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Is Tradenix a scam broker?
TradeNIX is a crypto trading and mining platform headquartered in the US and has offices in many countries, including China, UK, Canada, and Switzerland. The company claims to be one of the best crypto trading and mining platforms and top-ranked companies in cryptocurrency trading. Hence, to know more about TradeNIX and its crypto trading platform, please read the review thoroughly and decide for yourself whether it is one of the best trading platforms or a scam website.
While the company claims a lot of things on its website, we could not find any information about the cryptocurrencies supported or what is their trading strategy, etc. We also cannot see any information on the cryptocurrencies that can be mined in this platform. According to their official website, they claim to offer peer-to-peer transactions, borderless payments, smart money, secure wallets, etc. The payment gateways supported are Luno, CoinBase, CoinMama, and CoinGate.
We cannot see any other information regarding the types of accounts available, minimum investments, trading options, cryptocurrencies available for trading, mining terms, etc. before creating an account on their website. Hence, we decided to open a new account, and we were taken to the dashboard that looked decent.
In the dashboard, you can see various sections listed on the left, including Board, Order book, market, portfolio, calculator, News, and Mining. Then you can see all the cryptocurrencies available for trading along with a trading chart in the middle. At first look, we can clearly see that it is a custom trading interface and not the MT4 trading platform. This will clearly disappoint most of the professional traders as they will be pretty much comfortable using the MT4 platform, and it comes with a lot of trading strategies, analytics charts, tools, and automation strategies. While the website looks very professional and presents itself as a reliable trading platform, there are still a lot of questions that need to be answered, including its license, regulation, company information, trading terms, etc.
Is TradeNIX Legit or Scam?
The TradeNix crypto trading platform is not licensed and regulated. We could only see some addresses on their contact page, but couldn’t see any information about the company that owns and operates it. Moreover, the trading conditions and mining terms are not specified. Hence, anyone willing to trade with TradeNix needs to think twice before investing their hard-earned money with an unregulated platform.