Trade62.com: Review of a Scam Broker

[ArtemMit]

The world of online trading is attractive to investors, but unfortunately, it is also a breeding ground for scams. One such suspicious project is Trade62.com. Despite a professional-looking website and bold promises, a closer look reveals that this broker cannot be trusted.

Lack of License and Regulation

Trade62.com is not licensed by any reputable financial authority. The website provides no links to oversight organizations, no legal company name, and no information about where or by whom it is registered. This means the broker operates in a "grey zone" — without oversight, without accountability to clients, and with no way to protect investors in case of disputes. These conditions are ideal for fraudulent activity.

Fake Reviews and Dubious Promises

Trade62 builds its reputation on empty promises and manipulation. On the website and in ads, the broker claims high returns and "guaranteed profits," which is immediately suspicious — there are no guarantees in financial markets. Meanwhile, online you can find many overly positive reviews that follow a generic script and lack specifics. This is a common tactic used by shady companies trying to create an illusion of trust and success. However, real users share very different stories — of losses, deception, and an inability to recover their funds.

Withdrawal Issues

One of the most alarming aspects is the inability to withdraw funds. Many users report that after depositing money, their accounts are blocked or they face artificial obstacles.

Common complaints include:

• Withdrawal requests are ignored for weeks.
• The broker demands re-verification even after documents have already been approved.
• Support stops responding after the first withdrawal attempt.
• Some clients claim their accounts were deleted after trying to withdraw funds.

These are typical signs of an exit scam — when a company collects as much money as possible before disappearing.

Anonymous Operation and Lack of Transparency

Trade62.com provides no information about its owners or management. This is another major red flag:

• No one knows who is behind the project.
• No legal address is provided.
• Contact options are limited to a web form only.
• There isn't even an "About Us" page — highly unusual for any legitimate broker.

Such a level of anonymity typically indicates that the creators have no intention of staying in business long-term and are prepared to vanish at any time.

Conclusion: Avoid Trade62.com

Trade62.com is a textbook example of an unreliable and potentially fraudulent broker. The lack of regulation, inability to withdraw funds, fake reputation, and complete anonymity make this broker extremely dangerous for investors.

If you're looking for a safe Forex trading environment — steer clear of Trade62.com.

If you've fallen victim to a scam, contact us at: [email protected]