Tradewell.io

Just 3 months ago, i decided to invest my bonus in crypto after hearing many success stories. Unfortunately for me, i fell victim of tradewell.io and was swindled. I was depressed the whole of Christmas but with the help of assetspursuit.com i was able to recover my lost funds in a month. If you have a case similar to mine, feel free to contact Assets Pursuit.

Hey i WAS also a victim of their fraudulent ways of trying to make you invest more and giving no payouts. I was able to find a recovery firm
Wegetrefunds, c'o"m and they helped me get my refund after about 3 weeks of investigations. You can also reach out to me on lindais624@ gmail, com if you have questions

Tradewell are just scam

I tried to open an account with them and first send 250 USD

I had some difficulties to give them the documents they asked to activate my account.

When I got the opportunity to produce the documents and finally activate my account they totally withdrawal my money and said that it is because my account was inactive.

They clearly stole my money using their internal policy to justify their thief.

Do not send any money to them.

Furthermore, the way it works and if you trade with them you will take a huge risk of loss for just little cents of profit with a huge commission on every transaction. You take the risk they get the profit.

They just thief.

I had no idea this company was a scam till I fell for it and lost USD100k. I thought my world had come to an end when I couldn't pay bills. On a faithful evening reading a popular newspaper online I came across assetspursuit a company who recovered my lost money from tradewell. Stay clear from this scam brokerage company.

Tradewell is a SCAM
Operated by ruthless grubs of humans.
Tradewell. Exchange and other tradewell sites.
Once you register for a Tradewell account you are entered at the one of the following levels:

BASIC, SILVER, GOLD, VIP or BLACK DIAMOND. The choice of level is based on the amount of money you supply (invest). Depending on your level, Tradewell will add a "bonus" to your investment and a "Leverage option" would could be up to 1:40 for the VIP and Black diamond levels.
At no time is this bonus considered money. If you joined as a VIP with, say $100,000.00 Tradewell adds a "bonus" of 150%. Your standing is now investment +150%. Can you withdraw that amount out? No. These "bonuses" are there to "plump" your trades. The trader makes a percentage on each trade you make. The more that is invested in the trade, the more potential profit.
The idea is to have you trading and losing. Lets say you have now completed a few trades, and as luck would have it, your standing is now down to $100,000.00. Oh dear, you are not a good trader. It seems you have lost all that bonus. You might say, OK, I want my money back now, you will be disappointed. The only way you can get your original money back it to keep trading until you get your standing up to your original investment PLUS the bonus amount before you can draw down your original 100K.

Lets start at Basic level.
You will be reminded that you really cannot do anything with this amount. You may win a dollar or two at a time but it is not really worthwhile.
If you were a member of a higher division, say, Silver, you could trade with a much higher leverage and a much higher bonus. Someone like David Sheppard, (not to be confused with a Mr David Shepherd who is a real person and recognized and full time forex trader now living in Australia. The similarity and trading history of the two Davids is amazing). Obviously nothing more than an coincidence.
David (who looks after the VIP and Diamond Divisions) will show you very quickly on the platform how he can make amazing profits in a few short trades. Magic. He advises that if you were in his division, you could be making trades like this every single day. At this stage you are completely stunned by how this man just made about $20,000.00 in 20 minutes. Incredible.
(You don't know this at the time but you will never succeed on that particular trading platform. The account managers and traders use a platform with more decimal points on display. They can see movements in the market that you cannot see because you do not have an extra pair of decimal points to view more subtle movement. You see the result on your platform as pure magic.)
But as you are a member of a lower division, this kind of activity is not applicable to you.
OK, now Tradewell advised you that you would receive education on how to become a knowledgeable trader. You will be introduced to another team member, lets call him "Zac". Zac will tell you what candlesticks mean and point you to some more reading on other web pages. I'm sure you are starting to feel very good about all of the education you are receiving.
David has shown you how quickly profits can be made, but to work with him exclusively, you will need to be in his Division (Diamond). Don't worry, I'm sure that you will get there soon enough and you can easily achieve your goals.
Yes, one of the sessions are related to goal setting. What are your goals, what is important to you, how serious are you about achieving your goals? Well, with us at Tradewell we will walk with you and achieve all of your short term and long-term goals.
You will be given another "Account manager" to deal with. Let's call him "Oliver".
Oliver will then advise you how well a particular crypto currency is going and that, based on a great deal of market knowledge and research, (Zac has already spoken to you about market indicators so this information is reinforcement0, will make a very quick profit and you need to get onto it right now.
Let's say that you now use $18,000 of your "standing' to purchase a crypto. After a couple of hours, that crypto is not performing as well as you thought and was actually going downhill. Don't worry, we have a plan for this. All you need to do is to buy a Securitization Policy and you will be covered. It is refundable of course. So now you are buying a Securitization policy for the same amount you have invested. After the collapse of your trade, Oliver will say, See? You have not lost anything you are now back where you started from. Your standing is the same, yes, but you have just lost $18,000.00 and recovered by replacement.
You are in a bit of shock now. Don't worry, advises Oliver, we will get that back very quickly.
You are then introduced to another "Account manager". Let's call him "Martin". Martin will advise you that today, there is a great deal of movement in the market and we can capitalize quickly. He will rush through with you and quickly outlay at least half of your remaining standing. Then he will say things like. Oh, there is a lag here somewhere, I'm not getting the figures in time. Is your internet slow today? Oh dear, there seems to be a problem here. We should close out of those 6 or so trades. Each one is a loss. Martin smoothly advises not to worry at all. All of those red figures don't mean much at all. Someone will fix that up quickly.
Now you are in greater shock and have lost a great deal. If you walk out now, you have lost everything you have "invested".
Don't worry, David from the Diamond division will come to your aid.
He will advise that he has had very stern words with Martin and that Martin is not allowed to do anything on your account at all.
He will introduce you to another trader, lets call him "Ashwin". Ashwin advises that he is one of the best traders there is and is widely known and admired for his expertise in the longer-term trade. His trades will take longer, but they are pretty much guaranteed to make a profit each time. He will show you an earlier record of another trade where there have been 4 trades, each made with 20,000 USD and each of those trades made a 100% profit. Now, for you to be looked after by me and have access to my trading proficiency, it will only cost you an extra $25,000.00. It's a sure thing, right?
OK, Ashwin advises you which trades to place. A couple of hours later, you will see that these trades are not doing as well as expected are they. Don't worry, we will protect them using another fully refundable "Securitization Policy". Please pay up now, you need to have a USD 25,000 policy in place before the end of the trade.
OK, so you have now lost a small or perhaps large fortune.
It is about now you are on your knees and have to get out.
Because you have lost so much you cannot walk away with anything that you have left in your standing because that is not yours. That "Standing" is made up of "bonuses" supplied by the company. You will need to restore those "bonuses" if you want to take any real money out.
You have to trade because you have no choice now. You have to build up the investment plus bonuses to a point where Tradewell will let you withdraw any funds. Don't worry, in a few short trades we will get you back to a really good position then you can take out your investment. These trades will be longer term but are showing excellent profit margins.
Trades have now failed. Oh dear, looks like the market has not responded the way we thought. It happens. That's the market for you. You will need to deposit more funds if you want us to continue helping achieve your goals.

That's it all gone Sick to your soul and you know you have been plaid by experts.
These are extremely ruthless operators and extremely good at what they do.
Further Considerations:
When you are connected to one of Tradewell's account managers, they can access all of your computer files and folders. The program they use, currently Zoom meetings has an inbuild ability called "file transfer". During an education session, your entire computer can be downloaded onto their system. If you have a folder with scanned ID documentation, licenses, passports, bank statement and the like, you can be assured that this information is now shared.
It is only afterward that I learned about locking all of my drives.
Too late now, but I found reviews at various sites. I wish I had seen them earlier.
Here is an example from John H which I wish I had read John H review much earlier:
"Tradewell is a criminal syndicate. They are very smooth confidence tricksters (all South African) who are expert at putting maximum pressure on you to 'invest' an ever increasing amount of funds into their amateurish and poorly administered website. It is a ponzi scheme and their trading platform is a completely bogus, in house Trojan horse. They suck you in with a rapid return on your initial $250 USD investment but this is just a hook to lure the unsuspecting investor into their sham trading scheme. Once you part with any further cash, you will never see another cent of it ever again.
AVOID THESE SILVER TONGUED LOW LIFES"
You are correct John H.

Hello everyone I have been duped by this company and will need fellow victims advise and experience. I am in the middle of trying to get my money back. If you have any ideas please contact me on (Luke. Dawn56 at gmail, com)

I started trading with this company in January, then six weeks ago, and in a blink of an eye £14,500 vanished, then they wanted me to put more money in so they can do an account recovery, something is very wrong. All my life savings gone.

I signed up briefly to find out a bit more about investing in Bitcoin and almost immediately I got a phonecall from one of their customer service team while I was at work. I explained this to him and he continued pressurising me into investing right then and there explaining that they recommend I go with the minimum deposit of £250. I explained that money was a little tight right now and I would have to think it over. The guy continued pushing me to the point I suffered an anxiety attack and even had the nerve to say he didn't think I was being completely honest with him. In the end I hung up and contacted their live support asking for all my details to be removed.

Hi,
I had a bad time with Tradewell.io.
Never ever go with their words or their services.
Avoid at first site. Dont disclose any of ur credentials.
Thanks

Never put you email address in it and card detail. They claim they are selling Sweden first official coin but they are not authorized for it. Plus they do by using template of websites such as CNBC

I am first time trader and started with tradewell in March. All seemed good for a while then I started to loose large amounts of money with their advice. They kept asking for more and more money until I had emptied my back account. I have lost au$24K 8.5K was last loss without even running an order. They made me open 2 orders then close them. 8.5K vanished instantly. Then I got a call from another one of their so called brokers asking for more funds to recover the account. I basically told him to get f@#ked. It all started when I clicked on a link about crypto crona on FB. Stay away from these maggots.

Avoid them. These guys happily take your money but do little to nothing in return. They will advise you to make investments into certain crypto currency assets but they do not tell you that their fees as a result of leveraging are far in excess of any other exchange out there nor do they monitor the accounts even though they say they will.

By way of example, just to test things out, I bought one unit in BCH/USDC. The listed price was 338.19. The market price was 336.69. That is a spread of $1.50. But because of leveraging I paid a fee of $30 to them to buy the coin, meaning I was immediately in a losing position of -$30, not even close to break even. On a coin worth $336, it is going to take a very long time to make that up, if you ever do. That means I paid almost 10% of the value of the unit to buy one unit. I had a similar result with any other unit I purchased. I have attached the a screenshot just so you are aware of what will happen when you hit buy. You can see the price I paid, 338.19. You can see the current price (which is false) of $335.19. You can also see the immediate loss I incurred when I hit purchase.

Their advertised accounts types are false. They do not provide the service they promise no matter what level you reach, so don't bother trying.

I invested the small amount of 300,00 EURO in August of 2019, watched my shares rise to double the amount within the following month, then decided to sell them off, asked the Senior Account Manager (Adam Lange, a man in the Netherlands) at Tradewell, when I can expect the equivelent amount on my account, and was told:"Within a week.". As long as I had money in the account, I heard from Adam daily. Then he no longer called on me, and another guy from the Netherlands started calling my phone number as much as 5 times a day for 3 consecutive weeks to tell me of "an exiting new product" I should invest in. Then I was called from a number in Austria also at least 5 times a day, until i stopped answering the phone. Now, after the funds were never credited to my account, I tried to contact the man in the Netherlands with my question, but all of a sudden the calls stopped. Now I cannot sign into my account, as the web site is no longer available, and needless to say, that nobody from either The Netherlands nor Austria is trying to reach me. I booked my 300 Euros under "irrecoverable debts" and will forget the whole matter.

I have bad time with those guys too. They call and push you do as they said. You will never get you money back. I would say "THE WORST NIGHTMARE EVER".

From day one they harassed me with multiple calls/emails but I ignored as hate hard sell Also never gave direct access to them to my computer but I did foolishly deposit money and play myself - lost not gained and now - no access to site/emails coming back as unknown domain and I have ignored 'dox to sign' which have come through and I assume again would given them access. My bad I have stupidly lost nearly £4k - more fool me - what is it they say about a free lunch. However came to this after seeing interview on TV with Gordon Ramsey saying he had recouped all lost funds through them/bit coin investment - not sure what that says about him/his possible involvement with them...

Fcuking rip of bastards do not go near these scum bag bastards low life $#*!s robbing bastards constantly trying to get u to reload cash

TRADEWELL.IO is a big SCAM. Tradewell.io is a professional criminal organization with the goal to steal your money. On Facebook I saw an advertisement from Kryptonex Research Group that the Swedish Government decided to launch its own crypto coin as a base currency, and that Kryptonex was selected by the Swedish Government to market this coin. In their advertisement they used fake statements from billionaires (Bill Gates, Microsoft; Richard Branson, Virgin Group; Eric Schmidt, former Exec. Google; Peter Thiel, founder Paypal) that this coin is an excellent investment, that lots of millionaires will be created over night. There is an on-line form where you can open a trading account and receive further information. If you contact them you will be contacted in return by Tradewell.io. Either Kryptonex is part of Tradewell.io or they have a working relationship, were Kryptonex gets referral fees. Now Tradewell.io contacts you permanently, and works on you to open a trading account and make your first deposit. They use all kind of psychological tricks to achieve this goal. Now they are trading with you on their trading platform, they call you and tell you what orders you should place (they also contact you via Zoom Support, they can see your computer screen, give you support and further instructions). The results are usually positive, and your account starts to grow. Now they start working on you to deposit more and more money to upgrade your account (check on their website, they offer 5 different account types: Basic, Silver, Gold, VIP, Diamond based on your investment amount). Based on your deposits, and selected account you will receive bonuses from Tradewell.io, which makes your account grow faster. You get bombarded with phone calls, there will be senior trading managers with lots of experience, who use in-house special market analysts for selecting good trade possibilities. For example there are some specialist to do some "High Frequency" trading sessions with you, were they predict 10 to 15% return based on your account value. The results were really impressive. Your account starts to grow. Now you reach a point, were you do not want to deposit any more money into your account, you made your decision to stay with a selected account, continue trading and start to withdraw profit. Suddenly your trading results turn really negative. Tradewell.io is selecting very risky, high volume trades with trading pairs with very high spreads. There are even trades, when they are opened, immediately they are closed automatically due to the high spread, when the trade is going against you. Tradewell.io wants you to loose now because they get the spread, this is how they make very quick lots of money with lots customers. When all your deposits are gone, nobody calls you anymore, all your efforts to speak to someone are unanswered, your e-mails are not answered anymore. Maybe there is some money left in your account but because it falls under the bonus policy you never will see any of this money either. This is only a short report about my very extreme negative experience with this criminal organization but it should be enough to get the picture. Hopefully it helps those, who consider working with them to stay far away from them, and not loose lots of money like I did. If you, who reads this has the same experience with Tradewell.io, please post your experience as well, and help protect potential investors. STAY AWAY FROM THIS CRIMINAL ORGANIZATION, IT'S A BIG Scam.

I have had a dissatisfying time with this company. Knowing fully well that a lot of these companies are controlled by fake brokers who promise winnings and all sorts of bonuses. I feel ashamed and sad to have lost my money to this company. Losing 35,000USD might not be a lot to others but it meant a fraction of my life savings gone to the wind. Glad to have come across a refund team after months of searches. Nathan and his team have helped me recover all of my funds from this company and a few others I was lured to invest in. I will be forever grateful to them. You can reach me on timcoxx61At Gmail d0t cc00m