The international brokerage company promises to provide clients with a “transparent and accurate trading experience” by partnering with major exchanges. Note that this organization is authorized by the Mwali ISA, located in the Union of Comoros. However, we did not find information such as the office address, history, and names of the firm’s founders.
Is this Forex/CFD trading platform really safe and profitable as its owners promise? In our Tradoverse review, we will analyze this broker’s activities to draw a conclusion about its reliability.
How to Trade
Clients have access to the proprietary terminal, where they can trade assets from Nasdaq, CME, NYSE, and Binance. The broker provides the following platform functionality:
- Stocks, Forex, Cryptocurrencies, and ETF trading.
- More than 1600 liquid assets.
- Leverage up to 1:20.
- Minimum deposit of $50.
The company does not charge commissions or any hidden fees. You can make payments via bank account and cryptocurrency.
The site has a 3-language interface and online chat for quick communication. You can join the firm’s social media accounts on Discord and Instagram.
Tradoverse Vital Info
The organization does not indicate the start date of the project on its official website. Moreover, there are no copies of the registration documents. Meanwhile, the license was issued in February 2024, but the domain was created back in 2022. So when did the platform start functioning? Most likely, it has been operating since February 2024, and it is from this date that the first records appeared in the web archive of the site’s domain name.
Are the activities of this broker regulated? Yes, we found out that the legal entity Tradoverse LTD has indeed received a license under number BFX2024020 from MISA. In addition, Z8 Research Limited, which acts as a payment agent for this intermediary, is indeed registered at the address in Cyprus indicated on the website. However, one should not rush to conclusions about the reliability of the brokerage firm, as the offshore license does not give guarantees to the users of the service if they are not residents of Comoros Islands.
Tradoverse is definitely not suitable for the investor. The broker offers practically nothing for passive income. There are no PAMM accounts, social trading platforms or any investment portfolios… Yes, you can copy trades through signals, but I can also do it with other brokers that offer more opportunities and more favorable conditions. I don't see the point in worrying about depositing and withdrawing in bitcoins when you can easily deposit and withdraw in dollars and euros very quickly. Tradoverse definitely didn't work for me.
I managed to break my record of earning in the financial market, I could not achieve such results before. Now I will share my experience. I stumbled upon Tradoverse through an advertisement on Instagram, went in, immediately registered and made a deposit of 50 dollars. If anything, I'll note my knowledge is at a good level, I have experience. I didn't resort to training, just skimmed through it and realized that this information would not be new to me, but it is very useful for beginners. I got acquainted with the application of Tradoverse platform, everything started well on mac, nothing froze, execution of orders here is market - excellent, the minimum amount to open a deal is 0.01$, so even with the minimum amount you can earn, there are enough assets, there is a room to turn around. I will continue to work with this company.
I am considering this broker for cooperation and trading on financial markets. I looked at the terms and conditions - everything seems fine, but it is not clear to me on what basis Tradoverse provides services to Estonian traders and whether they have a European license. Maybe I'll register and then we'll see.
I don't know if it's just me, but Tradoverse consultants don't want to solve this problem. I decided to withdraw my $583 as my trading is going very sluggish - no profit or loss. I withdraw money to my crypto wallet and I don't see any money on it, tech support operators write that my request is processed, but there is no money.
My personal account is blocked! The support service does not respond in any way, I have already written a million requests, but all to no avail. I can't imagine what will happen next. I don't exclude that the scammers from TRADOVERSE will not return a cent of my 672 dollars....
Although the trading conditions at tradoverse are pretty good at first glance, and I'm talking about the minimum deposit of $50, no commissions and a large variety of instruments - all this is a lure for traders because as a result you have to trade on an unknown platform developed by tradoverse which can be unstable and I, as a trader, faced many problems when closing orders, which prevented me from trading to the maximum. I am not yet talking about hidden fees that make you lose money instead of making money. The brokerage firm promises tight spreads, but in reality everything is much worse than they write on the website. There are plenty of facts of fraud on tradoverse.com, I realized from personal experience that this is another scam project. I invested in this platform more than 730 XRP, and got nothing, I lost everything in a month, all my money went into the pocket of scammers, because it is almost impossible to earn here. By the way, there seems to be no support service here, I never got any response to the problem reports.
This firm is not a reliable partner for working in the financial market, and several factors indicate this. First, TRADOVERSE write that they are managed by some offshore company and they have no license other than MISA, which you can easily buy and have no responsibility to their clients. They refer to major exchanges but provide no reports or other documents to prove it. Also TRADOVERSE is not reliable and they did not return my invested money, 127 euros, by disabling withdrawals and blocking my account. Bottom line, there is no serious license, the terms and conditions here are written only superficially so that the trader is surprised to start trading. I am fully convinced that TRADOVERSE is a fraudulent organization that deceives traders by offering “quality” trading conditions and then helps to drain your deposit to zero.
Hi, I'm stuck here. The third week is coming to an end and Tradoverse doesn't want to release my money. It is impossible to contact them. They said I have to wait two weeks for my 1,628 USDT to arrive in my cryptocurrency wallet. But it's been the third week and nothing. And I have loans... I don't even know what to do or how to be.... They just abandoned me.
Dear long-suffering traders, try to withdraw all your money at once and the entire beautiful house of cards of these scammers will collapse, just like my illusions collapsed.
I am not thrilled with trading on tradoverse.com. To be honest, I was afraid to invest here, and as it turned out, was right. Now I think I need to listen to my intuition. Everything is so inconsistent here. I was told that it is better to start with at least 400 euros, well, actually, I lost them. I traded for a short time on tradoverse.com, the platform is constantly lagging, everything is done to make the trader lose money.
I hope to save at least one person. Don't fall for their entreaties. It's like they're hypnotizing you and stealing from you. Scammers and cheats.
I couldn't get my deposit back and 317 dollars made on top. It is impossible to withdraw money from this horrible company! As soon as you apply for a withdrawal with TRADOVERSE, you are immediately asked to provide a bunch of paperwork. Let's say more, you won't be able to provide them with everything you need as it's impossible. That's what they're counting on. This is their scheme.
I deposited 230 dollars, earned nothing for a month, but I can not withdraw my money, tech support does not answer :( how can there be such freaks in the world?!??
I tried cryptocurrency trading because there were advantages here over other forex companies, also I was interested in the clean reputation of this intermediary. In the process of trading everything was good, payouts are fast, even if something happened, consultants were always ready to help.
Don't be fooled, this is a SCAM! Recently, at night, this platform closed 5 trades on its own, without my knowledge. The reason is a stop out, although I did not set such a level and it could not happen, but I can not prove anything to the broker. Do not contact TRADOVERSE!!!