Is Trademax Ltd scam or Legit? – ScamHelpers Investigation shows that it is a scam.
Website – https://trademaxltd.com/
Why Trademax Ltd is a scam?
Trademax Ltd was added to the warning list by the US regulator, SEC.
The U.S. Securities and Exchange Commission (SEC) put out a warning about Trademax Ltd., when they found out that this broker may be offering illegal financial services. Trademax Ltd is an unregistered offshore broker because it doesn’t say anything about how it is regulated. This is a clear sign that it is an unlicensed broker. Reputable brokers always display their credentials prominently.
Trademax Ltd claims to be based at 118 South H Street, Lompac, CA 93436 which is heaven for scam brokers. Thus, the U.S. Securities and Exchange Commission designated it as an unlawful firm.
The truth is that there is no regulatory body that oversees Trademax Ltd. It is risky to allow this broker to hold or handle investors’ money, and there is no legal safeguard for that money. As a result, it is a fraud.
If you are scammed by Trademax Ltd broker, you can file a complaint in the complaint form on top. You can also share your experience with the broker as a comment.