Trade Ibkrtrade (https://trade.ibkrtrade.com/) presents itself as a brokerage platform but operates under deceptive practices, masquerading as the reputable Interactive Brokers. This review aims to dissect the fraudulent nature of Trade Ibkrtrade, shedding light on its mimicry and lack of legitimacy.

Impersonation of Interactive Brokers

One of the most alarming aspects of Trade Ibkrtrade is its deliberate attempt to mimic Interactive Brokers, a well-established and respected brokerage firm. Trade Ibkrtrade utilizes a similar URL address, logo, and branding elements to create the illusion of association with Interactive Brokers. This blatant impersonation is a classic example of phishing tactics, where unsuspecting users are misled into believing they are dealing with a trusted entity when, in fact, they are falling into a trap set by malicious actors.

Creation Date of the Website

The domain name IBKRTRADE.COM was registered on April 5, 2024, according to information obtained from the registrar. This recent creation date is indicative of a potentially fraudulent operation, as legitimate brokerage firms typically have a longer track record and established online presence.

Who Is This Broker Recommended For? 

Trade Ibkrtrade is not recommended for any type of investor. Its deceptive tactics and lack of transparency make it unsuitable for individuals seeking genuine brokerage services.

Regulation and Security

Unlike legitimate brokers, Trade Ibkrtrade lacks any regulatory oversight or security measures. Operating without proper authorization, it exposes users to significant risks of financial loss and fraudulent activities.

Trading Platforms

The platform offered by Trade Ibkrtrade is merely a façade, with no genuine trading functionality. Users are lured into a false sense of security, believing they are accessing the services of Interactive Brokers, only to realize they have fallen victim to a scam.

Account Types

There is no information available regarding account types on the Trade Ibkrtrade website. This absence of transparency further underscores its fraudulent nature, as legitimate brokers typically provide detailed information about account options.

Deposit and Withdrawal Methods

Trade Ibkrtrade fails to provide any information regarding deposit and withdrawal methods, another red flag indicating its lack of legitimacy. Legitimate brokers offer multiple secure methods for funding accounts and withdrawing funds.

Pros & Cons

• Pros: None
• Cons: Lack of regulation, deceptive practices, absence of transparent information, high risk of financial loss.

Conclusion on IBKRTrade

Trade Ibkrtrade is a fraudulent brokerage platform that preys on unsuspecting investors by impersonating Interactive Brokers. With no regulatory oversight, transparency, or genuine trading services, it poses a significant risk to anyone who interacts with it. Investors should exercise extreme caution and avoid engaging with Trade Ibkrtrade to protect their financial interests and avoid falling victim to scams.