Review: Scam Or Legit? | Recover Lost Funds

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Summary has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Trader AI. We’ve received over 5 complaints against

Kieran established in 2019 to revolutionize proprietary trading by offering superior trading algorithms. However, in 2024, Traderseed halted operations, claiming broker problems, regulatory hurdles, and restrictions on US traders. This sparked suspicions about the firm’s authenticity and possible fraudulent actions. Mixed evaluations, operational issues, and a rigorous trading approach all contributed to concern regarding Traderseed’s credibility.

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Key Takeaways has lost investors thousands of dollars website owner is anonymous
Vague terms of service

Is Regulated? Do They Have a License?

Kieran established in 2019 with the objective of transforming the proprietary trading industry by providing prospective traders with cutting-edge trading systems. The company’s objective was to assist traders in achieving success in prop trading, a field that is renowned for its competitive nature and high stakes. Nevertheless, in 2024, Traderseed declared its intention to cease operations, which prompted apprehensions regarding its legitimacy and potential as a fraudulent enterprise.

Traderseed Homepage

Traderseed declared an imminent cessation of operations on February 27, 2024, due to the insurmountable obstacles in the proprietary trading sector. The primary reasons for this decision were the inability to procure a replacement broker and the cessation of services by their broker, Eightcap.

Furthermore, the regulatory requirements for a brokerage license and the restrictions imposed by Metaquotes on U.S. traders posed substantial obstacles. The company’s decision to discontinue its services was ultimately the result of these challenges.

The lack of regulation or the presence of poor regulation is a huge red flag. It means is a scam and most likely, an illegal operation.

Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.

That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.

In the case of, victims have nowhere to go due to the absence of a watchdog or license.

You should ask yourself the following questions when you come across a new investment firm or opportunity:

  • Does the investment provider maintain transparency about its CEO?
  • Do they have a license from a renowned regulatory authority?
  • If the need arises, can I reach out to an authority to report this company as a scam?


Concerning Issues Present at

Multi-level trading challenges were the focal point of Traderseed’s business model. In order to commence trading, traders were obligated to pay an initial fee and were provided with fixed payments upon completion of each level, as opposed to a portion of the profits.

This structure was appealing because of the potential for substantial returns; however, it also required traders to consistently pass challenges in order to receive payments. The firm’s allure was further enhanced by its policy of not charging any additional monthly or trading fees. However, the stringent drawdown limits and the 30-day deadline for generating profits at each level presented substantial obstacles for numerous traders.

An anti-money laundering (AML) policy was implemented by Traderseed in order to ensure compliance with legal obligations and prevent the commission of illicit activities. This policy required the identification of clients and prohibited the acceptance of high-risk clients without the implementation of enhanced due diligence. Traderseed sought to prevent money laundering and terrorist financing by implementing these measures, which ensured compliance with relevant laws and regulations.

Traderseed’s terms and conditions contained numerous disclaimers that served as warning signs for prospective users. The company disclaimed any warranties regarding the accuracy of its services and restricted its liability for indirect or consequential damages.

Additionally, the terms permitted Traderseed to modify the agreement at any time, which could potentially disadvantage users. The increasing apprehensions regarding the legitimacy of the company were exacerbated by the company’s abrupt closure and these legal caveats.

However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.

They might give you multiple reasons including:

  • A technical error
  • A glitch in their system
  • Banking issues
  • A “hacking attack”

And many others.

But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.

If you want to get your money back from a scammer, you’d need to file a chargeback.

4 Customer Service: Do They Handle Complaints Well?

Traderseed maintained an active presence on social media platforms such as Facebook, Twitter, and YouTube, despite the operational challenges. The company consistently communicated with its community and provided updates, thereby cultivating a sense of engagement among its users. Nevertheless, email was the primary method of customer support, which some users found to be less immediate and responsive than live chat or phone support.

Numerous clients expressed their dissatisfaction with the absence of immediate assistance.

When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.

In the beginning, scammers tend to remain very accessible.

This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.

However, they do all this just to win your trust.

Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.

Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.

All of a sudden, their numbers would either stop responding or become unavailable.

Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.

However, in the end, customer support won’t resolve your issues and become increasingly unavailable.

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5 Reviews: What Do Others Say?

Traderseed had received a variety of reviews from its consumers prior to its closure. The organization maintained an impressive 4.8-star rating on Trustpilot, with numerous users commending the founder, Kieran, for his transparency and assistance, as well as the company’s innovative methodology.

Traderseed trustpilot reviews

It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.

Scammers like tend to purchase fake reviews for their online profiles to make themselves seem more credible.

TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.

That’s why you shouldn’t trust reviews easily.

It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.

In the case of, chances are, you wouldn’t find many legitimate reviews.

Another prominent way scammers like enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.

This way, when you’ll look up “ reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising reviews coverage

You should always look out for consumer complaints. In the case of, the most common complaints I found were about:

  • Poor customer support
  • Delays in payments
  • High fees
  • Lack of transparency regarding their leadership team
  • Aggressive sales staff

Do you have a similar complaint about You can share your complaint in the comment section or submit an anonymous tip.


Is Legit Or a Scam? is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.

The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.

The absence of a watchdog also means you cannot report to them to anyone.

Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.

Can You Trust

Since Traderseed’s services were abruptly cut off, along with major operational problems and mixed reviews, there are serious questions about its legitimacy. Some users had good experiences and praised the company’s creative approach, but the total risk and recent events suggest that people who want to trade should be careful.

Traders were unhappy and skeptical because the company kept all of their profits, there was a strict 30-day deadline for making profits, and they had to start over from the beginning cost after going over their decline limits.

Finally, Traderseed’s rise and fall can be seen as a warning sign in the uncertain world of proprietary trading. Potential buyers should carefully consider all the risks of a trading platform before committing to it. They should also look at other, more reliable options.

All the evidence suggests that is a scam. If you have lost money to them, there is still a chance you can get it back.

To recover your funds, you’d need to file a chargeback.


Frequently Asked Questions

Is a scam?

According to the online reviews of this company, it’s highly probable that is a scam. You should exercise caution when dealing with them.

Can I withdraw money from

Yes, you can withdraw your funds from by getting in touch with one of our experts. Get your money back immediately.

Where is Located?

There is no information available on the location of

How do I get my money back from

To get your money back from, you can file a chargeback. Learn more here.

How The Online Scam Works

Launch a website/app with a generic name

A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.

Pay influencers & social media pages to promote the scheme

By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.

Send thousands of emails and make cold calls to potential victims

It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.

Make victims feel safe through “small wins”

Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.

Convince victims into investing large sums of money

Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.

Disable withdrawals & take down the website/app

Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.

Repeat the cycle

After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.

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