Not all brokerage companies are as good and reliable as they claim to be on their official websites. In today’s review, we will examine an offshore firm called TradeEU Global, which promises zero commissions and the security of client deposits, as it is supposedly a regulated broker. Let’s try to identify signs of a scam.
Brief Overview
- 🖥Official Website: https://www.tradeeuglobal.net
- ✈️Contact Address: Suite 4B, 4th Floor, Ebene Mews, 57 Cybercity, Ebene 72201, Mauritius.
- 📞Customer Support: support@tradeeuglobal.net, +447462373041
- 🔐Licensing and Accreditation: MFSC
- ⏳Track Record: 2021
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $250, 1:200
- 💰Additional Services: education, market news
Tradeeuglobal.net Examination
As per tradition, let’s start with the official website. The homepage of TradeEU Global is simple — a white background, gold and green elements, stock images of smiling people, and charts. Top-tier brokers include photos of their actual employees or partners. For example, the homepage of Oanda features the well-known football player Robert Lewandowski.
The menu structure is standard. At the top, the main sections are displayed:
- Company. Info about TradeEU Global, contacts, legal, and announcement center.
- Trading. Platform, markets, and holiday calendars.
- Types of accounts.
- Help center.
In the upper-right corner of the website, there is a language switch button (available languages include English, Arabic, Korean, and Spanish), along with login and registration buttons. The homepage provides basic information about the TradeEU Global trading platform, account types, and the broker’s stated advantages. At the bottom, logos of supported payment systems, a risk warning, and legal details, including the address and FSC license, are displayed.
However, the “About Us” section lacks crucial information: the company’s business model is not disclosed; there are no details about its time in the market, and the identities of its founders remain unknown. Although the broker publishes its location and license details, this is not enough to ensure full transparency.
Thus, TradeEU Global currently provides only limited information about itself, making it difficult to objectively assess its reliability. The website appears standard for the industry, so for now, it can only be given a neutral rating.
Company Contacts
There are several ways to contact the broker:
- Phone Call. TradeEU Global has listed as many as 15 phone numbers for different countries, which is a decent feature.
- Email. However, there is a drawback — the broker provides only one email address, with no separation by language or region. For instance, the well-known broker Forex.com has dedicated email addresses for different countries, making communication more convenient. Here, all messages from around the world go into a single inbox, so a fast response is unlikely.
- Online Chat. The responses should arrive within five minutes, but in our case, it took significantly longer.
- Social Media. The company is present on Facebook, X (Twitter), Instagram, and LinkedIn. However, it has very few followers and little activity. This suggests that either the company does not invest in social media or it simply has very few real clients.
In the end, while there seem to be multiple communication channels, the actual support is not very convenient — there is only one email address; the chat is slow, and social media is inactive. Can you expect prompt assistance? That remains an open question.
Key Conditions
TradeEU Global offers the opportunity to start trading with a deposit of $250 — not too high, but not exactly low either. The broker also provides a virtual account and a swap-free option, but it lacks ECN and cent accounts, which would allow beginners to practice with real money while minimizing risk. For many, $250 is a significant amount to start with, yet there are no alternatives.
There are three types of accounts available: Silver, Gold, and Platinum. The company does not specify the activation requirements for each of them. However, based on the descriptions, the primary differences between these accounts lie in the spread and swap sizes. For example, the EUR/USD spread is 2.5 pips for Silver, 1.3 pips for Gold, and 0.7 pips for Platinum.
It is worth noting that TradeEU Global does not charge commissions on trades. On the one hand, this is highly beneficial for traders, particularly those using the Platinum account. On the other hand, it raises concerns about a conflict of interest. A broker acts as an intermediary, earning money from spreads and commissions. However, if commissions are set to zero and spreads are extremely tight, where does the company’s revenue come from? The answer lies in its business model — the dealing desk. Simply put, the platform profits when clients lose money — only in such cases does it generate income.
Other parameters at TradeEU Global are standard: flexible leverage up to 1:200, volumes from 0.01 lots, and a stop-out level of 5%. The company also provides financial news, technical support, an economic calendar, and educational resources.
Exposing TradeEU Global
Now let’s look at the licenses, legal details, and other aspects. First, we check whether there really is an MFSC license. That’s correct, the legal entity Tradesense Holding received a license in 2021. This is, of course, good, but one should not assume that such a platform will be 100% safe just because it has regulations from the MFSC.
The FSC Mauritius license is just a piece of paper that provides traders with no real protection. Brokers choose this regulator not because of strict control but because they can operate as they please. Essentially, it is an offshore jurisdiction that only creates the appearance of regulation but does not interfere in the activities of companies.
Serious regulators, such as the FCA (United Kingdom), CySEC (Cyprus), or ASIC (Australia), have strict requirements. For example, brokers must keep client funds separate from their own, provide financial reports, and participate in compensation funds. If a broker shuts down or steals money, clients can expect reimbursement through the Investor Compensation Fund (CySEC) or FSCS (FCA). With FSC Mauritius, there are no such guarantees — if TradeEU Global disappears, your money simply vanishes. Also, having an FSC license means there is no control over trade execution.
What Reviews Do Users Leave?
We reviewed the feedback on TradeEU Global and noticed one suspicious detail — fake positive reviews. Positive comments significantly outnumber negative ones. However, the negative reviews share real stories, and provide specifics and details, whereas the positive ones do not. They consist of generic text, usually 4–5 sentences or even fewer, without any specifics. How much did the reviewer earn? How did they trade, what was their account number, where is the screenshot of a successful withdrawal, or any other proof? None of this is present. The company is simply publishing purchased comments.
Conclusions
It is easy to think this is a truly safe broker. However, such a platform cannot be considered reliable without serious regulation. Moreover, the obviously fake positive reviews have further damaged the company’s reputation. On social media, it has little to no popularity. We strongly recommend not risking your money and avoiding trading with TradeEU Global.
Pros/Cons
- The company has been operating under the control of MFSC for several years.
- Availability of a demo account.
- Registration in an offshore jurisdiction.
- No licenses from serious regulators, such as FCA or CySEC.
- Fake positive reviews on the Internet.
- High initial deposit, but no cent account.
- TradeEU Global is interested in clients' losses, as it works as a dealing desk.
I am completely against this company. I traded here last year, but I was never able to make a profit. It felt like as soon as I started trading profitably, the platform worsened my conditions. For example, spreads widened, the platform started lagging constantly, and at times, the financial instruments I traded the most were suddenly unavailable – I simply could not trade them. Stop-losses did not always trigger, and sometimes, slippage was so extreme that instead of losing 1–2% of my deposit, I lost 5–10%. Tradeeu global is clearly working against traders! Do not even consider trading with this scam.
I also had a negative experience with tradeeu global. If your goal is simply to play around with small amounts on Forex, then this platform might work for you. But if you want to consistently earn good money, then definitely not. Find a serious company, a real intermediary, not a dealing desk like this fake platform!