who works in TraderXP. I hope all the above information shall be helpful for the fellow traders/investors.

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