TradingTech’s offer is aimed at investors who are interested in online trading. Because with TradingTech you can rely on brokers who have won many awards and who help you to achieve high returns if you only create an account.

The company attracts with many tools and learning aids in the field of online trading. Thus, it is said to be easy and safe if the customer only discloses his personal data and invests a high minimum amount in an account on the platform. At the same time, TradingTech does not disclose any specific information about itself.

If you are thinking about making an investment with the provider TradingTech or if you already belong to the clientele of TradingTech and do online trading, the following questions are definitely relevant:

  • Does the company TradingTech have a license from a state supervisory authority from Europe?
  • Is the company TradingTech to be classified as trustworthy?
  • Are there any tips for clients of TradingTech who have suffered losses?

These questions are answered in this article on TradingTech by the lawyers of Herfurtner Law Firm.

Table of contents

  1. TradingTech – Broker overview
  2. TradingTech website
  3. Contact TradingTech
  4. TradingTech Licensing
  5. Warnings from financial regulators on the topic of TradingTech
  6. Online trade advice
  7. How to act in case of losses?

In addition to the question of how far TradingTech offers a trustworthy service, it is central to look into the principles of profitable online trading.

Our lawyers will also explain how TradingTech compares to other investment opportunities.

In addition, we will stand by investors and assist with detailed questions and disputes related to TradingTech.

TradingTech – Overview of the broker

In addition to the offers that the customer can overview the financial world on the platform of TradingTech with promising tools, the broker also advertises some bonus benefits that promise additional profits. This requires an active account, through which deposits are to be made.

The accounts exist in three versions. The Cent account, the Pro account and the ProPlus account. In each case, minimum initial deposits must first be made in order to receive the alleged benefits at all. These start at 250€ and end at 25,000€.

Alleged awards ensure the seriousness of the broker. Behind this, however, there is no information about the employees, the managing directors or any other important basic information.

TradingTech Internet Presence

The homepage of the TradingTech company is available in German and can be accessed under “”.

Imprint information

In Germany, according to §5 of the German Telemedia Act (TMG), there are general information obligations and mandatory details for the imprint. Consequently, this obligation for “provider identification” exists for all commercially operated websites.

This is because the information is intended to inform the user of an online presence who he is dealing with. In addition, the address of the website operator plays a role here, in case legal claims are to be enforced against him.

In this context, it is also important to note that the requirement to maintain an imprint applies equally to service providers based abroad who carry out their business activities in Germany.

There was no imprint on the website of TradingTech in March 2022.

Operator and trademark

The name of the web presence or trading platform or offer is not always identical with the operating company. In the past, it was not uncommon for companies to appear on the market at the same time with different trademarks.

Furthermore, it is common practice for certain providers to remove the websites of “burnt” trademarks and to return to the market promptly using a new trademark.

For this reason, it is a good idea to always include the operating company in addition to the trademark when researching news and data on a provider. The relevant data can be found either in the imprint or often also in the footer of an Internet presence.

On the website of TradingTech no deviation between trademark and operating company could be found at the time of observation.

Responsible persons

According to §6 of the German Media State Treaty (MDStV), the name of the person responsible for the content of the online presence must be mentioned in the imprint. In most cases, this is a member of the provider’s management.

Identifying the responsible persons by name is not only necessary, but also a sign of transparency.

No information on responsible persons could be found on the website of TradingTech in March 2022.

Query domain information

Various financial providers throw their years of experience into the balance to suggest credibility. However, such claims are often contradicted by the registration date of the domain.

Consequently, it is necessary to check who registered the domain and at what time the domain was registered. According to the website, TradingTech was founded in 2010.

Our lawyers have determined the information of the provider TradingTech on 04/03/2022 with the following result:

  • Domain Name:
  • Registry domain ID: 0d2a9169c0ac4c2396ef04e932b9826d-DONUTS
  • Registrar WHOIS Server:
  • Registrar URL:
  • Registrar: NameSilo, LLC
  • Registrar IANA ID: 1479
  • Registrar Abuse Contact Email:
  • Registrar Abuse Contact Phone: +1.6024928198

TradingTech contact details

At the time of writing, the TradingTech website did not provide sufficient contact information.

However, there is a company Eudaimon Consulting LLC, through which money transactions are executed. This company allegedly also operates the website and provides the following information:

  • Postal address of Eudaimon Consulting LLC: First floor, First St Vincent Bank Ltd Building, James Street Kingstown, St.Vincent and the Grenadines.

TradingTech Authorization

The existence of a valid authorization from a European governmental financial supervisory authority can be an important characteristic of whether a service provider is reputable. This is because the granting of a license requires a great deal of economic effort on the part of the provider.

However, it is not necessarily a scam if an online broker omits information about its license or regulatory status.

The following financial regulators, among others, are responsible for granting authorizations and supervising financial service providers such as TradingTech:

  • BaFin, Germany (Federal Financial Supervisory Authority).
  • FINMA, Switzerland (Swiss Financial Market Supervisory Authority)
  • FI, Sweden (Finansinspektionen)
  • CNMV, Spain (Comisión Nacional de Mercado de Valores)
  • FCA, United Kingdom (Financial Conduct Authority)

As of March 2022, no information about regulatory licensing could be found on TradingTech’s website. Interested investors can discuss what this fact entails in an exchange with a lawyer from our law firm.

Warning notices from financial supervisory authorities regarding TradingTech

At the time of writing on 04/03/2022, no official warning notices from financial authorities regarding TradingTech can be found online.

Before you start trading at TradingTech and others – Online Trading Advisor

Online trading like TradingTech is the extension of traditional trading in financial instruments to the Internet. Here, as there, investors act with the intention of generating income through the purchase and sale of assets.

Trading has long since ceased to be limited to securities. In fact, customers can also choose from the following alternatives, for example:

  • exchange-listed index funds
  • money market funds
  • funds
  • Corporate bonds
  • Platinum
  • Cash
  • Commodities
  • CFD Trading

Online trading is done through interfaces such as brokers (like TradingTech) or banking houses that provide their clients with a special trading application.

In particular, the extensive technological achievements of recent years are the reason that online trading is now fast and convenient, and therefore as accepted as popular.

The plus points of online trading

Digitization has also had a significant impact on the world of finance, especially in terms of trading as at TradingTech.

Because as a result of the technological possibilities, trading in particular has increased massively in speed. Whereas investors and traders used to have to place their orders by phone, fax or mail, this can now be done at the click of a mouse and at a fraction of the cost.

Aspects such as length and type of trade, prices and quantities or account details no longer have to be defined between the broker TradingTech and its customers in a personal conversation.

At the end of the day, the opportunity to trade online has brought many advantages to the fore:

  • Online trading learning materials, knowledge pools, analysis or trading tutorials are provided as standard in many places.
  • The trading platform executes the desired orders, all you need is an Internet connection.
  • The range of tradable assets is broader and deeper.
  • Online traders have several tools and various indicators at their disposal.
  • A large number of tools can be used automatically and directly.
  • The risk of losses due to gaps is reduced.
  • Transaction fees have decreased noticeably because there is no need for personal advice on the phone.
  • The speed at which transactions can be executed has increased significantly.

But online trading not only brings plus points in terms of the uncomplicated use of the trading platform. Above all due to analysis possibilities, indicators and the different tools the investor has clearly more comfort.

The times when you had to draw your own charts or make your own calculations are over.

Trading platforms nowadays offer their customers an enormous range of order types, which can be executed single-handedly as an online trader with a day trading broker of your preference.

Crypto Trading: Investment alternative for risk-averse investors?

However, it is not only trading as such that has been massively influenced by digitalization. For the unstoppable technologization has provided online traders with a new field of action: trading in digital assets.

Among the best-known cryptocurrencies are Bitcoin and Ethereum. Bitcoin was the first cryptocurrency ever, which is why all other digital currencies are referred to as so-called “alt-coins”, i.e. alternative coins.

Currently, there is an enormous variety of tradable crypto assets and the landscape is exceedingly volatile. As a result, fresh coins are always entering the market and many disappear just as quickly as they were released.

For online traders, this presents opportunities and risks in equal measure, although the constant ups and downs make them noticeably more potent compared to conventional financial investments.

Freshly issued cryptocurrencies are basically like a game of chance at the roulette table for investors. With a bit of luck, you can multiply your stake significantly. However, the probability of losing the entire capital is also extremely high.

Therefore, it might be a better decision for cautious traders to focus on the most well-known crypto assets that have been traded for some time and have a relatively large market capitalization.

The alternatives to Bitcoin and Ethereum

Apart from Bitcoin and Ethereum, the Binance Coin, Solana, Cardano or Ripple should be mentioned in this context, for example. Cardano and Solana in particular can be classified as more modern and future-oriented compared to Bitcoin and Ethereum.

While the former are the subject of discussion due to their energy-intensive proof-of-work procedure, the latter are based on the less energy-intensive proof-of-stake mechanism.

In addition, the blockchain-based projects Cardano and Solana enable the use of so-called smart contracts. Furthermore, other projects are emerging in the respective ecosystems, such as Solanart, a marketplace for so-called “non-fungible tokens”, or NFTs for short.

These can be used in decentralized finance, for example. There, they help to implement security mechanisms that guarantee the uniqueness of transactions and the correctness of every order submitted.

The bottom line is that when it comes to cryptocurrencies, investors have an extraordinarily wide range of choices in which to invest. However, crypto trading is mainly recommended for those investors who are particularly risk-averse.

Incidentally, the following also applies to the topic of crypto trading: be careful when choosing a service provider. Unfortunately, there are numerous documented cases of fraud and cybercrime in which crypto exchanges have played a significant role.

The disadvantages of online trading

Not all that glitters is gold, and this also applies to online trading. Accordingly, in addition to the advantages, a number of disadvantages are also apparent, which interested money investors should include in their considerations:

  • The existence of fraudulent trading portals has led to immense risks of loss.
  • Enormous losses are imminent if the wrong decisions are made.
  • Private investors should keep an eye on price trends throughout.
  • Compared to traditional trading, it is rather hasty.
  • Private investors should already be experienced in trading and build on resilient strategies.

Especially the risky day trading is not suitable for investors who deal with the topic of trading for the first time. Because the danger of not predicting price developments correctly is considerable, and because of the time pressure, corrections are not easy. Therefore, this direction of trading tends to be recommended for particularly knowledgeable or particularly risk-averse investors.

If you belong to this group, day trading is an option to achieve quick results. In addition, one benefits, for example, from the elimination of fees for overnight positions. Finally, also such costs must flow into a holistic examination of an investment.

Likewise, one literally spares oneself a rude awakening in the morning if there were rapid and drastic price changes. Such “gaps” develop quickly due to bad reports about a company. On the other hand, you can quickly see successes if you can report a profit at the end of a trading day.

Otherwise, it is important for day traders to compare the trading fees of different brokers. At this point, it may be advisable to opt for a flat fee in the form of a flat rate. This is especially worthwhile if you are trading on an increased frequency and individually billed order fees would significantly reduce the profit.

Identify risks

In order not to unnecessarily potentiate the dangers of online trading, it is recommended to check with which provider one wants to become active on the trading venues.

From the experience of our law firm, some questions have emerged that can be used to identify possible risks. Applied to the example of TradingTech, these would be as follows:

  • What experiences have other investors already had with TradingTech, what opinions are expressed in forums?
  • Does TradingTech promise unusually high profits and conceal or downplay the dangers?
  • Can regulatory warnings about TradingTech be found?
  • Is TradingTech controlled by a European financial regulator and is the provider subject to official supervision?
  • Is there an imprint on TradingTech’s website and can credible information about the company’s place of business be found?
  • Are there any warnings from lawyers or law firms that support clients who have been injured in connection with TradingTech?
  • Does contact with TradingTech result from an unsolicited phone call?

What to do in case of losses

If you fear that you have been defrauded by TradingTech, it is recommended that you immediately stop any additional payments. This is especially true in case the provider recommends additional payments to compensate for losses.

Furthermore, one should attempt to recover the lost capital. In doing so, aggrieved parties can seek investor protection and contact the lawyers at our law firm. Our law firm examines civil law as well as criminal law options and possible claims for damages against the financial provider and against involved payment service providers such as financial institutions.

“A private investor who loses money in the course of online trading is truly not an isolated case. Numerous investors are misled by the professional appearance of the financial providers and do not grasp early enough that they are not responsible for their losses.”

Our recommendation is therefore not to despair, but to act quickly and energetically. Because the chance of recovering the lost capital is often greater than the aggrieved investors realize.

Would you like to talk to one of our lawyers about TradingTech? Then you can go straight to our contact area here.