Reinhard S.

TRADEWELL.IO is a big SCAM. Tradewell.io is a professional criminal organization with the goal to steal your money. On Facebook I saw an advertisement from Kryptonex Research Group that the Swedish Government decided to launch its own crypto coin as a base currency, and that Kryptonex was selected by the Swedish Government to market this coin. In their advertisement they used fake statements from billionaires (Bill Gates, Microsoft; Richard Branson, Virgin Group; Eric Schmidt, former Exec. Google; Peter Thiel, founder Paypal) that this coin is an excellent investment, that lots of millionaires will be created over night. There is an on-line form where you can open a trading account and receive further information. If you contact them you will be contacted in return by Tradewell.io. Either Kryptonex is part of Tradewell.io or they have a working relationship, were Kryptonex gets referral fees. Now Tradewell.io contacts you permanently, and works on you to open a trading account and make your first deposit. They use all kind of psychological tricks to achieve this goal. Now they are trading with you on their trading platform, they call you and tell you what orders you should place (they also contact you via Zoom Support, they can see your computer screen, give you support and further instructions). The results are usually positive, and your account starts to grow. Now they start working on you to deposit more and more money to upgrade your account (check on their website, they offer 5 different account types: Basic, Silver, Gold, VIP, Diamond based on your investment amount). Based on your deposits, and selected account you will receive bonuses from Tradewell.io, which makes your account grow faster. You get bombarded with phone calls, there will be senior trading managers with lots of experience, who use in-house special market analysts for selecting good trade possibilities. For example there are some specialist to do some "High Frequency" trading sessions with you, were they predict 10 to 15% return based on your account value. The results were really impressive. Your account starts to grow. Now you reach a point, were you do not want to deposit any more money into your account, you made your decision to stay with a selected account, continue trading and start to withdraw profit. Suddenly your trading results turn really negative. Tradewell.io is selecting very risky, high volume trades with trading pairs with very high spreads. There are even trades, when they are opened, immediately they are closed automatically due to the high spread, when the trade is going against you. Tradewell.io wants you to loose now because they get the spread, this is how they make very quick lots of money with lots customers. When all your deposits are gone, nobody calls you anymore, all your efforts to speak to someone are unanswered, your e-mails are not answered anymore. Maybe there is some money left in your account but because it falls under the bonus policy you never will see any of this money either. This is only a short report about my very extreme negative experience with this criminal organization but it should be enough to get the picture. Hopefully it helps those, who consider working with them to stay far away from them, and not loose lots of money like I did. If you, who reads this has the same experience with Tradewell.io, please post your experience as well, and help protect potential investors. STAY AWAY FROM THIS CRIMINAL ORGANIZATION, IT'S A BIG Scam.