Overview of DeckTrade
DeckTrade describes itself as a trading platform available worldwide, offering traders a secure and transparent environment for trading. The platform prizes fast deposits and withdrawals, access to several platforms, and customer support. It has low spreads and comprises many markets.
Customer Experiences Raise Concerns
Despite its polished image, DeckTrade fares poorly on Trustpilot, garnering just 2.8 stars, with some rather disturbing reviews. There are reports of problems faced by users, e.g., withheld withdrawals; outright strategies of deception to get customers to deposit money; in some scenarios, the users come forward and say, “Scam!! They trick you into making a deposit, and then they block any withdrawals.”
Regulatory Red Flags
Another major concern is that DeckTrade has been warned by FINMA (Swiss Financial Market Supervisory Authority) about potential non-compliance with financial regulations. This is a major strike against the platform’s credibility and trust.
Final Thoughts
While DeckTrade may seem like an appealing platform, user complaints and regulatory warnings should raise concerns. If you’re thinking of using this platform, make sure to do your due diligence before making any deposits.
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