BrokersView
Search
Download
English
Sign In

Truvecta

Save

Operating status: SCAM

Website: https://www.truvecta.io/

Broker violations and abnormal records
  • 2024-06-12 The FCA issues a warning against Truvecta

    On June 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Truvecta, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/truvecta-wwwtruvectaio

    On June 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Truvecta, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/truvecta-wwwtruvectaio
  • 2024-06-16 BrokersView has reviewed that Truvecta is an unregulated broker

    According to its website, the area code of the telephone number displayed on the website is the UK area code +44. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Truvecta, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, Truvecta is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Truvecta appears to be a scam.

    According to its website, the area code of the telephone number displayed on the website is the UK area code +44. Upon investigation, we found that the Financial Conduct Authority (FCA) issued a warning against Truvecta, believing this company might be providing financial services or products without proper authorization in the UK.In essence, Truvecta is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Truvecta appears to be a scam.
  • 2024-06-30 The FCA updates its warning against Truvecta

    As Truvecta has created more avenues to illegally solicit investors, the Financial Conduct Authority (FCA) has updated its warning against the unauthorized entity to inform investors about the situation and advise them to stay away from the scam. https://www.fca.org.uk/news/warnings/truvecta-wwwtruvectaio

    As Truvecta has created more avenues to illegally solicit investors, the Financial Conduct Authority (FCA) has updated its warning against the unauthorized entity to inform investors about the situation and advise them to stay away from the scam. https://www.fca.org.uk/news/warnings/truvecta-wwwtruvectaio

Related Complaints

Q&A

What is the smallest order size on Truvecta?

Guven Dahoud
Germany
2024-06-18
ANSWER It is advisable to steer clear of Truvecta, an unlicensed broker.Truvecta's website lists a UK-based telephone number with the area code +44, yet the Financial Conduct Authority (FCA) has issued a warning about Truvecta for potentially operating without authorization in the UK. Operating in an unregulated environment, Truvecta can be risky to investors, as there are no oversights to ensure its regulatory compliance.Given these facts, investors should stay away from Truvecta to protect themselves from potential fraud and identity theft. It is recommended to choose fully regulated brokers.
See more

1 comments

Siets van der Leede
The other reviews are right: They not want to give you YOUR money back. I asked a number of times to withdraw from my account and they did not. They say it is an automated system, which is not true.2. Truvecta is a scam and is stealing your money 2Watch the following video:https://www.youtube.com/watch?v=KtdaRuOEgyAEspecially from 2.20They say there: “You should be aware that Truvecta can modify your entry points”!!Exactly this happened to me. They change the Opening rates, so your profit will be less or your loss will be greater. This is stealing.They told me, that they are the Swaps, which is not true. Swaps will never change the Opening rates. Opening rates are Opening rates and should never be changed. 3. Truvecta is a scam and is stealing your money 3Truvecta is changing the Opening rates, which is not allowed!First they deny it, but when you look at the changed Opening rates compared to the T/P Rate (Take Profit Rate) you can see that the T/P rates are lower after changing the Opening rates and that is not possible, because no one will set up a T/P Rate which is lower than the Opening rate. Because you will make a loss when you start and that is never possible. Obviously they forget to adjust the T/P Rate 4. Truvecta is a scam and is stealing your money 4Changing the Opening rates by Truvecta, it costed me in 1 weekend € 243.So who knows, how many times they did that before.5. Truvecta is a scam and is stealing your money 5 I invested € 13.500. At a certain point I had a profit of € 18.000 so on September 1 my balance was € 31.000 so I wanted to withdraw € 11.000. But they said: “Wait, until the end of the month, because the Earning season is coming. So I waited. The result of that Earning Season was a loss of € 28.000! All the tradings were big lossesThey did that on purpose, because they did not want to pay me back earlier.6. Truvecta is a scam and is stealing your money 6 On September 18, 2024 I calculated my loss in stealings by Truvecta. The stealing was 1) changing the Opening Rates and 2) Calculating to much Swaps. My total loss in 1 day was € 710. They even dare to bring a Swap for ETHUSD, which is a 24/7 trading and because of that, there is never a Swap!7. Truvecta stealing continues 19-9-2024 7 Yesterday again stealing by Truvecta: changing the 5 Opening rates and swaps, which cost me € 495,- in 1 day!!
2024-09-23
Reply
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.