✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

Comments on Foptrade

Analysis on Foptrade

➡️ In this section we will analyze foptrade (also called with the name: foptrade.com), is a Forex and CFD broker. Is Foptrade really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

Now, you can find the following: opinions about Foptrade ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is Foptrade a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.

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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

  • Foptrade mentions being part of: Turbo Trading Limited.
  • Regarding your location, the company is based in Vanuatu. ATTENTION: We have received information that your real name, and your real headquarters (where you are calling from) is located in the next adressPaseo de reforma 250 tower B, 17th floor – Polanco, Polanco IV Secc, Cuauhtémoc, 06600 Mexico City, CDMX, Mexico – They wait for you at the reception on the 7th floor, they have 3 levels with their employees: 1st level: canvas, 2nd level: sales, 3rd level retention.
  • If we analyze your security, we note that Foptrade does not have any type of regulation.

ATTENTION: Foptrade is a broker NOT REGULATED.

📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 

Now we go on to analyze the account types that Foptrade offers, in this case, we observe that it offers 4 different types of account:

  • Micro Account: personal account manager, 24-hour service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis.
  • Classic Account: Personal account manager, 24-hour service and support, e-books and training videos, live professional trading sessions, streaming news and market analysis, exclusive daily analysis.
  • Premium account: personal account manager, 24/XNUMX service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis, exclusive daily analysis, automated trading signals, advanced algorithmic trading tools .
  • VIP account: personal account manager, 24/XNUMX service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis, exclusive daily analysis, automated trading signals, advanced algorithmic trading tools , individualized expert advice, licensed asset management services, exclusive business conditions VIP promotions.

La platform to operate that Foptrade offers is: MetaTrader 4.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that Foptrade provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.

Foptrade website
Foptrade website

Foptrade provides the following aids or resources to traders or interested parties: a brief explanation about the services it offers, frequently asked questions section, not much more.

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Another insights about foptrade

 

🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻

  • 🌏 Website: foptrade.com
  • 📞 Telephone number: does not have
  • 📧 Email: [email protected]

Maybe you wonder why we review Foptrade. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

Valuation on foptrade

Ending with this section, in our opinion: Do we believe that the Foptrade company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐

❌ After having examined it, we advise you to exercise caution, since it is an illegal company, clearly established to take money from people through deception and cheating. It is not very transparent, since it does not offer legal information, it does not show data about its registration and it also lacks regulation (unregulated company). ❌


A pocas palabras: It doesn't seem like a good idea, we suggest using caution.

ATTENTION : dow500, TurboTrading, foptrade, dow300, Dowbroker, FinanCenter, Single500, SMINVEST, Scope Markets, TechInvest, DowTrade y DowFx, all these sites belong to or are closely related to Turbo Trading Ltd, a company illegal located in Mexico City, which has a large number of complaints against it for all the scams committed. WE SUGGEST EXTREME CAUTION


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻

 

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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

88 comments on «Foptrade: Rating and Comments»

  1. Alucard Reply

    They tried to pressure me to invest, but since I'm distrustful, that I know a little about investment, the social engineering they use to involve you, and that I'm really not interested in investing that way, I gave them long. In the end they called me, they got angry when I repeated for the umpteenth time that I wasn't interested, they told me to stop being idle, wasting their time, and that's why I'm the way I am. If they managed to make me consider investing but first I will investigate the correct methods and the actual operation. And not by pressure from a phone call.

    • Recommended-brokers.com Reply

      Hello Alucard, all the brokers that call by pressing are SCAMS, no serious financial institution does that, only these brokers are dedicated to stealing from clients who they manage to convince by pressing over the phone. DON'T FALL INTO HIS TRAP!!!

      Greetings.

  2. José Reply

    Hello! Good morning, I was able to recover my money with mychargeback, use their services if you need them! Thank you very much.

    • Recommended-brokers.com Reply

      Hello José, FANTASTIC!!!, what joy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you are looking for our recommendations click HERE

      Greetings and good luck.

  3. Guillermo J. Hernandez Durán Reply

    I JUST WANT TO HELP
    I SUE THE PEOPLE WHO WORK THERE DIRECTLY, I HAVE THEIR PERSONAL ADDRESSES, THE ONLY WAY THEY RETURNED MY MONEY TO ME DO I SHARE ALL THE INFORMATION SO THEY CAN SUE THEM DIRECTLY

    • Recommended-brokers.com Reply

      Hello Guillermo, if you really want to help, put the data of these people who have scammed so many people in this FORUM so that everyone can see it and can claim all the money that they have stolen, we offer you our website so that you can help everyone who has been cheated by this broker.

      Greetings.

  4. MARTHA Reply

    EVERYONE WHO SAYS THAT YOU CAN WITHDRAW MONEY FROM THIS BROKER… IS LIING!!!, THEY ARE SCAMMERS, THE ENTIRE BROKER IS CREATED TO SCAM THEIR CUSTOMERS, READ THIS COMMENT: HOW FOPTRADE SCAMMERS ACT

    • Recommended-brokers.com Reply

      Hi MARTHA, thanks for commenting on Foptrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look 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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Guillermo J. Hernandez Durán Reply

      If you have already lost money with this fraud, especially with this company, send me an email, I was able to recover mine, through a legal process directly with the "advisors" I can tell you how. HERE

  5. Antonio. Reply

    Hello, I remind all those affected that Dow500, Turbo Trading, Foptrade, Dow300, DowBroker, FinanCenter, Simple500, SMINVEST, Scope Markets, TechInvest, DowTrade and DowFx are all part of the same company and according to investigations we suspect that they are in Ciudad de Mexico.

    My idea is that among all these companies, all of us affected get together and sue together. I think that if we come together we can get the authorities to move and really do something against these cyber thieves. Write me here those who want to achieve something. Greetings.

    Antonio.

    • Recommended-brokers.com Reply

      Hello Antonio, thanks for commenting on Foptrade. This broker is a SCAM (Dow500, Turbo Trading, Foptrade, Dow300, DowBroker, FinanCenter, Simple500, SMINVEST, Scope Markets, TechInvest, DowTrade and DowFx are part of a criminal group dedicated to international scams). Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look 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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  6. Raul Reply

    Today, March 28, 2022, a Foptrade broker who had been advising me on my account communicated with me and told me that I lost my investment of more than 6 thousand dollars since the war between Russia and Ukraine collapsed investments. In previous days he was very insistent that I put $3,000 usd (three thousand dollars) into him so that he would have more profit. Today he tells me that if I want to recover my account I have to deposit $30usd (three thousand dollars) in less than 3,000 minutes if I don't lose everything. He tells me that I am responsible for the account, when he told me that he would take care of the account and we would avoid risks. I lost everything.

    • Recommended-brokers.com Reply

      Hi Raul, thanks for commenting on Foptrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look 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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

    • Guillermo J. Hernandez Durán Reply

      If you have already lost money with this fraud, especially with this company, send me an email, I was able to recover mine, through a legal process directly with the "advisors" I can tell you how. HERE

  7. ANONIMO Reply

    Hello, I have new information, Joshua and Guillermo only take care of their favorites in the office and they get their staff drunk every Friday. I also found the name of a new person named Susana, who is in charge of locating the victims (potential clients). True, she goes to bed with everyone, other information we had is that all her managers have drug addiction problems, one of them is called Mauricio, who is the one who sells them, he is a misogynist who harasses all those who arrive, there is also the systems manager called Yadir which does nothing inside the office.
    By the way, next week they will upload a new manager named Fredy Pacheco who is in charge of training the new managers on how to defraud the next victims, who says that he was in offices in Europe together with the owner named such and his wife Florencia. be very careful with this company and a lawsuit is being raised which is being approved, in the next message I will leave you the contacts to help the victims of these despicable beings

    • Recommended-brokers.com Reply

      Hello ANONYMOUS, YOUR INFORMATION PROVIDED IS EXCELLENT, WE ARE WAITING FOR MORE COMMENTS!!!. Thank you for commenting on Foptrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look 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?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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