Back in 2017, when a binary options broker TradeRush was caught red-handed cheating their customers, they ended up changing their name to TR Binary Options. This is the first time someone has seen such a nuisance in the binary options industry, where a broker changed its complete identity only to scam victims once again. The TradeRush Scam is one of the most popular and shrewdly committed scams in the financial world. However, First Option Recovery was quick to decipher the fact that both were indeed the same broker at the end of the day trying to use the same old tried and tested techniques to dupe investors of their hard-earned money.
First Option Recovery, true to its approach, is one of the best fund recovery firms in the world. The team of experts here has crafted the best recovery solutions for you and our unique approach to the game has made them invincible in its approach towards the game of fund recovery. You need to know a few facts about First Option Recovery as we have been in the fund recovery process for over a decade now. The team has recovered more than $19 million so far and has worked with over 2100+ clients, some of them being repeat clients and with our success rate of over 90%, we are definitely the best in the game so far.
Why many investors still believed in investing in TradeRush?
Marketing is the core domain of any financial firm and TradeRush fully rose to the opportunity when it comes to the marketing domain. They invested a lot on social media campaigns, digital marketing campaigns, and also paid advertising on various binary options firms. All major financial websites had a positive review of the website, which was written in a completely professional manner. Unfortunately, that didn’t last long as our team at First Option Recovery soon discovered that the majority of the reviews are indeed paid and fake, thus busting the TradeRush Scam all and once for all. Soon a lot of users from different forums complained about its authenticity, especially when it came to withdrawals.
Same old withdrawal issues
Users from all across the globe complained to us at First Option Recovery about TradeRush constantly turning to the blindside when it came to withdrawals in the platform. To quote Jonathan from Texas, “TradeRush scam is the biggest scam in the making. They told me to invest an amount of $100 and they will make sure that it surges up to $2000. I opened an account as per their say. Within a good solid 10 days, they filled my account with over $15,000. That’s when I decided to withdraw my funds. They asked me to deposit an extra $1000 so that the money can be released directly via wire transfer. And that was my biggest mistake. Again, after a few days, they asked me again to make a bigger deposit because the tax department is holding my profits. That’s when I realized that I have been a victim of the TradeRush scam. I urge every investor to not fall for them.”
Lack of customer support
Everyone is not like First Option Recovery which dedicates a team of selected members to its customer support team. Unfortunately, that’s not the option with TradeRush. It is said to offer 24-7 customer support either via phone or email. However, when contacted, there was absolutely no response from their site at all. The customer service is nothing but a hoax that has been provided to sense a sort of appeasement in the mind of an investor. However, it is highly suggested that when a binary options broker doesn’t have a proper customer service there is a cent percent chance of it being a scam. The lack of customer support is the last thing that you would expect from the broker thus paving a way towards the TradeRush scam being unfolded.
The algorithm of the trading platform that is being provided by TradeRush is the least thing that you would expect from an options broker. It was good enough to bust the TradeRush Scam. I mean, if you make a deposit of approximately $1000, it would be converted to $30,000 within a few days. To be honest, it is a mockery of the trading world. How can it even be possible to give a 3000% return on your money that also within a few days?
These traders have started to consider naive traders as simple puppets who don’t know anything about trading at all. Even an uneducated trader, who doesn’t know anything about the tips and tricks of the trade would not fall for such insane returns.
Plagiarized Education Material
The team of researchers at First Option Recovery searched a lot owing to the plagiarization of a lot of financial materials across the globe and found out that TradeRush has also plagiarized its material. The TradeRush Scam was enough to be unfolded, all thanks to its copied education material. A lot of binary options brokers provide free educational material on their website for traders who are new to binary options trading. The same goes for TradeRush Scam where you can see that there is a lot of trading material available on the website for the sake of a newbie. If you don’t like to read directly from the web, they also have an ebook option for you. However, an investigation into the material shows us that the entire material provided by TradeRush is completely plagiarized by them They have simply lifted up the material from some other source and pasted it on their website. A broker who doesn’t work hard to provide the right material to its customers should never be trusted.
What to do if you have lost money in TradeRush Scam or with other Binary Options Brokers?
In spite of the repeated warnings, a lot of traders invested their money in the TradeRush Scam and lost it. Sometimes, it is seen that even experienced traders fall for such a nuisance on a regular basis. Be it a beginner or an experienced trader, the best option is to contact us at First Option Recovery. We, as a fund recovery firm has been firmly dedicated to helping you recover your funds, no matter how they are lost. Our expert team of bankers, attorneys and private investigators work round the clock to ensure the safety of your funds and make sure that they are returned to you at the earliest. We don’t take due commission before the funds are released, primarily because of the industry standard No Win No Fee guarantee that we proudly boast of being associated with. If you are a victim of the TradeRush Scam, contact us and we will get back to you at the earliest.