Tidexcoin.com is a cryptocurrency broker that claims to offer a variety of trading services, such as forex, CFDs, stocks, indices, commodities, and crypto. The website promises high returns, low fees, and a user-friendly platform. But is Tidexcoin.com a scam or a legit broker?
In this review, we will examine the features, pros, and cons of Tidexcoin.com, and provide our verdict on whether it is a trustworthy broker or not.
Features of Tidexcoin.com
- A wide range of trading instruments, including over 50 currency pairs, more than 100 stocks, 20 indices, 10 commodities, and 15 cryptocurrencies.
- A flexible and customizable trading platform that supports web, desktop, and mobile devices.
- A variety of account types, from basic to VIP, with different minimum deposits, spreads, leverage, and bonuses.
- A dedicated customer support team that is available 24/7 via phone, email, live chat, and social media.
- A secure and regulated environment that complies with the KYC and AML policies of the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
- A free demo account that allows traders to practice their skills and strategies without risking real money.
- A comprehensive education center that provides tutorials, videos, webinars, articles, and e-books on various trading topics.
Some of the advantages of trading with Tidexcoin.com are:
- A diverse portfolio of trading assets that can suit different preferences and risk profiles.
- A user-friendly and intuitive trading platform that can be accessed from any device and location.
- A competitive pricing structure that offers low spreads and commissions, as well as attractive bonuses and promotions.
- A responsive and professional customer service that can assist traders with any issues or queries.
- A regulated and secure broker that follows the industry standards and protects the funds and data of its clients.
Some of the drawbacks of trading with Tidexcoin.com are:
- A lack of transparency and credibility regarding the ownership and operation of the broker.
- A high minimum deposit requirement of $250 for the basic account type, which is above the average in the market.
- A limited choice of payment methods, which only include credit cards, wire transfers, and cryptocurrencies.
- A high withdrawal fee of $50 for wire transfers, which is also above the market average.
- A questionable reputation and history of complaints and negative reviews from former clients who accuse the broker of being a scam.
Verdict: Is Tidexcoin.com a scam or a legit broker?
- The lack of information and verification about the company behind the broker. The website does not provide any details about the name, address, registration number, or license number of the entity that owns and operates Tidexcoin.com. This makes it impossible to verify the legitimacy or accountability of the broker.
- The use of fake or unregulated licenses. The website claims that Tidexcoin.com is regulated by the FCA and CySEC, but these are false claims. Neither of these regulators has any record or recognition of Tidexcoin.com as a licensed or authorized broker. This means that the broker is operating illegally and without any oversight or protection for its clients.
- The negative feedback and accusations from former clients. There are numerous reports and reviews online from traders who claim that Tidexcoin.com is a scam. They allege that the broker has refused to process their withdrawal requests, manipulated their trades, closed their accounts without notice or explanation, and harassed them with phone calls and emails to deposit more money. Some of them have even lost their entire investments to the broker.
Therefore, we advise our readers to avoid Tidexcoin.com at all costs. It is not a safe or reputable broker to trade with. Instead, we recommend choosing a regulated and reputable broker that has a proven track record of providing quality services and customer satisfaction.
What to Do If You’ve Lost Money with Tidexcoin.com?
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