TradeOgre Review – Withdrawal Issues As The Main Problem
In the first place, the company has quite a strange website. There’s no relevant information about the ownership, headquarters, or any principles. They don’t even have transparent legal documents.
What’s most surprising is that the TradeOgre exchange has been active since 2018. Yet, they didn’t build up the credibility they wanted. To find out why, read this TradeOgre review carefully.
|Regulated by:||No regulations|
|Is This Company Safe?||No|
|Have Warnings from:||N/A|
|Deposit Bonus:||Not available|
|Free Demo Account:||No|
|How to Withdraw from This Company?||After reviewing numerous negative reviews you can’t expect smooth withdrawals. So, if the company is holding your funds get in touch with our refund team for assistance.|
Legal info: Is TradeOgre legit or a scam?
Important to realize is that the tradeogre.com website doesn’t reveal any relevant legal documents. Therefore, it becomes a nightmare to find out anything about this firm.
But if they are hiding such things, they can’t be trusted anyway. Especially since the company doesn’t have any trusted DASP/VASP licenses. And they should have it considering the countries where they operate. In general, one license from trusted institutions like FCA, BaFin, or ASIC would make a huge difference.
Who are TradeOgre Victims?
Research shows that this firm has spread its tentacles all over the world, from North America to Europe. But most of their victims come from:
- United States
Tell us about your experience with this exchange. If you were their victim as well, our refund specialists are available for consultation.
One of the best ways to check if the firm is legit is by checking reviews. Even though those can be fake as well, it’s still a sign. But very rarely you will see 60% of fake negative reviews. Like in the case of TradeOgre complaints on Trustpilot.
Considering a total number of 48 comments, that’s quite a big number of unsatisfied clients. But if you want to share your opinion as well, don’t hesitate to contact us.
Leverage, Commissions, Spreads, Fees and Taxes
In fact, the company has straightforward fees. But it’s hardly believable that’s the only way they make profits. The trading fees are fixed at 0.2%, which is considerably low. However, some even more reliable exchanges have far better conditions.
As for withdrawal fees, these are transparent as well. Yet, traders were reporting additional fees the company requires clients to pay. After all, that’s why we always suggest investors work with regulated firms. Like in the case of the Komslex review.
Generally speaking, bonuses are not part of the TradeOgre offer. Yet, some firms may be using it as an advantage over traders. Primarily because of shady policies you should be aware of. Above all, nobody is giving anything for free nowadays.
TradeOgre Trading Features
Unfortunately, the company doesn’t have a transparent exchange platform. No information about the TradeOgre app is available. However, they briefly mention API documentation, which could be useful. Surprisingly, the company doesn’t have a registration option on the website.
Trading Platforms Available
Important to realize is that Trade Ogre doesn’t have a desktop app. Instead, you are using a web-based platform for their features. In addition, there are also API features to improve trading results.
Available Trading Assets
Tradeable assets with the company are presented through three different markets. Those are BTC, LTC, and USDT. Some of the most popular choices are:
- NEOX-LTC and many more
Generally, crypto exchanges offer better fees for traders with higher trading volumes. Yet, this crypto exchange didn’t think about these or any similar benefits to its customers. Therefore, everyone gets the same trading and withdrawal fees.
Mobile Trading App
Another key fact is that the company doesn’t offer iOS and Android apps. It is a huge downside for any crypto exchange, especially non-licensed ones. The main benefits of mobile trading can be found in our XpertMarkets review.
More disadvantages traders can see with a lack of demo accounts. Realizing that even the registration procedure is mysterious, this is not a surprise. In any case, it would be a suitable feature for beginners to test the company’s features.
In addition to all of the previous flaws, here comes another one. Trade Ogre investment firm doesn’t offer any educational packages. Considering the high volatility and mysterious crypto world, you should understand it first before investing. Sadly, for that, you will have to look elsewhere.
TradeOgre withdrawals can be done only via crypto. Therefore, you have a publicly available list of all fees with the company.
However, the processing time is not revealed. Yet, many reviews point out discrepancies during withdrawal procedures. Starting with verification problems and additional non-transparent fees and taxes.
If you are looking for TradeOgre support options, prepare your nerves. The company support page leads to its Twitter account instead of more reliable options. Not to mention, they are not revealing operating hours. So, it may take a while before they respond to your request.
Instead, you should opt for licensed exchanges and better contact options, such as live chats, phone, or e-mail.
Key Information To Consider About TradeOgre
Everywhere you look at this investment firm, you can find irregularity. But firstly, there is a lack of ownership and contact details. In addition to that, there’s a lack of adequate licenses. All in all, the company is not reliable compared to some other exchanges.
In any case, investors should know how to protect their money from swindlers. But also what to do if they get scammed. Luckily, our refund specialists can offer you a free first consultation and help you find a pathway to fund recovery. If you have withdrawal problems with this or any other firm, don’t hesitate to contact us.
Where is TradeOgre based?
To see if is TradeOgre legit, you can just check their address details. In fact, there are none.
Is TradeOgre a Centralized Exchange?
Yes. The company is centralized and established in 2018. Yet, they have quite low trust and security ratings.
What is TradeOgre?
TradeOgre is an anonymous and apparently scam crypto exchange. If you are one of their victims, our refund team is available to guide you through the refund process.