The first thing traders realize about this exchange is that it boasts about numbers, such as daily trading volume, number of users, number of employees, etc. Yet, all these numbers can be quickly exposed as fake.
On the other hand, if you read this Rommode review carefully, you will realize why they do so. In addition, we advise you not to skip our analysis of Axi Financial and Expo Trust companies.
Regulated By: | No regulations |
Is This Company Safe? | No |
Known Websites: | |
Have Warnings From: | N/A |
Registered In: | N/A |
Operating Since: | 2019 |
Trading Platforms: | WebTrader |
Maximum Leverage: | N/A |
Minimum Deposit: | N/A |
Deposit Bonus: | N/A |
Trading Assets: | Cryptos |
Free Demo Account: | Not Available |
How To Withdraw From This Company? | Getting your money out from an unregulated and anonymous exchange is most likely impossible. At first glance of an issue, we suggest you talk to our refund experts. Book your first free consultation right away. |
Legal Info: Is Rommode Legit Or A Scam?
If the Rommode company was legitimate, they would first offer transparent legal and registration details. Yet, they don’t. Nevertheless, with or without them, you can easily check if the company operates with adequate licenses. Considering the countries they target, those should be SEC, FSCA, and BaFin. But of course, they are not authorized by any of these.
Consequently, none of the funds deposited with them can be protected in any way possible. This is quite frustrating with crypto trading platforms.
Who Are Rommode’s Victims?
Even though there are only a few Rommode reviews, it’s easy to find what their target countries are. Simply run website analytics, and voila, you got it. Based on those, it seems that since 2019, the Rommode platform was targeting mainly:
- United States
- Brazil
- South Africa
- Germany
With this in mind, we would strongly advise you to talk to local regulators about this company. They will also tell you not to trust them. Meanwhile, you can start the refund process with our expert assistance.
Traders Reviews
The experience of other traders is usually a good sign of what to expect from a company. In the case of the Rommode exchange, you can only find scam warning signs. In this case, those opinions can only be found on the Reddit platform.
Based on everything we read, if you have funds stuck with this crypto trading platform, request a withdrawal immediately. If they make excuses, contact us for refund advice.
Trading Costs With Rommode Exchange
Even though the Rommode crypto exchange presents us with a wide range of benefits, they don’t reveal any details about the costs. So, what else to expect but to get manipulated?
Fairly, if you don’t know the fees, you can’t be sure if there will be anything left to withdraw in the end. That’s why trading with top-tier licensed firms is a whole new game.
Bonuses
On the positive side, the company doesn’t offer any bonuses for new users, even though such offers are a good way to boost some tokens. But why we say it’s positive is simply because of malicious clauses bonuses usually include. Note that this usually applies only to unregulated firms.
Rommode Trading Features
As can be seen, the Rommode app apparently implemented a few important features in 2024. These include trading bots, social, and copy trading.
In general, these features would be more than attractive. However, without adequate licenses, you can only expect manipulation around those.
Trading Platforms Available
Another reason to believe in manipulation potential is that only a web-based trading platform is offered. With proprietary platforms, it’s quite easy to control everything traders see through the back end. You can get into a margin call in a few clicks without even realizing how.
Available Trading Assets
Even before using the Rommode login credentials, you can see that the company’s offer is quite poor. With only a bit over 20 crypto pairs available, you’ll have quite limited profit potential.
Anyway, the options are:
- ETH/USDT
- DTM/USDT
- DOGE/USDT and a few others.
Account Types
Exchanges usually require minimum deposits of as low as $10. However, to motivate traders to deposit more money, companies tend to offer various benefits. However, with this company, there are none—or at least they don’t want us to know about them. Therefore, be careful.
Mobile Trading App
A leading cause of manipulation is untrusted software. That’s why companies like this one don’t usually get their apps listed in PlayStore or AppStore. And of course, with Rommode company these are missing completely.
Demo Account
To discover if Rommode is legit you’ll have to either trust other traders or test them out. For testing purposes, we don’t expect a demo account if they don’t offer leveraged trading. So, the only option is to deposit money or choose another firm.
Education
One of the leading issues traders have is about recognizing crypto scams. But that comes from poor education about them.
Of course, when you see a company like Rommode, they won’t offer any educational programs. After all, they want to keep their users financially illiterate for as long as possible.
Rommode Withdrawal
Even though the Rommode swap and crypto exchange platform presents itself as trusted, without regulations, you can’t expect clean withdrawals.
On top of that, the company doesn’t reveal any details about the withdrawal process, processing time, or fees. And that’s a huge red flag that should keep you away from them.
Customer Support
One of the critical features in the trading world nowadays is customer support. That’s where legitimate and scam firms are very different. The perfect example is the Rommode company, with only e-mail as the contact option.
Key Information To Consider About Rommode
Considering low transparency and a lot of misleading details, you shouldn’t trust any money to this company. Not to mention missing regulatory oversight and hidden trading costs. All in all, too many details to worry about.
Thus, if you get lured somehow into this trading trap, we offer you a way out. Find out the exact steps by booking a free consultation with our refund experts. Get in touch right away.
FAQ Section
What is Rommode?
Rommode is an anonymous crypto exchange offering highly speculative and suspicious trading features worldwide.
Is Rommode Legit?
No. Rommode exchange is not regulated by any top-tier authority. On top of that, they hide legal and contact information.
How to Withdraw Profits From My Rommode Exchange Account?
The only way to get money out is through the chargeback and refund process. For more details, reach our refund specialists.
What is Rommode?
Rommode is an anonymous crypto exchange offering highly speculative and suspicious trading features worldwide.
Is Rommode Legit?
No. Rommode exchange is not regulated by any top-tier authority. On top of that, they hide legal and contact information.
How to Withdraw Profits From My Rommode Exchange Account?
The only way to get money out is through the chargeback and refund process. For more details, reach our refund specialists.
Source:
https%3A%2F%2Fscambrokersreviews.com%2Fcrypto-scams%2Frommode-review-hidden-legal-details-are-not-a-good-sign%2F