Cryptocurrency and forex platforms promising high returns and instant profits can be tempting—but also perilous. TradePower (accessible at tradepower.pro and variants) has recently come under serious scrutiny. Despite polished marketing, this review highlights the warning signs revealing it as a high‑risk scam with no regulatory oversight or financial credibility.

1. 🚫 Blocked by Italian Regulator CONSOB

On June 19–20, 2025, Italy’s financial authority CONSOB ordered the website to be blocked nationwide, citing illegal provision of financial services. Included in the blacklist, TradePower is now officially recognized by regulators as operating without authorization—immediately marking it as unsafe. ([turn0search0)

2. No Legitimate Regulation or Licensing

Despite claiming to be UK-based, TradePower is not registered with the UK Financial Conduct Authority (FCA), nor any reliable regulator such as ASIC, CySEC, FSCA, or FSC. Independent reviews confirm there is no valid regulationbacking its operations. That means user funds are unprotected—potentially manipulated or misused without any oversight. ([turn0search0turn0search7turn0search5)

3. Anonymous Ownership & Offshore Operations

TradePower appears to be a shell company—registered in offshore jurisdictions or with hidden ownership. Its registrations often trace to places like Saint Vincent and the Grenadines or the UK, but no corporate filings or verifiable details exist. This anonymity shields operators from accountability and leaves users with no entity to hold responsible. ([turn0search2turn0search7turn0search4)

4. Fake Website Promises & Hidden Realities

TradePower markets itself with high-tech interface, promised returns, and broad asset offerings (forex, stocks, crypto, commodities), often delivered via MT5 platforms. But reviews note that these platforms are provided through dubious vendors (e.g. Stockton Ltd) and may simply manipulate trades or misprice accounts. Technical polish may hide serious dysfunction underneath. ([turn0search2turn0search4)

5. Withdrawal Issues & Hidden Fees

Users across multiple review sites describe strikingly similar experiences: smooth deposit process, followed by blocked withdrawals, demands to pay unexpected fees, or just complete unresponsiveness from support. TradePower reportedly places arbitrary restrictions on accounts to retain control of deposits and avoid payout. ([turn0search10turn0search5)

6. Extremely Low Credibility from Risk Watchdogs

Industry analysis platforms consistently assign TradePower a very low reliability score. WikiFX flags it as unregulated and high risk, with no valid licenses and no visible corporate structure. FraudNotify describes it as a typical offshore scam with anonymous ownership and unjustifiable risk to users. ([turn0search7turn0search5)

7. Unrealistic Promises & Pressure Tactics

TradePower uses common scam tactics: promises of high liquidity, high leverage, and guaranteed gains. Meanwhile, independent reviews confirm that there’s no actual transparency about deposit risk, commission structure, or profit mechanics. High-pressure upsells, retention agents, and exaggerated earnings are typical features reported by concerned users. ([turn0search5turn0search10)

8. Fraud Patterns from Reddit and User Posts

Online commentary draws a predictable scheme:

“If the domain has only been registered for a few days/weeks/months, it’s usually a good indicator it’s a scam.”
“They will show early small wins then demand fees to unlock withdrawals.”
“Fake crypto platforms often let you deposit easily—but not withdraw.”
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Users in forums warn that they were baited into investing via dating apps or cold outreach, built trust through staged earnings, and then blocked when attempting to withdraw—just like TradePower’s reported patterns.

9. Shared Hosting with Dubious Sites

According to analysis, TradePower operates on servers and registrars shared with many other suspicious platforms—suggesting a coordinated network of fraudulent operations. That kind of infrastructure is often used to quickly launch and abandon scam sites. ([turn0search2turn0search4)

10. No Customer Support or Legal Documentation

TradePower lacks real transparency: no clear legal terms, no refund policy, no risk disclosure, and no meaningful contact information (just generic email and offshore numbers). This absence of support infrastructure eliminates any recourse if money is lost. ([turn0search5turn0search9)

11. Scam Formula That Follows HiP (High‑Pressure Investment) Blueprint

The typical lifecycle of platforms like TradePower runs as follows:

1. Slick website and ads lure investors with promises of profit.

2. Initial deposits show fake growth in shady dashboard.

3. When withdrawal is requested, user is stalled, told to upgrade, or asked for more fees.

4. Once funds are trapped, communication stops, site goes dark.

5. Victims lose funds, and scammers vanish.

TradePower’s behavior strongly matches this documented scam structure, including real user complaints and third-party warnings. ([turn0reddit14turn0search5turn0search0)

12. Summary of Key Red Flags

13. Why You Should Not Use TradePower

If you choose to engage with TradePower, you face multiple risks:

• Loss of deposited funds with no regulatory protection

• Exposure to identity theft or personal data misuse

• False profit illusions that end in blocked withdrawals

• Unethical pressure to deposit more funds or pay “fees”

• No customer support, and no legal path to resolution

Simply put: the platform is structured to extract money, not to facilitate real trading.

14. How to Protect Yourself Digital Financially

Before engaging with any trading platform:

• ✅ Verify licensing via regulators (e.g. FCA, CySEC, ASIC, CONSOB)

• ✅ Research domain age and ownership transparency

• ✅ Evaluate third-party reviews or user complaints

• ✅ Test the platform with small deposits and withdrawal capability

• ✅ Confirm presence of legal documents and real support contacts

• ✅ Avoid platforms replicating the same scam across multiple domains

If a platform fails any of these checkpoints, walk away.

✅ Final Takeaway

TradePower (tradepower.pro and related domains) is a high-risk scam platform operating without regulation, transparency, or financial safeguards. It lures users with high-return promises and professional design, then traps funds behind withdrawal fees and communication barriers. It’s been officially blocked by regulators and repeatedly flagged by credible financial watchdogs. If you’ve seen their ads or been approached via social messaging or dating sites, disengage immediately.

Focus your investments only on platforms with verifiable licenses, regulated oversight, and solid user reputations—not on offshore operations designed to vanish with your funds.

2. Report TradePower and Recover Your Funds

   If you have lost money to TradePower, it’s important to take action immediately. Report the scam to BRIDGERECLAIM.COM , a trusted platform that assists victims in recovering their stolen funds. The sooner you act, the better your chances of reclaiming your money and holding these fraudsters accountable.

   Scam brokers like TradePower continue to target unsuspecting investors. Stay informed, avoid unregulated platforms, and report scams to protect yourself and others from financial fraud.