Eliminate trading losses. Ensure quality, manage claims, & enforce accountability.
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Reviewed by the industry for the industry.
Why use Tradefox?
1. Verify integrity
Integrity is one of the key aspects when conducting business with a scrap supplier or consumer. Are verbal agreements upheld? Always pull a reputation report before a deal also to put in your files.
2. Check payment reliability
Verifying the payment reliability of a scrap consumer is a crucial step in mitigating financial risks. If you notice any discrepancies, you can make specific arrangements to address them.
3. Keep track of claiming behaviour
To keep the financial risks as low as possible it is wise to keep checking company reports before every new trade. Reputations change with more than 3.000 trades being added to Tradefox daily.
4. Ensure material quality
Unlocking Trade Reputation Reports of scrap buying or selling parties is the first step to eliminate
Ensure a solid track record for the quality of materials from a seller and make your decision.
5. Analyse trade data
With the trade history data available for most companies, you can create insightful analyses about these prospects. We provide data such as: Top 5 trading partners, Total sales volume, Number of trades and Average trades per month.
These top features are loved by scrap traders
Trade Reputation Reports
Use our Trade Reputation Reports for your due diligence tasks and open up new possibilities in trading with international partners all over the world. Minimize financial risk by consulting the trust and trade reviews of the companies you are thinking about. Be sure to check your scrap trading partners before every new trade.
Trade History Data
With the available trade data, you gain insight into the trading activity of a company. In addition to how many trades have taken place in the last two years, the reports also show the average number of trades per month. There is an overview of the top 5 trading partners and a detailed overview of all trades of a company.
Capital Recovery Service
As a Tradefox customer, you’re able to benefit from our Capital Recovery Service.
The experienced Capital Recovery teams are located throughout the world to support your cases.
Scrap trading Business intelligence
“But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it?
But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure? But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids”.
Frequently Asked Questions
Conduct Online Research:
Utilize various online platforms to identify potential scrap yards involved in international trading.
Ensure the scrap yards are licensed and have a good reputation in the industry.
Opt for scrap yards with substantial experience in international trading for better understanding of global regulations and logistics.
Ensure the scrap yards offer comprehensive services, including logistics and documentation support.
Ensure competitive pricing and clear, fair payment terms.
Choose scrap yards near ports and transportation facilities for ease of shipping and cost-efficiency.
Visit the Yard:
Personally assess the facilities and operations of the scrap yards for insight into their capabilities.
Check Communication Channels:
Ensure efficient and reliable communication for smooth trading operations.
Contact previous or existing clients for feedback on the scrap yards’ services.
Ensure Legal Compliance:
Ensure the scrap yards adhere to all international legal and regulatory standards to avoid legal complications.
At Tradefox, you can check the details of a scrap yard at any time. Not only do we perform standard due diligence checks upon registration, but we also ask users to verify all details. We look at profile pictures, email addresses, phone numbers, identification documents, and check whether an employee is actually employed by the company. With these profile optimizations, you can earn 5 unlocks, which can be used immediately to open due diligence reports of scrap yards. Of course, it is also possible to start a paid plan, so you can open multiple reports. View our price plans here.
In addition to the due diligence checks, we ask our users for feedback on their trades. A number of things are asked anonymously. One of these things is reputation within the industry. You can easily and quickly see whether the relevant company has a good reputation. These reviews come from the industry, for the industry.
Tradefox has a database of more than 157,000 companies active in the scrap trading industry. Among these companies are many scrap yards that sell their scrap nationally and internationally. Within our due diligence reports, there is a section with information about the trading history of the scrap yards. More than 40% of the scrap trading company profiles in our database possess this information.
The accessible trade data offers a comprehensive view into a trading company’s activities. This includes a detailed analysis of the total trade volume, shedding light on the number of trades executed in the past two years, and an average monthly trade count. Additionally, an overview of the top five trading partners and a thorough breakdown of all the company’s trades are provided for a more in-depth understanding.
Thanks to this trade data, you can create a perfect picture of the experience of a scrap yard and whether they are able to ship internationally.
In addition to a large amount of trade data that Tradefox has to offer, a lot of feedback is given about trades that have been made. These are 100% real reviews and all come from our users who have a verified account and have facilitated these trades. We use the trade data to ask all involved parties for their feedback. The review is based on five variables, namely: Integrity, Claims Handling, Making Payments, Quality of Material, and Shipping Procedure. Based on this feedback, you can quickly analyze how the scrap yard is assessed based on their past trades. A second form of input can be obtained from the trust reviews. We ask our users to give an overall assessment of a company’s reliability based on their experience with a scrap yard.
With the combination of trade and trust reviews, you have a fairly good picture of the references of the respective scrap yard. There may be other feedback online, but the question is whether these are all verified and real reviews.