Tradingpitsignals.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to 7k Metals. We’ve received over 5 complaints against Tradingpitsignals.com.
Forex trading is a high-risk marketplace for currency exchange. TradingpitSignals.com, despite claims of assisting traders, has been accused of defrauding users and inflicting substantial losses. Reviewers give it low trust ratings, citing possible phishing, malware, and a lack of transparency. This absence of regulatory control indicates a high risk for potential investors.
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Key Takeaways
Is Tradingpitsignals.com Regulated? Do They Have a License?
Forex trading, the global marketplace for exchanging national currencies, is a complex and high-stakes environment. Amidst the legitimate services, scams often prey on unsuspecting traders. One such alleged scam is TradingpitSignals.com, a service claiming to help traders make more money but reportedly causing significant financial losses instead.
Several online reviewers have regularly given Tradingpitsignals.com low trust scores. These numbers show that the platform has a medium to high risk, which makes people question its legitimacy and dependability. These kinds of reviews are very important because they help people who might use the site decide if it’s safe to invest.
The website has a lot of big problems that put people at risk, like high marks for threat, phishing, and malware. There are problems with the site that make it look like it might be doing bad things that could put users’ info and financial safety at risk.
The domain name Tradingpitsignals.com was just created, and the Who is database doesn’t show any information about it. Hidden ownership is often a sign of not being responsible, and can be a red flag for people who want to do business with a company that is open and honest.
Tradingpitsignals.com uses an HTTPS link, but that doesn’t mean users are safe. It is important to remember that even scams can get an HTTPS certificate to trick people into thinking they are safe.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Tradingpitsignals.com is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Tradingpitsignals.com, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Tradingpitsignals.com
TradingpitSignals.com exemplifies the classic forex signals scam. They attract traders with promises of high returns and easy money, only to deliver losses and frustration.
The lack of transparency, inaccurate signals, and absence of a refund policy are clear red flags. For anyone considering using a forex signals service, it’s crucial to thoroughly research and vet the provider to avoid falling victim to such scams.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Tradingpitsignals.com Customer Service: Do They Handle Complaints Well?
Despite these promises, TradingpitSignals.com has received a plethora of complaints from users who have experienced the exact opposite of what was advertised. Multiple victims have come forward, sharing their stories of significant financial losses after following the service’s signals.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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Tradingpitsignals.com Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Tradingpitsignals.com tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Tradingpitsignals.com reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Tradingpitsignals.com, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Tradingpitsignals.com enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Tradingpitsignals.com reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Tradingpitsignals.com.
You should always look out for consumer complaints. In the case of Tradingpitsignals.com, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Tradingpitsignals.com? You can share your complaint in the comment section or submit an anonymous tip.
Is Tradingpitsignals.com Legit Or a Scam?
Tradingpitsignals.com is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Tradingpitsignals.com can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Tradingpitsignals.com?
All the evidence suggests that Tradingpitsignals.com is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The Tradingpitsignals.com Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
