Exclusive: Has Tradersoft Been Shutdown?

Tradersoft, the online trading technology platform provider, has abruptly shuttered all of its services Finance Magnates has learned. The shutdown came overnight, without any prior notice or warning.

Though the company website is still operating as usual without showing any notice of the shutdown, unconfirmed reports suggest emails have been sent to customers informing them of the immediate closure.

Finance Magnates has tried to contact Tradersoft multiple times, but the company has not responded to emails, telephone calls or skype.

Based in Cyprus, Tradersoft was offering an array of backend services, including business consultation, development services and customer support. Additionally, it offered a web and mobile-based platform for trading forex, CFDs and cryptocurrencies.

“Our focus is equipping brokers and traders with premium technologies and intuitive tools to fully operate premium brokerages and supplemented trading solutions that enable brokers and financial institutions to maximize revenues,” the Tradersoft website stated.

In its initial days, Tradersoft offered technology services to the controversial binary options platforms, but the company changed its targeted market to the CFDs industry in 2016. Despite the relatively low-profile, the company’s name has been linked to several recent raids against a massive €15 million fraudulent investment racket, according to a report by the Times of Israel.

Finance Magnates will update the story once a reply has been received.