Traders Home: an overview of the broker's activities and traders' reviews

Attention! Fraud company!

Leave a request for a refund from a scammer.

Trading is associated not only with large earnings, but also with risks. Today, hundreds of scammers are operating on the Web, hiding behind the masks of honest brokers. Falling into their trap is easy. Scammers lure users with “unique” offers, a plethora of benefits, fake licenses and other documentation that allegedly indicates that they are conducting transparent legal activities. Among the abundance of sharashkin offices, Traders Home stands out. What kind of “kitchen” is this, what fraudulent schemes does it use, and what do deceived traders write about it in reviews? All this in our review.

What is Traders Home?

In preparing the review, we carefully studied the official website ru.tradershome.com. The creators of the fraudulent project “Traders Home” praise themselves as much as they can.

Favorable trading conditions, fast deposit/withdrawal of funds, no commissions for transactions, the ability to use the mobile version of the site and much more - nothing more than just words not supported by facts. Therefore, when writing a review, we decided to check all the information provided and read the reviews of Traders Home customers. 

Let's start by checking the registration number of the Traders Home company and the availability of documents confirming that it operates legally and safely. On the main page of the site, as such, we did not find specifics about the activities of the broker, so we immediately began to study the “User Agreement”, “Terms of Use”, “Risk Information Disclosure Policy”. We were alarmed by the fact that all legal provisions are presented only in English. Fraudsters often use this move to hide all the "pitfalls". 

The Risk Disclosure Policy file says that Traders Home is registered under number 25183IBC2018.

We decided to immediately check the relevance of the registration number. Using the resource offshore.su, we found that there is no such number, nor brokerage companies with the name Traders Home. 

Next, we checked to see if Traders Home has been operating since 2018, as indicated in the footer of the site.

These data, unfortunately, also turned out to be false. When writing the review, we turned to several services to determine the “age” of the ru.tradershome.com domain and directly to the Traders Home company itself. Using the Whois online resource, we found out that the domain was created in 2012 in Panama, and in 2019 it was re-registered. 

Such inconsistencies in dates and countries indicate that the scammers started trading back in 2012 under a different brand, and in 2019 they rebranded and “retrained” as a broker. The fact that Traders Home has been operating not since 2018, but since 2019, is also evidenced by WordStat statistics. Judging by the chart below and the feedback from traders, there are no mentions of the name of this “kitchen” on the Web before last year. 

When writing a review, we also checked the correctness of the specified contact details. Traders Home is registered at 5 Richmond Hill Road, Beachmont, Kingstown, St. Vincent and the Grenadines. 

At the same time, the telephone number for communication is Canadian (code +1 877). Fraudsters often do such fraud with numbers and addresses in order to encrypt as much as possible. Traders Home is no exception. 

We were also embarrassed by the indicated number of active clients of Traders Home - almost 232,000.

Having opened the broker's Facebook page, we realized that this was another fake information. The number of subscribers of scammers is as much as 30 people. As you already understood, there is no smell of world popularity here. This is not surprising, because, judging by the reviews of deceived users, Traders Home has a tarnished reputation. 

Overview of the Traders Home Registration Procedure

Becoming a client of this sharashka office is not difficult. To do this, you just need to fill out the registration form, indicating:

• name, surname;
• date of birth;
• the address where you live;
• phone number, email address;
• the currency you want to work with.

Judging by the reviews, the registration process takes an average of 5-7 minutes. But this is far from an advantage, because in this way Traders Home demonstrates its irresponsible attitude towards the safety of customers. Actually, nothing surprising, because the main goal of scammers is to cash in on naive users as soon as possible.

Overview of trading conditions

Former clients of Traders Home in their reviews indicate that the trading conditions offered by this pseudo-broker are the main bait. When writing a review, we got acquainted with them and were surprised how skillfully scammers lure traders into their networks. They make them a lot of “unique offers”:

• no fees for withdrawal of funds;
• a large selection of trading instruments - more than 500;
• the ability to trade currencies, commodities, stock indices, energy carriers, cryptocurrencies, stocks;
• educational content;
• leverage up to 1:400, etc.

Also, traders can allegedly choose one of the proposed accounts: “Beginner”, “Starter”, “Premium”, “Advanced”, “Professional” and “VIP”. However, judging by the feedback from users, Traders Home only promises “mountains of gold”, but in fact leaves them a donut hole.

Reviews of deceived traders

There are a lot of reviews on the Web about the Traders Home sharashka office, and the vast majority are negative. Users unanimously declare fraudulent pseudo-broker schemes. Everyone has their own story, but in all cases the result is the same: users forever said goodbye to the funds deposited into the account without any explanation:

What is the essence of divorce?

When writing the review, we made sure that Traders Home always works according to the same scheme: first it makes profitable offers, promises users a lot of advantages, and encourages them to deposit as much money as possible into their account. And as soon as the trader makes a deposit, the trap closes. Neither calls nor letters to managers will help solve the problem, because we are dealing with ordinary breeders. 

Summing up the review

Employees of the “Traders Home” sharashka are still those scammers! They do everything to rob as many traders as possible, and the reviews of former clients of this office are a direct confirmation of this. Don't trust Traders Home if you don't want to be scammed and end up with empty pockets!