Tradexpanse Scam: Bonus Forex Offers in Telegram Groups

Tradexpanse is a leveraged trading brand that gathers Turkish investors in Telegram forex groups with adverts for "24/7 deposits and withdrawals through the panel" and "margin support" of up to two hundred per cent. In the adverts, account opening is directed to a Turkish-language panel at tradexpanseportal.com, after which the process is run through Telegram and WhatsApp by a "representative".

🎁 How Are the "Margin Support" Adverts Constructed?

The adverts offer a "no strings attached" bonus on the first deposit and an extra bonus with no withdrawals for 7 business days on the second, and they promise monthly cash or margin top-ups linked to trading volume. In the same groups, after praise messages such as "top firm, you withdraw from the panel yourself", anyone who shows interest is sent a registration link directly. A balance inflated by a bonus is the known starting point of the scheme in which withdrawals are locked by bonus and lot conditionsTR.

🔍 The Representative, Numbers and Domain Names

⚖️ The Dominica Licence Claim and the SPK

The site claims to be licensed in Dominica under the name "TradeXPanse LTD" and says that funds are protected; this claim has no validity for investment services in Türkiye. Tradexpanse is not authorised in Türkiye by the Capital Markets Board (SPK) (SPK list of authorised institutions). SPK Decision No. 8/297 of 24 February 2017 treats acting as an intermediary to overseas leveraged trading platforms for people in Türkiye as an unauthorised activity.

🔗 Other Brands Advertised in the Same Groups

The Tradexpanse adverts have run alongside other brands promoted with a "representative" list in the same Telegram groups. We have previously covered these brands:

🧭 The Legal Process for Victims

The process usually begins with the criminal complaint stage; where the investment was made in crypto, the trail of the money moved to crypto exchangesTR is followed. An asset investigationTR and a restitution claimTR then come onto the agenda. For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions