Tradepay Xpress (tradepayxpress.com) Forex Broker Review
✅ TrustScoreFX Broker Review
🔍 Broker: Tradepay Xpress (tradepayxpress.com)
Reviewed: June 2025 | Status: 🚫 Scam Alert Issued
1. ⚖️ Regulation & Trust
Tradepay Xpress operates without any known regulatory license. Key issues:
- ❌ Not listed under Tier-1 regulatory bodies (FCA, ASIC, CySEC)
- ❌ No mention of fund segregation, investor protection, or negative balance protection
- ⚠ BrokersView and Scamadviser both raise caution due to unregulated status
- Rating: ★☆☆☆☆ (1/5)
2. 🏢 Company Transparency
The broker claims to offer financial services in various sectors but provides no corporate transparency.
| Transparency Element | Status |
|---|---|
| Legal Entity Info | ❌ Not provided |
| Headquarters Address | ❌ Not listed |
| Ownership Disclosure | ❌ Absent |
| Legal Docs (T&C, Privacy) | ❌ Not verifiable |
| Third-party Audits | ❌ Not available |
- Transparency Score: 3/10
3. 💼 Account Types & Flexibility
Tradepay Xpress promotes trading across multiple asset types but doesn’t clarify:
| Feature | Status |
|---|---|
| Account Types | ❌ Not defined |
| Minimum Deposit | ❓ Not disclosed |
| Leverage | ⚠ High (assumed) |
| Spread Type | ✅ Variable (claimed) |
| Swap-Free | ❓ Not specified |
| Demo Account | ❌ Not available |
- Flexibility Score: 5/10
4. ⚙️ Trading Experience
There is no confirmation of:
- Supported platforms like MT4, MT5, or cTrader
- Desktop, mobile, or browser-based platforms
- Execution speed, order slippage, or latency claims
Statements about being an “award-winning trading agency” lack evidence.
- Feature Score: 5/10
5. 📈 Instruments Offered
Tradepay Xpress claims access to the following asset classes:
- Forex pairs
- Cryptocurrencies
- Binary Options
- Real Estate
- Stocks & Bonds
- Oil & Gas commodities
However, instrument lists, trading conditions, or spreads are not detailed.
- Breadth Index: 6/10
6. 💳 Deposit & Withdrawal Process
The site fails to disclose:
- Payment methods (bank wire, crypto, cards, etc.)
- Deposit/withdrawal timelines
- Refund policies
- Transaction fee structure
- Transparency Score: 3/10
7. 📚 Education & Tools
The platform does not offer educational materials or trading tools, such as:
- ❌ Webinars or learning courses
- ❌ Strategy guides or video content
- ❌ Economic calendar or technical/fundamental analysis
- Resource Quality Index: 3/10
8. ☎️ Customer Support
Tradepay Xpress does not publish any form of contact information:
| Support Element | Status |
|---|---|
| Live Chat | ❌ Not available |
| Phone Support | ❌ Not provided |
| Email Support | ❌ Not provided |
| Multilingual Support | ❓ Unknown |
- Customer Support Rating: 3/10
9. 🌐 Reputation & Complaints
- BrokersView flags it as unregulated and potentially unsafe
- Scamadviser assigns a very low trust score
- On-site testimonials are generic and unverifiable
- ❌ No credible reviews on TrustPilot or major Forex forums
| Sentiment Type | Source | Status |
|---|---|---|
| Positive | Broker website only | ⚠ Not verified |
| Negative | BrokersView, Scamadviser | ✅ Confirmed |
- Reputation Score: 3/10
10. 🤝 IB & Affiliate Program
No information on:
- Affiliate commissions
- IB dashboards or partner tools
- Payment timelines or performance tracking
- Partnership Appeal Rating: 2/10
11. 🧭 Unique Selling Points (USP)
Claims promoted by the broker:
- “Award-winning trading agency” (unverified)
- Access to multi-sector investments
- Branding itself as a trusted partner for diversified portfolios
📝 Editorial Commentary
Tradepay Xpress markets itself aggressively but fails to meet basic regulatory and operational standards. With no evidence of platform stability, legal compliance, or financial transparency, this broker should be avoided.
12. 📊 Final TrustScoreFX Rating
| Category | Score |
|---|---|
| Regulation & Trust | 1/5 |
| Company Transparency | 3/10 |
| Account Types & Flexibility | 5/10 |
| Trading Experience | 5/10 |
| Instruments Offered | 6/10 |
| Deposit & Withdrawal | 3/10 |
| Education & Tools | 3/10 |
| Customer Support | 3/10 |
| Reputation & Complaints | 3/10 |
| IB & Affiliate Program | 2/10 |
📌 Aggregated TrustScoreFX Rating: 36/100
⚠ Status: 🚫 Scam Alert Issued
Badge: ❌ Not TrustScoreFX Verified
📢 Recommendations for Traders
- 🚫 Do not register or fund accounts with Tradepay Xpress unless its legal registration is independently verified.
- ⚠ If you’re already invested, withdraw immediately and safeguard your account information.
- 🔍 Cross-check every broker through official regulator websites before making any deposits.
- ✅ Use only brokers licensed under FCA, ASIC, or other top-tier regulators for capital safety.