TradeWin24 Claims to Be an Interactive Brokers Partner. Another Lie.

In recent days, we have received many requests from visitors to the site asking us to examine TradeWin24’s claim, circulated through the media, that it is a “partner,” an “authorized partner,” and an “affiliate” of the well-known British brokerage house Interactive Brokers. Not only do they spread these lies through the media and on social networks, but they also disseminate false information about this supposed partnership through their own website. Let us first look at what TradeWin24 is actually using to support these claims:
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Because the protection of potential investors is our first priority, not merely in words as in the case of TradeWin24, but in actions, we decided to actively verify what kind of business relationship, if any, exists between Interactive Brokers and TradeWin24. So that all of this would not remain only our claim, and as we had previously promised, we contacted the London headquarters of Interactive Brokers and asked them the following:

Does TradeWin24 represent Interactive Brokers in any capacity?
Have you authorized anyone to represent you as a partner or affiliate in the Balkans and in Serbia?
They replied that in Serbia they have no partners, no authorized partners, and no affiliates. They have only CLIENTS, both retail and business, the latter being so-called institutional clients.


YET ANOTHER LIE IN THE SEA OF TRADEWIN24 LIES.


So that no one would have any doubt about what we are saying, unlike Tradewin24, here you will find only the truth. That is why we decided to publish our correspondence with Interactive Brokers and prove our claims:
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TradeWin24 is merely an ordinary corporate client of Interactive Brokers, standing on exactly the same level as millions of other companies that trade through them. TradeWin24 trades for itself through Interactive Brokers. Even the platform it offers is not a proprietary product or invention of TradeWin24, but Handy Trader, a platform made available free of charge to everyone through the Apple and Google app stores. In other words, Tradewin24 has an ordinary account, just like all other clients of Interactive Brokers. They simply download the free Handy Trader platform, pay Interactive Brokers for market data feed just like all other clients, and then resell it at outrageous prices to uninformed investors. Even technical support actually goes through Interactive Brokers. The only difference is that when a problem arises and clarification is needed, TradeWin24 pretends to have its own technical support, while in reality it calls Interactive Brokers and then presents that as its own support service.


These are the reasons why TradeWin24, through bots on social networks, spreads the story that it is hard to open an account with Interactive Brokers, that it requires too much paperwork and administration, that it is difficult to report tax obligations in Serbia when trading through Interactive Brokers, that nobody from Interactive Brokers technical support answers the phone, that their online chat is slow, and so on, all in order to say: just give us your money so you do not have to bother with any of that, but at prices ten times higher. Every investor should ask themselves whether it was just as difficult for TradeWin24 to open an account with Interactive Brokers, whether the per-trade commission is equally expensive for them as it is for you, and whether the technical support they request as a client of Interactive Brokers is really as slow as they present it to you.


The answer is NO. That is also the reason why they try to portray trading through Interactive Brokers as exhausting, time-consuming, and indifferent to small clients, along with all the other absurdities that only the schemers at TradeWin24 could invent.


We will continue with new articles, and with actions we are preparing, to expose the lies and manipulations of the financial schemers at TradeWin24, the same people who harmed the clients of Sinteza Invest Group, in the hope that through this level of transparency and this approach we can raise investor awareness and protect investors from manipulation by certain firms operating in the brokerage business.