Trade Union Is Not Traders Union: What's The Difference

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Traders Union - one of the leading global companies, shaping the future of trends in the information field in financial markets. Authors and company experts create analytical and educational materials of the highest quality, which are read by millions of investors around the world. Mission Traders Union - make the world of finance more transparent and accessible to everyone.

Traders Union

Trade Union is an unregulated scam company, using the name Traders Union to defraud clients and financial extortion. It parasitizes on the reputable brand to gain the trust of users.

Trade Union scam

In the finance field, many companies are offering their services to traders (training, trading, investing), but not all of them act honestly. In this article, we will take a closer look at the differences between Traders Union and a fraudulent company with a similar name - Trade Union to help you figure out who to work with and who to avoid.

Comparison of Traders Union and Trade Union: What is the difference?

1. Availability of legal grounds for activity

Work in the legal field is a key factor when choosing a financial partner. The presence of permits from authoritative supervisory authorities guarantees the safety and transparency of the company’s work.

Traders Union:
Traders Union is not a broker, but operates as an independent information and financial portal, offering traders objective data about brokers, exchanges, and prop companies. The platform analyzes the licenses of organizations that provide services to users. Among the regulatory authorities that partner brokers work with: Traders Union, we can highlight such authoritative regulators as CySEC (Cyprus Securities and Exchange Commission), FCA (UK Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), and NFA (US National Futures Association).
Trade Union:
Unlike Traders Union, Trade Union does not have any license. Upon verification, it turns out that the company is not regulated by any reputable financial authority. Lack of licensing is a major red flag. This means that your funds are not protected, and scammers can disappear from view at any time.

2. Work experience

A long period of work on the market is often an indicator of the stability and reliability of a company.

Traders Union:
Traders Union was founded in 2010 and has been successfully helping traders find reliable brokers for over 14 years and avoid scams. During this time, the platform has accumulated a wealth of experience in the field of financial services and analytics, earning the trust of more than 1.5 million traders worldwide.
Trade Union:
Accurate Trade Union's working life is difficult to determine since scammers often change names and domain addresses to hide from clients. This is another red flag. It is known that the Trade Union began to actively advertise on the Internet starting in 2022, which is also confirmed by the abundance of negative reviews.

3. User reviews

User reviews can tell a lot about a company's reputation. It is important to pay attention to the experiences of real customers.

Traders Union:
Traders Union has received thousands of positive reviews from its users. More than 90% of traders note the high quality of analytics and the usefulness of Traders Union recommendations when choosing brokers. The average rating on popular resources is 4.8 out of 5. Users emphasize the reliability of the platform and quality customer support.
Trade Union:
Here the situation is the opposite. You can find it on the Internet more than 1,000 negative reviews about Trade Union. Traders complain about the inability to withdraw their funds, manipulation of trading accounts, and false promises. On popular forums and platforms, reviews of Trade Union are rated 1.2 out of 5 on average, and most users confirm that their funds were blocked after making a deposit.

Comparison table between Traders Union and Trade Union
Criterion	Traders Union	Trade Union
Availability of grounds for activity	Partnership with regulated brokers: CySEC, FCA, ASIC, NFA	Lack of regulation
Year of foundation	2010	Judging by the reviews, active since 2022
Number of users	More than 1.5 million users	Unknown
Number of reviews	Thousands of positive reviews (more than 90% of clients are satisfied with the variety and quality of information)	Over 1,000 negative reviews
Average rating	4.8 out of 5	1.2 out of 5
Main complaints	No complaints	Inability to withdraw funds, false promises, manipulation of trading accounts
Training	Free educational materials, articles, ratings, analytics, news	No information about access to training materials

Basic “red flags”: how to avoid scammers

To avoid being scammed, it's important to recognize key red flags. Here are a few signs that indicate a scam:

Lack of regulation
Reliable brokers are always licensed by one or more financial regulators such as FCA, CySEC, ASIC, or NFA. If a company is not regulated, your money is not protected.
Promises too good to be true
Fraudsters often attract customers with unrealistic promises. If the terms seem too attractive, be careful. Reliable companies always warn about the risks associated with trading.
Negative reviews
Before entrusting funds to a broker, be sure to check reviews on the Internet. If you find many complaints about the inability to withdraw funds, manipulation of trading accounts, and ignoring support, this is a clear sign of fraud.
Lack of transparency
Reliable brokers openly publish information about their licenses, offices, and owners. If a company hides legal information or uses complex schemes to disguise itself, it is worth considering its integrity.
Poor customer support
Reliable companies always provide high-quality and fast support. If they don’t respond to you for a long time or completely ignore your requests, this is another sign of a fraudulent company.

Don’t rush to trust bright slogans

When you choose a financial partner, do not rush to trust bright slogans and attractive bonuses. Always check whether the company operates legally and whether it has had any problems with the law. This is not just a formality - having a license means that the money is protected and you are working with an honest partner.

Feedback from other traders is also important. Before you start working with a company, read real user reviews. This is a valuable source of information that will show what is going on behind the scenes. If people often complain about problems with withdrawing funds or talk about enslaving trading conditions, this is a good reason to think about the advisability of working with such a broker.

I have repeatedly met traders who trusted fraudulent companies like Trade Union and lost their money. These companies disguise themselves as well-known brands and use similar names to mislead. However, their only goal is to deceive and steal other people's savings. Do not trust those who promise high returns without risks. This is impossible.

Conclusion

If you are a trader and are looking for a reliable broker, it is extremely important to avoid companies such as Trade Union. This is a scammer who is using the name and reputation of Traders Union to attract customers and deceive them. The organization is not regulated, has many negative reviews, and blocks the withdrawal of funds. Their promises of easy profits are false and many traders have lost their money working with them.

Choose brokers that are licensed and transparent. Always check real user reviews, verified contact details, and whether it is regulated by reputable financial authorities such as CySEC, FCA, or ASIC.

By working with a company like Trade Union, you are putting your money at risk. Be sure to do thorough research and never trust brokers who make unrealistic promises or withhold important information.

FAQs

Trade Union claims to be affiliated with Traders Union. Is it true?

No, Trade Union is not affiliated with Traders Union. This is a false statement to manipulate customers.

I invested in Trade Union. Can I return money?

This is difficult, but you can try to get the money back by contacting a specialized chargeback service or filing a complaint with the financial authorities.

Trade Union promises high profits without risks. Can you trust?

No, promises of high profits with minimal or no risks are a clear sign of fraud. Be careful and avoid such companies.

I can't find any real Trade Union contacts. Is this a scam?

Yes, the lack of real contact is a warning sign. Reliable companies always provide a complete list of communication channels.

Team that worked on the article

Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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