TradeFinancial.com.au Review

1 • 4 REVIEWS

Out of business

Updated: Apr 13, 2022

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TradeFinancial is a forex broker. Trade Financial offers the Web-based trading currency platforms. TradeFinancial.com.au offers currency pairs, cryptocurrencies, commodities, cfds, indices, stocks, gold and silver for your personal investment and trading options.

Forex Brokers Crypto Crypto Broker CFD - Contract for Difference

2018-02-13 ASIC has obtained an interim injunctions and warns investors against AGM Markets, OT Markets and Ozifin (Trade Financial). CLICK HERE to verify.

Notice on the website:
We wish to inform you that we have ceased our activities as a representative of AGM Markets Pty Ltd (ACN 158 706 766), and no longer accept new trades or offer any financial services.

Any arrangement between us and you as a client or user of our website www.tradefinancial.com.au is therefore terminated, effective immediately.

Accordingly, we do not accept any new registrations and deposits. On April 30th 2018 all open trades will be closed out, and thereafter all accounts shall be permanently suspended for all activities, with the exception of withdrawal of funds.

If you currently have any open trades, you are kindly requested to close it out prior to April 30th 2018.

If you have any remaining funds in your account – All client funds are held by AGM in protected bank accounts, as per applicable regulation. We are operating vis-à-vis AGM to assist in the withdrawal process for all our clients. For any question relating to remaining funds and outstanding withdrawals, please contact AGM directly at support@agmmarkets.com.au.

⭐ Recent User Reviews

Out of business

1 • 4 REVIEWS

Recent User Reviews of TradeFinancial.com.au

ADAM10

Australia,

May 11, 2018,

Registered user

It is a pure scam run by a bunch of criminals quickly file a dispute with your banks and cards issuers file a complaint with ASIC and with FOS these overseas criminals are hiding behind AGM markets which can be persecuted her in Australia

Stephen

Melbourne, Australia,

Apr 26, 2018,

Guest

Loss of over $8000 in a few days time despite advice by Trade Financial's Senior Financial Advisor Damian. Unable to withdraw money.

I deposited $15,500 through Damian Teach of Trade Financial in February 2018 and within a few days I lost over $12,000 in four forex trades. This occurred in spite of the fact that he advised me what to trade together with stop loss and take profit positions provided because I have no experience in forex trades. One trade took a loss of over $8000 as a result of Margin Call even though my equity after the loss still stood higher than the level that incurred the margin call. For over a month now I have been unable to withdraw money from my account. They repeately sent me withdrawal forms for the same amount or for different amounts, but no deposit to my bank was made. Lately they even ignored the profit that I made in the last or fifth trade. I suspect it is a scam.

varmient

Melbourne, Australia,

Jan 18, 2018,

Registered user

Withdrawal Technical issue.

I started with Tradefinancial Dec last year with a $500 deposit and all seemed good for a while my account manager Adam was very helpful ringing me every couple of days. Two days ago I requested a withdrawal and now I'm not getting any response from Adam and all of a sudden there is a technical problem with my account which has been going on for 2 days and a bit. I hope I haven't done my money . Will keep you posted.

Anonymous

Australia,

Jan 3, 2018,

Guest

Rookie error or broker scam

I deposited $20,000 into a trade financial account and with the assistance of Ian Pappas I managed to lose all of this amount in less than 1 week (losing $10000 in just two trades in the first 24 hours hours). I was contacted by someone named Alex who said he hates seeing clients lose money, in order to recover this loss I would need to invest another $20,000 and he assured me that I could make $40000 in one month. Suffice to say my story sounds like that of other reviews I have seen of this company and this particular broker. Proceed with caution.

B@@fpaBatsman

Melbourne, Australia,

Dec 8, 2017,

Registered user

I recently signed up with Trade Financial.com.au.Deposited $500,was contacted 2 days later and it was suggested that I invest $10.000.I invested $2000 making $2500.I was then given $1000 bonus which I could keep after I had got up trading points.I was contacted by Ian Pappas who was going to advise me on how to trade.Ian contacted me and we made 19 trades on forex.Low and behold 19 trades 6 wins for a loss of $2700.When I questioned him he was very sorry and couldn't explain how this could happen and he was going to a meeting to look into it.The next day he rang and said he was very sorry about what happened and some one would ring me and help me to sort it out,but as I only had $800 it would be hard to work out.Well nobody has rung me back yet,and after finding your site I doubt that they will..Any help would be appreciated.Trade Financial operates out of Cypress.