Dressed up scam do not waste your money…
Dressed up scam do not waste your money or time. No legal registered broker or platform would take your purchased stocks from YOUR account. After two months of consistent calls finally decided to try them with the US $100 13th May 2025. All of a sudden a lot of available trade items from the demo account disappeared with the real account (First sign of scam). Was given a bonus US $40 for depositing US $100 to trade (Second sign of scam). Bought AA stock at $12.XX, stock dropped to US $11.XX, got call few days later from "senior account manager" trying to convince me to deposit more money (Third sign of scam) and tells me I bought when stock price was high and when your account drops to some "technical termed level" you lose your money. So said so done and my stock purchase and money disappeared on the 21st May 2025 to US $0.00. Of course I would not have read through the agreement, that i agreed to, so they probably could legally take my money.
Reply from Fortrade
Hi Mr. Nanton,
Thank you for sharing your experience. We understand that trading—especially for those new to leveraged products—can sometimes feel overwhelming at first, particularly when market movements don’t go the way one hopes.
It’s worth clarifying that your account operated exactly as outlined in the agreement you accepted upon registration. Leverage, which amplifies both gains and losses, was clearly explained to you by your dedicated account manager, who also offered continued support and guidance. We appreciate that you chose not to proceed further, and of course, that decision is entirely yours.
What we kindly ask is that personal choices and outcomes not be confused with misconduct or scams. Transparency is one of our core principles, and we pride ourselves on acting within regulatory frameworks and offering full client support at every stage.
We wish you the very best in your future investments, wherever they may take you.
Kind regards,
Fortrade