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Tradex Swiss AG

  • #1
  • First Post: Dec 3, 2006 6:28pm Dec 3, 2006 6:28pm
Has anyone heard of or dealt with Tradex Swiss AG? (tradexfx.com). Apparantly they are compatible with Metatrader4 platform, and have tight spreads.

Forexbastards.com has one entry in which it is listed as a scam.

Any info from anyone with experience dealing with them is appreciated.
  • #2
  • Jul 5, 2007 1:40pm Jul 5, 2007 1:40pm
volan,

I would not go with them with a balance below 35k USD. Only with this amount you get a good bank feed. Depending on the volume you can negotiate the commission then.

If you are below and want the same conditions go to spottraderfx.com and check them out. Also on MT4.

Lino
  • #3
  • Jul 5, 2007 8:53pm Jul 5, 2007 8:53pm
Run away and never look back...
  • #4
  • Jul 5, 2007 9:12pm Jul 5, 2007 9:12pm
Forget about Tradex dude. Check out my rating of them on forexbastards.com. They have like 17 ratings; not sure why you only saw one.

http://www.forexbastards.com/public/...w.tradexfx.com

My rating is under the name "Bob"

Hope it helps...
  • #5
  • Jul 6, 2007 5:14pm Jul 6, 2007 5:14pm
Thanks for the advice. I'll run and never look back.
  • #6
  • Jul 18, 2007 4:37pm Jul 18, 2007 4:37pm
Volan: Why would you want to run and never look back? You should do just the opposite. I have an account with www.Tradexfx.us and the other day I needed to get almost all my money out of my account there for an emergency situation that I had. Mr. Craig Karlis the CEO of the Boston branch was very helpful and very concerned that my emergency request was taken care of with speed. He handled my request and even delivered the needed funds before the time frame I specified to him over the phone. He was concerned that nothing went wrong and he was concerned that I got my funds in a very timely manner.


I am going to put back the funds that I had with Tradexfx.us and I am going to continue with Tradexfx.us.


Sincerely, Maximus777
  • #7
  • Jul 19, 2007 10:58am Jul 19, 2007 10:58am
Be my guest......I personally prefer not to deal with people/companies that repeatedly lie to me about their product.
  • #8
  • Jul 19, 2007 1:33pm Jul 19, 2007 1:33pm
this guys first post and he gives such a detailed positive review

LOL LOL

These guys are ridiculous HAHAHAHAHA
  • #9
  • Jul 19, 2007 2:48pm Jul 19, 2007 2:48pm
Quoting volan
Has anyone heard of or dealt with Tradex Swiss AG?
Boston is their head office? Is that the capital of Switzerland?

Thanks
LOL
  • #10
  • Jul 20, 2007 3:42am Jul 20, 2007 3:42am
Check its website... "Due to technical reasons..."


I can't hold laughing anymore...
Trading is a business
  • #11
  • Jul 27, 2007 10:22am Jul 27, 2007 10:22am
Quoting Maximus777
Volan: Why would you want to run and never look back? You should do just the opposite. I have an account with www.Tradexfx.us and the other day I needed to get almost all my money out of my account there for an emergency situation that I had. Mr. Craig Karlis the CEO of the Boston branch was very helpful and very concerned that my emergency request was taken care of with speed. He handled my request and even delivered the needed funds before the time frame I specified to him over the phone. He was concerned that nothing went wrong and he was concerned that I got my funds in a very timely manner.


I am going to put back the funds that I had with Tradexfx.us and I am going to continue with Tradexfx.us.


Sincerely, Maximus777
Maximus777, I find it very interesting that you would post a claim as such, when I have been trying to withdraw a significant amount of funds (5 digit) from Tradex since near the beginning of July, and have yet to receive my funds. I have attempted to contact Craig Karlis directly, however he is never available to take my call, nor has he given me the courtesy of returning my call.

Seeing as how you have such an amazing relationship with Mr. Karlis, and with Tradex, perhaps you would be willing to contact him and assist me in recovering my funds?

I'll be anxiously awaiting your reply.

Sincerely,

A pissed off Tradex Swiss AG Client
  • #12
  • Jul 29, 2007 12:05am Jul 29, 2007 12:05am
I would never trust non NFA brokers.
Trading for a living!
  • #13
  • Jul 29, 2007 12:31am Jul 29, 2007 12:31am
Actually may i know what is TRADEX SWISS AG??

It is purely a broker or manage account for investor??
  • #14
  • Jul 29, 2007 3:46am Jul 29, 2007 3:46am
I went to the companies dot com web site at the time of this post and found the following message posted. Any comments or more information from account holders? Was this just a server upgrade, something simple or a larger problem?
Quote

Tradex Swiss AG

Dear Tradex Swiss AG Clients

Due to technical reasons, we wish to inform you that for the time being, we cannot accept any new account opening requests, or receive payments on existing accounts.

For the same reason we also request all clients to close any open positions on their accounts, and to refrain from trading until further notice.

We apologise for any inconvenience caused, and we expect to restore all operations in the near future.

  • #15
  • Jul 29, 2007 11:18am Jul 29, 2007 11:18am
Quoting nvwine
I went to the companies dot com web site at the time of this post and found the following message posted. Any comments or more information from account holders? Was this just a server upgrade, something simple or a larger problem?
It's a larger problem, and I will update this on Wednesday, August 1st.

keanwai - Tradex Swiss AG is a Boston, US based office with traders and customer support for N. America. Tradex Handel & Beratungs is the parent company, which is based out of Switzerland. Tradex Swiss AG was disciplined in January of this year, and has been permanently barred from memberhship with the NFA.
  • #16
  • Jul 29, 2007 3:08pm Jul 29, 2007 3:08pm
This the same tradex swiss?

http://www.hra.sz.ch/cgi-bin/fnrGet....0&shab=0000000

For those who cant read german: The swiss banking authority EBK shut it down. Just like Neuimex earlier this year.

Its always the same group of people who runs those scams, and its always the same scheme. If people would actually do a simple google search before sending money to persons they dont know (or just blatantly refuse to send money just because they found a pretty website), those con artists would have to look for honest work. I even mentioned this firm in a post here a month or so ago. Tradex us, neuimex, Tradex Swiss, and i predict Finex to be the next (hello Mr. Nettles!). And after that they will just find another fancy name for their next scam-website, advertising the "tight" swiss regulation in FX. It doesnt get more obvious than that.

Isnt the swiss FX world wonderful?
  • #17
  • Jul 29, 2007 5:45pm Jul 29, 2007 5:45pm
Digger is right, I have exactly the same problem with Tradex-cannot withdraw any funds. The Maximus777 post was so opposite of the real truth it was probably Karlis himself trying to diffuse the horrendous situation they are in. When you ring them up, all you get is this lame story that they are in the process of being taken over by a so called Floris Bank and until they get all the paperwork finalised they cannot release any funds-what a load of rubbish!! THey are OK taking your money, but try getting any money out of them!! The fact is they are under investigation by the Swiss banking authorities for trading without a licence and have therefore had their funds frozen until the investigation is over. This may take a few weeks according to these authorities.

When TradexFx, Boston was contacted late last week, they once again promised to make funds available again from this Wednesday. I won't hold my breath, but the full truth will be revealed shortly if they don't pay up.
  • #18
  • Jul 30, 2007 11:09am Jul 30, 2007 11:09am
Sorry to ask bout silly question coz im still a newbie.

May i know what is NFA??
  • #19
  • Jul 30, 2007 11:12am Jul 30, 2007 11:12am
National Futures Association
  • #20
  • Jul 31, 2007 7:56am Jul 31, 2007 7:56am
Thanks for the reply!
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