8
Reviews
Some idiot phoned me from Tradetime, 07723604892. Sounded like a scammer. Asked if I had experience of trading etc. No experience of trading but recognise a scamming #### when I hear one. Best hang up. If some stranger phones you with brilliant deals, seriously ask yourself why?
“High Pressure Selling & Ethics” On my first day of trading after having transferred money to my account, I was assigned a trader who on the first day recommend to me to invest in the German markets, even though I told him I had no experience of them and had been trading in the past in the American markets - Nasdaq, Dow Jones etc.He told me that it had bottomed out and now was a good time to get in - I took his advise and invested only it hadn't bottomed out it dropped over £10,0000.00. I had money over to cover the potion so it didn't boot me out but it never recovered. I tried for weeks trying to get this one position back I was dropped into on the first day. Eventually the position was unrecoverable and I lost £15,0000. If you lose your money they just want you to put more money in so they get more commission.Because I lost my money off the recommendation on the first day they offered me to match any other deposit with the same in form of Bonus . I put another £15,000.00 in and they added £15,000.00 in Bonus. On the understanding I followed their recommendations more. "JUST AVOID this company and any Bonus" - the bonus is never yours it only lets you use it as capital to invest more. Which they make more commission on "Double" , if a trade makes a loss say £1,000.00 that comes off your money and not the bonus that stays same. All loses come off your funds only, when in my case these reached zero for a second time - anything in the bonus is automatically taken of you. The pressure of continues phone calls at all hours of the day, on different numbers as I was blocking them ever time they rang wanting more and more money. These companies have a failure rate of 75% - let me say that again "That's 3 out of 4 investors lose their money" . What makes you think you are the 1 out of the 4 that wouldn't lose money. Although this company looks like it is based in the London, UK it is not governed by the FCA (UK) regulators for companies trading in Forex. They would have the "Teeth" to force them to treat clients fair and in accordandce to set trading standards. They are banned from trading in the USA "Red Flag" They are "Un-Licensed" and registered in VANUATU that is a little island in the pacific west of Fiji I have reported them via my bank and the FCA as lost total of £31,000.00 , still under investigation to make it illegal for UK banks to transfer money to this company "Black List Them" like in the USA. Update - got all the money back from my bank, should have know about these scammers.
Tradetime.com is a SCAM SCAM SCAM!!! Stay away! You think you are depositing to trade on their platform and the truth of the matter is that their platform is a manipulated demo trading account. Tradetime.com makes you think you are making money to get you to deposit more. They robbed me blind. Stay away from these thieves. DO NOT TRUST THEM OR ANY FAKE REVIEWS ABOUT THEM THEY ARE A SCAM!