Allegedly based in an offshore nation, this firm fails to provide even the slightest insight into their legal background. The scheme has managed to swindle thousands of investors since its creation, prompting authorities to place them on the black list.
To find out more about forex trading scams and how you may recover your money from one, see the remainder of our Trubluefx review.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | No, never invest with unlicensed firms! |
| Known Websites: | trubluefx.com |
| Have Warnings from: | CBR |
| Registered in: | Saint Lucia (alleged) |
| Operating since: | 2022 |
| Trading Platforms: | MT5 |
| Maximum Leverage: | N/A |
| Minimum Deposit: | N/A |
| Deposit Bonus: | N/A |
| Trading Assets: | Forex, Cryptocurrencies, Commodities, Indices |
| Free Demo Account: | No |
| How to Withdraw from This Company? | This broker is denying withdrawals to their clients. Contact our legal experts to start a recovery process. |
Legal Info: Is Trubluefx Legit Or A Scam?
To sum it up, Trubluefx is an absolute scam. In the first place, this offshore broker doesn’t have any regulations. Especially not the ones with Tier 1 ranking, for example FCA, BaFin or ASIC.
Without regulations, the broker can’t guarantee any funds protection measures, such as negative balance protection, segregated bank accounts for deposits or anything else. Therefore, we suggest you avoid these suspicious brokers and go with licensed ones.
Fraudulent Scheme Debunked By Regulators
There are several reasons as to why the hoax broker websites like trubluefx.com last for only a couple of years. The main one is that no matter how well they hide their operation from the authorities, they will always be found out eventually.
The first regulatory agency to issue an active warning about this firm was published by CBR. The reason for this decision cannot be more straightforward – signs of illegal market participation.
This should be a wake-up call for anyone who’s invested with the Trubluefx broker – start a recovery process before these cybercriminals disappear! Contact our legal experts via the live chat, and book your free consultation today.
Who Are Trubluefx’s Clients?
Since 2022 when the company started, they didn’t hesitate to target highly regulated countries. But it’s just a matter of time before they will be exposed. Primarily because they are scamming traders from:
- United States
- Slovenia
- Canada
- United Kingdom
- France
In any case, you can be the first to share your experience with us here. But if you want to skip the small talk, contact us directly for chargeback assistance.
Traders Experience
One of the key warning signs is the Trubluefx Trustpilot reviews. It’s disappointing to see already 60% of negative comments out of 10 in total. That shows you the direction of the company’s activities.
In general, there’s not a single reason so far to trust trubluefx.com broker. We already found too many signs that Trubluefx is not legit. If you have more proofs, let us know. But also, if you have any withdrawal problems, keep in mind that you can get a free consultation.
Forum Posts Warn About the Scam
The web is riddled with customer complaints about this company. As expected, the main issue is with the Trubluefx withdrawal. The con artists are inventing one excuse after another to deny their clients payouts.
Some of the folks on Trubluefx reddit board are talking about profits ranging in hundreds of thousands of dollars. Don’t be fooled by this – all of the trading with the firm, including the profits, is completely fictitious. The fraudsters are merely using the huge numbers to launch another, percentage based advance fee scam.
Investment Costs With Trubluefx
Another sign of the Trubluefx scam is their unknown trading conditions. Literally, the company doesn’t reveal any, starting with leverage, spreads, fees or commissions. Without trusted regulation, they can make up anything they want.
Bonuses
Keep in mind that offshore scam brokers often offer bonus funds. These are generally tricky because there is always a clause preventing you to get a withdrawal. To be honest, this broker doesn’t mention it transparently, but it could be a part of their arsenal.
Trubluefx Trading Features
One of the main features offered by the broker is MetaTrader 5 software and PAMM Accounts. This way they can pitch anyone to trust their money to “experts”. However, in the end, it all looks like a Ponzi scheme with a fake PAMM manager.
Is Trubluefx Legit?
Definitely not. There’s not a single reason for anyone to believe this broker. Firstly, they are registered offshore without any licenses. On top of that, their offer is completely anonymous and non-reliable.
Not to mention too many negative reviews already. But if you read our PayBito review you might understand the difference between brokers.
Available Trading Assets
As for the tradeable assets, the company claims to have 4 categories. But they don’t offer stocks, one of the most easily understandable instruments. Instead, you can choose from:
- Forex – USD/GBP, AUD/HKD, EUR/SGD
- Commodities – gold, natural gas, palladium
- Indices – DAX30, CAC40, S&P500
- Cryptos – BTC, LTC, ETH
Account Types
Except for the PAMM account the company doesn’t have any other classification. Even though there are live and partner accounts, detailed differences are not revealed. Also, the company lacks an Islamic account as well.
Mobile Trading App
Indeed, MT5 mobile apps are available with this broker. Yet, you shouldn’t let that trick you in any way. Because very often happens that scam brokers use trusted software in a way they build their credibility. Another great example can be found in our FameEX review.
Demo Account
Another missing feature with this broker is a demo account. Even though it’s a standard package for MT5 users, they don’t offer it. Whether because of shady trading conditions or something else.
Education
Of course, an educational program with this broker is not necessary. Otherwise, you wouldn’t have a reason to use their fake PAMM account. But don’t get tricked by educational packages. Simply because those are just fictive offers to get your attention. Check our Erema Invest review to learn more about it.
Trubluefx Withdrawal
Since the company doesn’t have a transparent withdrawal policy, you can expect anything, but most likely problems.
On top of all, from funding options, the company accepts only wire and crypto transfers. Both irreversible. After all, none of the withdrawal conditions are known, starting with processing time or fees.
Customer Support
Another important scam sign is the company’s contact options. In fact, there’s only one e-mail available and address in Belgrade (Serbia). Without additional contact options, you can only expect troubles with this broker.
Key Information To Consider About Trubluefx?
In the first place, the company is registered offshore and operates without any regulations. After all, their trading conditions are unknown and there are many indications that this is just another Ponzi scheme. Generally speaking, there’s nothing positive about this broker.
Yet, some traders already fell in their trap. Hopefully, after this Trubluefx review, you won’t be the one. But if you already did, contact our refund team for assistance. With their shady crypto funding methods, our CipherTrace technology can be a perfect fit for you. Get in touch now to find out more.
FAQ Section
What Is Trubluefx?
Trubluefx broker is an anonymous offshore entity operating since 2022 and offering FX and CFD trading services.
Is Trubluefx Regulated?
No. The company doesn’t have neither domestic nor any other Tier 1 ranked regulations.
What Are The Trubluefx’s Platforms?
According to the company, there is Meta Trader 5 available. But without a demo account that’s questionable.
What is Trubluefx’s withdrawal policy?
The company doesn’t have any. For that reason, withdrawal issues are highly possible. If that happens, contact our refund team immediately for assistance.
