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Samtrade FX
Samtrade FX reviews

Samtrade FX customer reviews

Updated: April 17, 2026

Written byChristine Richards

GlobeGain rating:

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Summary

Multiple reviewers describe the broker as fraudulent and strongly advise against using it. Frequent complaints include withdrawal problems, blocked or frozen accounts, demands for exorbitant processing fees, and funds not being released even after paying fees. Customer support is reported as unresponsive or slow, with account approvals delayed. Several users say the company is under investigation by the Monetary Authority of Singapore and by Singapore police and cite media reports from December 28, 2021 about accounts being frozen. A few reviewers report recovering funds with third-party help such as Lit Claim and a supporter named cloȚtEr:waVeȘ, but overall trust in the broker is very low.

Orlando Berry

19.03.2026 | 19:04

I truly appreciate the support from cloȚtEr:waVeȘ that helped me recover what I had lost after my account was frozen

adminctrackltdatprotonmail

18.05.2022 | 01:22

This company is currently being investigated by the Singapore police,a fake broker holding millions like me hostage.

Yogesh Singh

14.02.2022 | 04:04

This company in under investigation by MAS(Monetary authority of singapore). All accounts are freezed, So stay away from it. Please read media news on 28 Dec2021.

Noreen Davis

11.10.2021 | 19:45

This is a very fraudulent platform and should be avoided, definitely not to be trusted with money or information. They gave me huge profits and asked for exorbitant fees to process my withdrawal request but didn't release my money when I paid. I contacted the company Lit Claim when my account manager started ignoring my calls and they came through, got all my money back

MEPT Sathish.T

15.05.2021 | 11:48

There is no proper customer support,I have opened the account One week before, Still there account approval is pending, there is no signal response from customer support.

BREN

11.09.2020 | 09:12

Absolutely low end broker, I don't recommend this brokerage service to anyone. Problem with withdrawal too....