Speedup trader is an offshore broker that trades exclusively in the future. It promises huge profit-making trading opportunities.
Is Speedup Trader Regulated?
Speedup Trader claims to be a limited liability company based in New York, through its website. It is supposedly owned by Marcello Arrambide. However, it is not regulated by any financial institution. It offers trading in futures of index equity, currency, agriculture, energy, metal, financial and interest rates, and Eurex products.
Is It Really Safe To Invest With Speedup Trader?
It is always risky to rest your financial interests with a non-regulated broker firm. Speedup Trader is operating platforms like MultiCharts and NinjaTrader. It provides three types of trading accounts and also trading education for students. However, as per our thorough investigation, we discovered no trading education is provided. Upon joining for free, traders are lured to pump in their money which ultimately gets drained out.
How To Recover Your Lost Money From Speedup Trader?
In case you have been duped by the fraudulent activities of Speedup Traders, you can avail of the fund recovery services offered by the fund's recovery companies listed with us.