In 2017, TradeRush, a binary options broker, was caught red-handed cheating their customers. They ended up changing their name to TR Binary Options. It 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 binary scams in the financial world. However, First Option Recovery was quick to decipher 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.
True to its approach, First Option Recovery is one of the world’s best fund recovery firms. The team of experts here has crafted the best recovery solutions for you, and our unique approach to the game has made us invincible in our 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. The team has recovered over $19 million so far, has worked with 2100+ clients, some of them being repeat clients, and with our success rate of over 90%, we are the best in the game.
WHY MANY INVESTORS STILL BELIEVED IN INVESTING IN TRADERUSH?
Marketing is the core domain of any financial firm, and TradeRush fully rose to the marketing domain’s opportunity. They invested a lot in social media campaigns, digital marketing campaigns, and paid advertising on various binary options firms.
All major financial websites had a positive review of the website, written in an entirely professional manner. Unfortunately, that didn’t last long as our team at First Option Recovery soon discovered that most reviews are fake, thus busting the TradeRush Scam all and once for all. Many users from different forums soon 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 blind side 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 ten 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 to be released directly via wire transfer. And that was my biggest mistake. After a few days, they asked me to make a bigger deposit because the tax department held my profits. That’s when I realized that I had 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 no response from their site. Customer service is nothing but a hoax to sense a sort of appeasement in an investor’s mind. However, when a binary options broker doesn’t have good customer service, there is a cent percent chance of being a scam.
The lack of customer support is the last thing you would expect from the broker, thus paving the way towards the TradeRush fraud.
IRREGULAR ALGORITHM
The trading platform algorithm that TradeRush is providing is the minor thing that you would expect from an options broker. It was good enough to bust the TradeRush Scam. I mean, if you deposit approximately $1000, it would be converted to $30,000 within a few days.
It is a mockery of the trading world. How can it even be possible to give a 3000% return on your money within a few days?
These brokers have started to consider naive traders as simple puppets who don’t know anything about trading. Even an uneducated trader who doesn’t know anything about the trade tips and tricks would not fall for such insane returns.
PLAGIARIZED EDUCATION MATERIAL
The team of researchers at First Option Recovery searched a lot due to the plagiarization of many financial materials across the globe and found out that TradeRush has also plagiarized its material. Thanks to its copied education material, the TradeRush Scam was enough to be unfolded.
Many 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 consists of plagiarism. They have lifted the material from some other source and pasted it on their website. A broker who doesn’t work hard to give its customers suitable material should never be trusted.
WHAT TO DO IF YOU HAVE LOST MONEY IN TRADERUSH SCAM OR WITH OTHER BINARY OPTIONS BROKERS?
Despite the repeated warnings, many traders invested their money in the TradeRush Scam and lost it. Sometimes, experienced traders fall for such a nuisance regularly. Be it a beginner or a professional trader. The best option is to contact us at First Option Recovery.
As a fund recovery firm, we dedicate ourselves to helping you recover your funds, no matter how they are lost. Our expert team of bankers, attorneys, and private investigators work around the clock to ensure your funds’ safety and ensure that they return to you at the earliest.
We don’t take due commission before the funds are released, and we proudly boast of being associated with the best attorneys across the globe. If you are a victim of the TradeRush Scam (or any crypto scam or binary scam in general), contact us, and we will get back to you at the earliest.