13
Reviews
Got a better revenge on them through name on bio
Started trading with Palotraders in August of 2021and within 3 months they had taken over $30,000 usd in fees! When I questioned Jake Patterson about this he said he’d check into it but said he didn’t think it was true. I never received an answer. A few weeks later I had some good luck trading bitcoin and made over $300,000 usd and my account was sitting at $355,000,usd and the next time I talked to Jake he accused me of trying to fraud them… lol it’s their trading platform so how would I scam them? So I kept doing some trading over the next few weeks and decided to withdraw $100,000 usd. I made the call and requested it on the platform also, I haven’t heard from them since. They won’t answer emails and no phone # to call.The last time I talked to them was in march. Don’t believe anything they say,it’s all lies! I have a nephew that is a police officer and I reported it to their fraud department, the good news is that they possibly can trace where it went from my bitcoin wallet. DO NOT trade with these criminals. I hope this can help someone else from being scammed.
Continuation from first review…these criminals are still calling, trying to get more money. I’ve given up on getting anything back from them. DO NOT SIGN UP WITH THEM! I’ll tell you how bad they are, I’ve told them several times to close my account and take what little pittance is there and keep it, and they still haven’t done that! DO NOT GIVE THEM ONE CENT- YOU WILL BE SORRY! By the way, all the “positive” reviews are fake; I’ve paid hackers to look into it and received all the info-PURE CRIMINALS!
Very easy giving them money, but after you send it to them its the last you'll ever see it. Withdrawal's don't happen, they will continually make excuses, don't return calls . They are not licensed to do business in Ontario. Complaint has been filed with Ontario Securities commission. Frankly any positive reviews here seem fraudulent. Please do not invest with them prior to checking with the OSC.
This is a scam. They will not let you pay by credit card. Don't let them put any-desk on your computer. They can watch what you do in your account while you e-transfer money to Shakepay. Good way for them to get personal passwords, etc. They are the best scam artists who will be your best friend while collecting personal information about you. I gave them thousands of dollars. They won't give any back. Be aware Adrian Young, Timothy Sebastian Dexter, Lucas Hudson, Josh, all a bunch of liars. Do your research before you buy into these Bitcoin schemes. If you check palo-traders out, it says they are not legitimate, wish I would have done my research first. LIARS, CHEATS AND THIEVES. That about says it all. Don't let them scam you
This is not a legit company, this is 100% a scam. As soon as I sent the initial deposit to set up the account, they demanded more money before letting me use their 'services'. They keep cancelling my requests to withdraw any money. It's not possible to make money with this company. They phone me incessantly and are rude to the point of being abusive. Palo Traders or Palotraders is not a legit company. Jake, Floyd, Tim they will all lie to you, don't give them one penny Edit: There are so many fake 5 star reviews for PaloTraders here - the happy reviewers aren't even real people...just one google image search shows Brad Fuller from Great Britain is also Robert Armstrong from Denver on another site, and Chris from Ottawa on another...and more.
I can not figure out why so many 1 star votes… Must be because these guys scammed lot people and they are good enough to leave reviews. The company had balls they would be answering these what they tell me is lies on the phone. They basically steal from you. Talk you into putting money in and thjnk you will get a return but when Jake won’t give your your profit and or investment that get very upset. And change the rules, change the spreads, and then tell you there how do you like that….. leaves a very very bad taste in my mouth. If I could chew them up and spit them out I’d do it!
WARNING! Do not use this Palotraders platform. I had a breakdown and got really sick after I dealt with them. They are a scam and impossible to get your money once it is in. Due to medical reason, I have to withdraw my money sitting in my cash account but it was a deadly painful frustrating long battle until my lawyer and media got involved. They also threatened me that if I don’t write a review thru trust pilot by copying the review they dictated to me, I won’t see a penny of my money. I had a breakdown at that time already so copied what they said. It was a nasty experience and they are very rude and will passed you to 5 different people until you got burned out. They will also access and trade within your Shakepay account without your permission and manipulate amounts and dates. It is not right.
Scam alert! Do not do it. I regret signing up with them. I deposited $250 as they claimed it was the minimum entry and signing fee. As soon as my account was set up, my balance was down to $218. Where was the other $32? Was it commission, but at what rate? Some guy called me a few minutes after my account was active. All he did was instruct me to pick a forex and start trading. Did not explain why that particular one. He promised to call the following day. Nope! Didn’t bother. I watched the trade going down all the time. I checked the withdrawal section, it wasn’t user friendly like other forums. I have now sent an email requesting closure of the account and a pay out of the balance. No one is quick to get back to me as they were when I signed up.
The public need to be warned that Palotraders.com are thief, scammers, fraud and unprofessional. November 18, I was searching on the net seeking investment with bitcoin and poop up Palotraders.com requesting to transfer CAD $315.00 to establish my investment through Shakepay till to determine appointment with the professional to explain the Palotraders.com platform. The professional and other man trying to push me hardly, unpolitly and screaming in the phone to transfer more money to start my investment, (we were used zoom but they hide themselves on Zoom screen). Unforetounelty, I was refused to transfer extra money and decided to keep my self away. Palotraders professional calls me more than 5 times per day to delete my comments. This company is a very high risk for the public and should be shut down
FRAUD I tried out their training platform with the smallest amount of money possible. I like to fully understand how to use a platform before putting more money down. The "expert" was not able to answer the simplest of questions. After walking me through one trade he was pushing for more money. I asked for a tutorial of their software. They directed me to other companies sites. I had earned money on the trade I made, and closed out the account. I did not receive my full refund. I risked the money I am then due ALL my money back. This is fraud
This is a scam they took my parents money. Do not trust Andrew James or Brian they will take your money and Rob you blind.
WARNING WARNING...Do not under any circumstances put your money into this platform...These people are THIEVES ,AND WILL KEEP YOUR MONEY EVEN JUST $1.00....THEY ARE A LOW BUDGET ,DESPERATE AND UNPROFESSIONAL WEBSITE,STAFF AND PLATFORM...BETTER OFF GIVING YOUR MONEY TO A CHARITY...GOD WILL BLESS YOU,YOU'VE BEEN WARNED,DONT BE STUPID!!!!!!!!
I have been told twice now that I cannot withdraw any of my account and that I need to fund more before they will help me with trades. An update.: this is a total scam and I have soemone going after them. They told me that none of the money in the account was mine and was all their bonuses when I asked to withdraw. Then they closed trades so the account lost all the money.
Its really scam. They told me to put US$ 250 and rest will be taken care of. But, it’s all false commitments. In my case one of their agent called me after placing the money and asking me to put more money otherwise I can withdraw my money. I was supposed to get back money by 3-5 days , but’s it’s already 10 days , I couldn’t get back money as yet. But till today I don’t know whether I will get the money back as their promise. By this time they already charged a big amount from my deposit saying that that is their service fee without any service. So please be careful .
Will take your money in with Bitcoin and never allow you to withdraw your money. Be warned!
I transferred fund for trading within few minutes in July 2021 with more than 4 staffs supporting deposit. After some trade loses using the worst platform ever, I requested for the withdrawal of my balance with no one attending to my request. Not until I made review publicly about them publicly. I received a call to wait for another 1 week but advised to pull down my last review until my request is granted. This is going to another 2 weeks again, and now over 4 weeks. No wonder transfers was requesting in BITCOIN to avoid traces. The public need to be warned! I will keep shouting until my fund is released.