Comment on Fortrade
★★★★★1 / 5Initial 1-star scoreReference #687
<p>Hi! I am from Serbia and all the managers mentioned above are Serbian people without any license. The company may have the license and is perhaps regulated but the “managers” and “consultants” are just regular people without licences, quite often students or of that age, doing what they were told to do so that the company can earn as much money as possible.<br>
I worked in a similar company until I realized what the business was about. Once you deposit the money, no-one really cares about you and depending on what type of trading you do, you may be given the wrong info in order to lose the money (which the company keeps in case of trading with binary options) or you simply may not be able to withdraw the money you deposited regardless of the win/lose situation.<br>
At the very least, you may be given a hell of problems while trying to withdraw the money so that most people just give up even if some manage to get the money back after a lot of time and a shit ton of attempts of sending documents/email/making calls etc and.<br>
Basically, what the companies of this sort do, they behave as though the money you deposited onto the account you created for trading is their own – and they actually use it to pay their associates and employees etc. That is why they do not answer the emails nor allow withdraws or make them next to impossible to perform.</p>
Replies 3
<p>I was also scammed, I invested 100 euro and they locked me out of the account that I deposited in.</p>
Open reply #688 →<p>I went through the same</p>
Open reply #689 →<p>I experienced the same after 3 years of working with them on a smaller account. Soon after funding my account to a big one, I decided I’m withdrawing everything. For the 1st time after 3 years of withdrawing without problems, I have been going back and fourth between live chat support and account managers. Account managers and are not responding to emails. Live chat support team keep taking back to the account managers as they say they are just operators and they don’t deal with such things a withdrawals.</p>
Open reply #690 →