✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in 44Trades. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about 44Trades and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | 44Trades.com |
| 🏠 Company | holdings group LTD |
| ️ Regulatory | FSA (Seychelles) |
| [email protected] | |
| 📈 Leading | own platform |
| 📌 Direction | Islas Marshall |
⚠️ 44Trades is owned by FX Capital Ltd, the company is located in Marshall Islands, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we move on to analyze the account types that 44Trades offers, in this case, we note that it does not offer account types.
Information on the web
44Trades provides an explanation about the services it offers, market news and analysis, FAQ section, not much else.
List of phone numbers
- +44 7360538457 | +34 919033400.
🚫 44Trades Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH 44Trades.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about 44Trades:
| Date | Update – news |
|---|---|
| July 2022 | Complaint against financial regulator 44Trades: CNMV. |
| August 2022 | The 44Trades broker is linked with CoinDeck y TradesUniversal. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with 44Trades.
At the end of the review you will find customer comments.
How to Claim Money Scammed by 44Trades
How to Report 44Trades
FAQs
How can I report 44Trades?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is 44Trades a scam – is it a scam?
Yes. We believe that 44Trades is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is 44Trades reliable?
No. 44Trades is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from 44Trades?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to 44Trades?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I worked 2 days in that company and I was surprised and stopped working because I found out it was a scam, they have a call center in the Dominican Republic and they work from here, whoever wants more information write to me in this forum, I am willing to help . I know we can find those thieves.
Hello Wilmer, I think you can help everyone affected by writing names, addresses, etc. in detail.
regards
Hello, good ones: I was scammed by the thieves of 44TRADES, . I have recently tried to enter their website and get in touch with them from the phone and another company answers and on the web it can be seen that they have closed the page.
Can anyone tell me what name they operate under now to continue claiming my money?
Thank you
Hello Francisco, if anyone knows what they call themselves now, let us know. You can get the money back, thanks for commenting on 44Trades. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Do not invest with this platform, which is a complete scam, if you want to lose your money, invest and you will see for yourself. They are camouflaged thieves, they just want you to deposit your money with supposedly false earnings, all with the idea of not returning your money when you want to make a withdrawal, everything is deceitful and they know how to do it very well for ignorant people like me who fell into their networks. I have lost €1500, and I don't know how to get it back. Do I have a chance to get it back and how? I already reported them to the police. They are very cheeky and rude when they are discovered, unpleasant. DO NOT INVEST WITH 44 TRADES and unregulated platforms
Hello Jesus, you can recover the money, thanks for commenting on 44Trades. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
I was a victim of a scam with $1000, the money was never reflected in my account and they never called me