Traderspros Deposit & Withdrawal

Traderspros, operating through AND Corp Limited, is an unregulated broker that has drawn serious scrutiny from FXCanary. The firm claims to offer trading in forex, indices, stocks, and commodities, but its funding operations are shrouded in secrecy. Critically, the broker fails to disclose any deposit or withdrawal methods, making it impossible for traders to know how their money will be handled.

This lack of transparency is compounded by a flood of user complaints alleging that deposits are readily accepted, but withdrawals are systematically blocked. FXCanary’s investigation has found no legitimate licensing that would protect client funds, placing traders at extreme risk.

The account structure at Traderspros is designed to extract maximum capital from unsuspecting traders. The lowest tier, the “BASIC” account, requires a deposit of 5,000 EUR – a staggering sum for retail traders. The “ADVANCED” account demands 25,000 EUR, the “EXPERT” account 75,000 EUR, and the “CAPITAL” account has a custom, likely even higher, minimum.

Despite these lofty requirements, the broker provides no details on how deposits can be made. There is no mention of bank wire, credit card, e-wallets, or any other standard funding channels. In practice, traders report being contacted by aggressive salespeople who guide them to transfer money, often with a sense of urgency.

This opacity sets the stage for trouble. A broker that is open and legitimate would proudly display its payment partners and processing times. Here, the silence is a warning that funds may not be handled securely or transparently.

Even more alarming is the total absence of withdrawal information. Traderspros does not list any supported withdrawal methods, processing times, or fees. In a regulated environment, brokers are required to process withdrawals promptly and provide clear terms. The void here suggests either a lack of infrastructure or an intention to hinder clients from retrieving their money.

FXCanary’s analysis of user reports reveals a consistent pattern: clients who attempt to withdraw are met with silence, excuses, or demands for additional deposits. The lack of a regulator means there is no external authority to enforce withdrawal rights, leaving clients entirely at the broker’s mercy.

The Trustpilot review section for Traderspros is a testament to broken promises. With 55 reviews averaging 1.4 out of 5, the feedback is overwhelmingly negative, and withdrawal issues dominate. One user reported depositing 10,000 EUR and later generating a profit, only to be denied when trying to access the funds: “I ordered the withdrawal and never got my money back.”

Another client lamented, “No good when you’re trying to withdraw money,” echoing a sentiment found across a dozen such complaints. A different trader detailed depositing £120 and receiving nothing – not even a receipt – and their subsequent requests for a refund were ignored.

These are not isolated incidents. The consistency of these reports points to a systemic refusal to honor withdrawal requests. In several cases, victims were directed to third-party recovery services, indicating that the broker itself offered no resolution. The emotional toll is evident, with many calling their experience a scam.

The asymmetry between depositing and withdrawing is a hallmark of fraudulent operations. Traderspros appears to follow this blueprint exactly. Users routinely describe how their money was taken quickly and without friction, but when they attempted to withdraw profits or return of capital, the process became impossible.

A review states: “I made a deposit but didn't get anything back.” Another: “Toolstraders assigned me this platform... When I ask for Withdrawal, the support team said your account manager needs to approve.” Such gatekeeping is a red flag; legitimate brokers process withdrawals electronically without human intervention designed to obstruct.

The broker’s website reportedly changed or went offline, a tactic often used by scams to erase a trail. FXCanary’s probe found no evidence that a single withdrawal has been successfully processed without external intervention. The firm’s 0-employee listing suggests it may be a shell entity, incapable of running a genuine brokerage.

When withdrawal requests hit a wall, traders naturally turn to customer support. But at Traderspros, support is either unresponsive or actively hostile. One victim noted, “I tried to contact their support but never got a response.” Another reported that after losing money, the firm “wanted me to invest more money which I didn’t.”

The phone calls described in reviews are particularly disturbing. After an initial deposit, relentless calls from Israeli numbers push for more funds. One user described the ordeal: “They scammed me out of £250 they tried to get me to transfer more money to them. Then I get calls every day.” This indicates a boiler-room operation focused solely on extracting cash.

The company name AND Corp Limited, registered in the UK, provides a veneer of legitimacy, but FXCanary’s checks reveal it has no regulatory permissions and no presence. The combination of high-pressure tactics and absent support is typical of a wave-and-gone scheme.

Even beyond the withdrawal blockage, traders may be losing money to undisclosed costs. Traderspros provides no information on spreads, commissions, or overnight fees. This lack of transparency means clients have no way to assess the true cost of trading, and hidden fees could silently erode their capital.

Some reviews hint at difficult platforms and “advice” that led to rapid losses, suggesting that the broker might be manipulating prices or encouraging losing trades. One user said, “I invested £200 which after taking their ‘advice’ I lost.” While not a direct funding issue, it complements a picture where the only goal is to part clients from their money.

In a regulated environment, fee structures are disclosed and monitored. Here, the opacity serves the broker’s interest, not the trader’s. Combined with blocked withdrawals, it creates a perfect storm where funds are trapped and gradually consumed.

FXCanary assigns Traderspros a Scam Risk Score of 75 out of 100 (Severe). The data is unambiguous: no regulation, no transparency on funding methods, a mountain of withdrawal complaints, and a zero-employee corporate shell. We strongly advise against depositing any funds with this entity.

For traders, the lesson is critical. Always verify a broker’s regulatory status with a top-tier authority (FCA, CySEC, ASIC, etc.) and check that they publicly list deposit and withdrawal methods, fees, and processing times. Avoid any broker that demands high minimums without clear service terms.

If you have already fallen victim, immediate contact with your bank or card issuer is essential to explore chargeback options. Several reviewers reported success after pursuing chargebacks through their banks. Additionally, report the broker to financial watchdogs and consumer protection agencies to help prevent others from being scammed.

Ultimately, the safest funding approach is to stick with well-regulated brokers that offer segregated client accounts and dispute resolution mechanisms. In a market rife with deception, caution is the trader’s best defense.