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EA Review: Tradenance T-BOT

Tradenance T-BOT is advertised as “the world’s fastest robot and profitable trading platform.” The developers claim that it’s effective trading Forex, crypto mining, social trading, block chain and CFD. The presentation is somewhat confusing, as it seems to be some sort of the catchall investment program. While it is advertised as a robot, it seems much more like a high-yield investment program with account managers.

Owned by Tradenance Incorporation Limited, the service launched on May 5th, 2019. So, as we write this review, the program is only 49 days old. The location of the company is not provided, but we are given the names of their CEO’s Kendrew Greg and Madeleine Madixon. As well as their technical head Hugo Charles, and investing partner Georgia Dominic. Our additional research has found no information about these contributors, so we are unsure about their trading history in these markets. In order to get in touch with support, traders can email support@tradenance.co.

Tradenance T-BOT Review

While the Tradenance T-BOT is advertised as a robot based software, traders do not get access to it. Instead, traders get access to a platform where they need to add their Bitcoins, and then sign up for a specific T-BOT plan based on how much money they are looking to invest.

It’s quite clear that this isn’t a Forex robot, which is very much like RoFX. Another system in this market that masquerades as an automated Forex expert advisor, but is actually some sort of high-yield investment program.

That being said, we will still review the system based on the same categories and ratings we do with the best Forex robots, as that’s how this vendor wants to represent their product.

Strategy

The vendor provides no information about the Tradenance T-BOT trading methodology.

This is a red flag. There doesn’t seem to be any good reason why the vendor isn’t providing any detail about their strategy, or the so-called expert advisor that they are promoting. It’s impossible for us to recommend a trading system to the public, that doesn’t give us a single inkling about its trading approach.

Robot Analysis

  • Type: Forex Robot (high-yield investment program)
  • Price: $100-$100,000
  • Strategy: Undisclosed
  • Timeframe: Undisclosed
  • Pairs: Undisclosed

In order to get access to the Tradenance T-BOT system, traders have to pay a $10 membership fee, and then deposit a specific amount of money to let the system trade on their behalf. This is certainly not the type of approach you see from Forex robot developers, as they actually provide a trading system. In fact, this doesn’t even seem like a copy trading system because the platform is so different and unlike anything else we seen in the Forex market. It seems much more like a high-yield investment program as we mentioned before, or some sort of binary options automated trading platform that was popular for very short fleeting time period.

Trading Results

On top of not providing any trading strategy, the Tradenance T-BOT team also fail to provide any trading results.

The vendor makes promises of being able to provide a daily gain of 2.75%, but nowhere on the website or in the back end platform are these numbers substantiated with any verifiable proof. It’s becoming more and more apparent as we make our way through this review, that the developers are providing us with a shell, and a bunch of unproven promises.

There is also a section labeled statistics, which they spelled incorrectly at the bottom of their sales page, with a claim to have over 75,000 members, over 11 trading professionals and clients in over 65 countries. We believe that these numbers are fake, because they are not substantiated and the product is simply not popular this point in time. We don’t believe that in just under 50 days, that this trading program has accrued over 75,000 members.

Which means, the only numbers provided on the website aren’t real, and there are no actual trading results for us to analyze.

Conclusion

It’s certainly still early, as the Tradenance T-BOT just hit the market over a month ago, but at this point in time we can’t provide a recommendation. The vendor is lacking in just about every important category that we rate products on. The group behind this project need to reestablish their goals, provide actual information about their trading approach, and the honest with what they are actually providing to the community. On top of this, they need verified trading results if they want to be taken seriously.

If you have anything you would like to add to the review, please comments and questions below the article now.

Tradenance T-BOT $100 Deposit
  • Pricing
  • Strategy
  • Results
  • Client Feedback
  • Customer Support

Summary

Tradenance T-BOT is a Forex robot and social trading platform that aims to gain up to 2.75% on a daily basis.

Overall
2.6
Comments Rating 0 (0 reviews)

Pros

Compatible with multiple platforms and assets
Multiple offices (supposedly)

Cons

Minimal strategy insight
No verified trading results

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

3 comments

  1. Muwanguzi charles

    Under which laws and regulations are these online businesses operate? Can’t we find any other way of getting our money back?

  2. Patience De Klerk

    Please activate the tradenance system that we can get our funds back

  3. How do we claim our money. As one of Tradenance member i had a huge loss. Since their can’t be found on the web

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