Tradorax is Not Regulated
Tradorax is not a regulated broker and is not officially licensed as an investment firm in any country or territory. Tradorax is not regulated by any internationally recognized financial watchdog or regulator.
Is It Safe to Trade Binary Option on the Tradorax Website?
Trading Binary Options With an Unregulated Broker
We do not advise trading with ANY unregulated broker here at BinaryOptionsRegulations.net, even if the broker has a good track record and no complaints in the online forums and review boards, and we strongly advise you to make your own inquiries if you do decide to trade with an unregulated broker such as Tradorax, you can go to any online binary options trading forum, review board or complaints board and check to see if you can find any Tradorax complaints or Tradorax scam alerts by searching on “Google” for keywords such as “Tradorax Scam” or “Tradorax Complaints”.
Is Tradorax a Scam?
We do not have any personal experience with this broker as we do not trade with unregulated brokers, as such we can not give you any information regarding them being a scam or being a good broker.