✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
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.
️️ 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 adress: Paseo 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 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.
ℹ Another insights about foptrade ℹ
🔻 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. 🔻🔻
[democracy id = ”1948 ″]
THANK YOU THANK YOU! I WAS ABOUT TO DEPOSIT THEM, THEY WERE PRESSING ME AND I WAS ABOUT TO DEPOSIT A VERY LARGE AMOUNT OF MONEY TO FOPTRADE, FRIENDS SAVED ME. THANK YOU SO MUCHSSSSSSSSSSSS
Hello Alejandro Lucas, 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.
Hello, I deposited money with them through a credit card, how can I recover it?
Hello Alejandro, to recover your money try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
New information
I have been researching more about these people through other contacts, workers, former employees and clients and I have important data
The director is called Guillermo Efrén Hernández and the deputy director is Joshua Duran so I found them on facebook
From what I investigated they are the leaders of that place
The way they hire is through employment pages and the person who interviews you is called Dennis, who by the way does not have the slightest idea how to do an interview. She makes you sign a contract where you practically renounce your rights, this company does not give you social security or payroll or any type of benefit
Then they send you to a training with Eduardo, he is the trainer of the first module or level that is canvas, there the employees make the first contact
Then they train you again, in this case a girl named Verania who, by the way, is the girlfriend of the boss of the company is a girl who is 20 years old and has not the slightest idea that it is a training, you can see that the post is for pure pretty face
When you finally make it to the floor, they assign you a manager Deidamia Diego Fredy Daniel Paola Cristian Mauricio Alexis Esteban and Kevin who, by the way, are the most humiliated in the entire room
The truth is that one enters with the hope of earning money and having a better lifestyle or being able to be better off financially. They sell you the idea that you will make a lot of money there and that in fact the bosses and managers earn millions. I sincerely DO NOT BELIEVE IT since every day they sanction their managers and brokers, they are daily fines whose money from what I saw and they have confirmed, that same money ends up being left to the bosses themselves! I think that if they really earn so well they wouldn't have the need to steal from their own workers, there's no other way to say it. That place forces you to always stay late, working working hours above 12 to 15 hours and without extra pay. On many occasions they don't even pay you for the day even with the extra sanctions that they want to put on you. there they always humiliate everyone, they make you believe that you will not find anything better that they do not have the capacity and that this job is the best thing that could happen to you in life when in truth it is the opposite, they are stealing from people!!! And among themselves, which is the worst!
After that they will pass another filter, once they get a "client" victim there is another area called complianses the head of the area is called Esmeralda and in the same way guess what, she is another girl who is also there because of her pretty face, she is the girlfriend of the other boss Joshua Duran
The last module that employees and clients arrive at is retention, which by the way are not in the same offices as canvas and sales but in a totally independent one, they are the ones who will be in charge of getting all the money possible from them!!
I inquired more about them since at the reception they have told me that many clients go and that they themselves sometimes try to warn them, we are already seeing this with the authorities since one of them has the full name of the heads of that office, perhaps filing a lawsuit something people who have been defrauded by these scammers can do
Hello Anonymous, THANK YOU SO MUCH FOR THIS DETAILED INFORMATION about FOPTRADE!!! Our users will surely appreciate it. Now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.
Hello good morning, thank you very much for the capital recovery service. The truth is that I had been scammed of money that I thought was lost but I have managed to recover almost all the money in full, thank you very much.
Hello Federico Pascual, Great!!!, thank you very much for notifying us, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them, you can read your review.
For others who want to get their money back, they should try to talk to our chat or click on this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings and good luck.
If I invested $260 thousand with Foptrade and every time they inform me that I keep losing my capital and they tell me to invest more so as not to lose, they are scammers, how can I get my money back, who can I turn to, how can I sue them? help me please.
Hi Javier, 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.
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
Hello Federico!
The service you used was mychargeback?
Unfortunately I also fell and I have quite a lot of money with them. I want to start the recovery process with them.
Hello Anonymous, the sooner you start, the more possibilities you will have, to recover your money try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
The way in which they operate is complete. I was in the office for a while and I know that there are many people being scammed by them. 85 people a month, what are the accounts that they ask for each month, they lose their money, some of their life savings, other money for illnesses or their children's studies, thinking that they are going to earn more money and in the end they lose everything. I want to tell them that I do not agree with what they do, it is not in accordance with my principles, and they can contact me so that I can give them information on the people who work there and how to get in I know from some of the receptionists of the building where they are that they don't even pay rent and that even the same building they scammed to be there are rats that don't even have enough for offices because they have everyone piled up and now that the building has been swindled so as not to pay rent, I understand the whole area where clients arrive and they interviewed me, it's pretty to keep up appearances, but inside it's horrible, everything is broken, they don't worknor the air conditioners, I'm not talking to people in the building so that one day they will let all the customers ask for what belongs to them because they need access to be able to pass –
the bosses joshua and guillermo are the main thieves I know from managers who work there that the worst is guillermo despot and arrogant they say that now he almost doesn't scold anymore because his girlfriend who is his assistant won't let him but before they say he yelled at them very ugly and now what yells at them is joshua just as despot as guillermo I honestly never saw guillermo scold but yes at joshua and he yells at them very ugly he humiliates them and just doesn't hit them because it would be a lot but almost
they say that joshua is guillermo's chalan and that he treats him like a cat because he does everything he tells him and asks him to do but I wasn't there long enough to know if that's vdd but what kind of person does those things just because they order it You must be a person without your own decision to get to that, what if you know is that you see that they are people who feel a lot for having money and maybe they don't even have money, they have to live in houses of laminate or in neighborhoods all ugly or home They must have their own but it is money stolen from other people and they know that outside of that fourth-class office they are nobody and they could not get an honest job because most of those who work there did not even finish school. In short, I only hope that justice is done for them. all those people and I can already imagine them old with nothing or in jail anyway I hope to be able to file complaints against them because I have some names I wrote them all down
interview: denis from human resources
training: eduardo manager of another area that is the one that locates the victims
exam: emerald from a department that apparently asks for documents whatever you do, do not send anything
later a girl who I don't remember her name explained to us about the payments
managers: deidamia, mauricio, paola, daniel, fredy, cristian, alexis, esteban, kevin, all the same presuming that they know a lot but outside they know nothing and would be nobody
Hello ANONYMOUS, THANK YOU SO MUCH FOR THIS IMPORTANT INFORMATION about FOPTRADE!!! Our users will surely appreciate it. Now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.
Unfortunately, I fell in contact with a certain Oscar Fonseca and a certain Tere Mercado. Before I put money in, they called me up to 5 times a day and when I asked them to return the funds, neither of the two rats simply answer me anymore. The phones are Tere's 5582605640 and Óscar's is 5533811225
Hello Julio, now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.
It's good that I found them, between yesterday and today they have been bothering me, they say that they got my data from the CIE and they wrap you up very well, I created according to the demo account and when they indicated that I needed to deposit 1000 usd I told them that I did not earn that and that I don't have it (it's the truth), at that time I was busy and I told him to dial me later and fortunately they didn't dial anymore, and if they talk, to hell, they contact 5583778629 and 5553514960, by the way, look for information on your location on your portal and there is no data. Thank you for letting me know and above all, for preventing me from falling into a scam.
Hello Samuel, we are glad to have been of help, thanks for writing to comment on your experience.
Greetings.
I couldn't get my money back and I couldn't withdraw
Hello erik, now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.
These are wolves in sheep skins. I dealt in Foptrade with those who, with the accent of CDMX inhabitants, identified themselves with the following names: Arturo Ayala (Telephone 5616211540), Vanesa (5523546303) and Marco Báez (5571649689). They claim to have offices in Paseo de la Reforma, CDMX, very close to the Stock Market. There is among them a knowledge of stocks, companies and markets that serves as a hook to catch the attention of their victims. They speak the language of the experts in stocks, shares and securities as the Devil himself could speak of the Bible. There is a sending of requisite documents, apparent paperwork before a "compliance" area and supposed "ethical" standards for registering and investing in an account on the Metatrader platform. Everything ends up being smoke. After starting with an initial investment of 1000 USD in the Forex market, the character surnamed Báez (a scam professional who at all times denies being a scammer and who claims to dial one from European offices in London or Spain) got ( after calling me almost every day to "advise" on obtaining "returns" higher than 12% per month and an accumulated "profit" close to 3 USD) that I increased the investment to 5 USD. My awakening to reality occurred when (with “the help” of Báez himself) I requested the withdrawal of 1500 USD from the “earnings”. Neither Báez nor the other cronies responded to my calls, messages and emails when, simply, the aforementioned withdrawal was conspicuous by its absence in my bank account.
Hello Francisco, now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.
They dial without authorization to use my number, they are rude and nobody asked them for their fraudulent services.
They change their name every few years.
They claim to be a government company.
Eye total fraud.
Hello Antonio, now we have obtained the address of these scammers and we can go to their offices to claim our money and take photos of the workers so that everyone can put a face to these criminals.
Its address is Paseo de reforma 250 tower B, 17th floor (Mexico City, Mexico) but they wait for you at the reception of the 7th floor, they have 3 levels with their employees, see address HERE.
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 on the market, they only show it and in the end they tell you that you've 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.