XtraderFX is an unregulated broker with a focus on crypto currency trading. The website claims that the Broker is owned by GPay in the U.K. but lacks a lot of important information such as XtraderFX spreads, XTraderFX account types, XTraderFX leverage. 24crypto.de is an award-winning online trading provider that helps its clients to trade on financial markets through Ako Obchodovat S Bitcoinom binary options and CFDs. Trading binary options and CFDs on Synthetic Indices is classified as a gambling activity. Dec 17, · Bitcoin is a digital asset that only exists online. It's often described as being like an electronic combination of cash and gold. Bitcoin is meant to be spendable like cash, but also able to hold.
Xtraderfx bitcoinXtraderFX - feedback and comments | Page 2 | Bitcoin forum - Discuss and Learn About Cryptocurrency
I stumbled upon this website and I was in a period when I was searching for ways of investing my savings. I made an account but did not deposit anything because I wanted to document more about tradings and forex. The next day in the morning I was called by them and talked through to deposit euro. I felt a bit comfortable when the woman at the phone told me that I will have an experienced account manager who will guide me through the process of opening and closing trades.
I was then called by my managers, Allan Brown, who straight up told me to invest euro and he will come with a bonus of 5k from his side. Didn't do the 5k deposit, but I was still persuaded to deposit another euro. So far euro on the platform. He opened a small trade which ended up making euro profit. I was surprised. Right after he told me to invest all the money into forex and to leave that trade opened for 2 whole weeks.
He set no spot loss or take profit points. In 2 days the trade closed itself and I lost all my money. After a lot of calls and attempts to make me apply for a loan, I heard nothing from Allan Brown for weeks. At the beginning of the year, I was called by another account managers, Adam Jones, who told me that my account was transferred to him for funds recovery. He told me that I have to deposit euro for his recovery plan to function. I deposited , overall euro.
For a couple of days, we did some small trades and then no signs from him. After I was called by another account manager, Michael, who asked for funds again, but I had no capital left. We agreed on trading risky because most of the money on my account is from bonuses and I can withdraw nothing tried and got rejected because once you receive a bonus from them you can only withdraw your money after you traded 40 times the value of the bonus.
So far my place is euro and I am planning to have my account deleted. In conclusion, avoid them. If you have to save and want to invest first of all read, read a lot about investing because you have no idea where your money go once you invested on a trading platform. I am a 21 years old student from Romania. My savings were from grants and money which I got through working as a freelancer. Romania is not necessarily a poor country, but neither a wealthy one.
Just to give you an example, the minimum net salary in Romania is euro. Xtrader-FX is a total scam. They get your money and encurage you to pay more. They don't hand out your refunds. They asked me for all my credit card informations to pay my money back.
Of course I'd never do that. They claimed that they need all my informations and not only my credit card number to transfer the money. Complete bullcrap. They claimed that since I didn't want to give them all my informations, I "wasn't interested in getting my money back. I just want to share what I've found out about XtraderFX.
Unlike others here who already wrote a review for this company, I haven't made any deals or investment with them yet. When they called me on the phone, I felt excited but I'm a bit skeptical too coz I'm worried if they're really legit.
And I saw so many bad reviews here so I made a research about them myself and checked the Financial Conduct Authority FCA if they are authorized to operate Which means more likely that your money is not safe and you can lose all your investment and you won't have a way to get your money back. Please feel free to visit the official site of FCA so you guys can take a look for yourself and be informed about the likes of XtraderFX.
I hope my review can help those who are planning to invest on XtraderFX So don't ever trust anyone. I lost my money last October and they keep ringing me again but I learnt my lesson. Believe me! Good morning to all of you. I will tell you my story with these evildoers. At the end of November I wanted to invest in the online trading market. By chance I met an engine called "Bitcoinloolphool".
And from there I started being cheated. Before I spoke with a guy, Mr. Coen Samuel, but for only days. Then he finished and started Mr. Gerog Balderov. With him I started to deposit money because I saw that the system worked in the right way, the only doubt I had was that it insistently required money on the bill. But anyway his work as a trader did it. Therefore, I would not personally open an account and trade with this broker, neither I would recommend my followers to do so. Instead of XTraderFX, you should try the brokers at the top of my list.
Warning from FCA. Very low reliability. Cryptocurrency focus but only three types of cryptocurrencies to invest. Please everyone should be careful and stop being fooled by all these brokers and account managers, i was and processed ,at the end i lost all my money,.
Why you should think twice before trading with this unregulated broker. Alternative options to an unregulated broker This review outlines red flags and risks associated with this broker.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks — they are highly volatile and sensitive to secondary activity.
You should also verify the nature of any product or service including its legal status and relevant regulatory requirements and consult the relevant Regulators' websites before making any decision. Ask an expert To ask a question simply log in via your email or create an account.
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