Comments on PaisTrade

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

You may be wondering why we review PaisTrade. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

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

The broker mentions being part of: PaisTrade Marketing LTD.

As to its location, The broker mentions being based in: Cyprus, but this information is false, we do not know where its headquarters really are.

If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.

📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌

If now we go on to analyze account types offered by PaisTrade, we note that it offers 6 different types of account / plans: Educational Account, Standard Account, Premium Account, Gold Account, VIP Account and Tailored Account. We leave an image with a little information about each type of account.

Educational Account: minimum initial deposit of 250€, leverage up to 1:20, fixed spreads, tutorial videos (partial access), base currencies.

Standard Account: minimum initial deposit of 2.500€, leverage up to 1:50, fixed spread, tutorial videos (partial access), base currencies + gold, silver, oil + minimum cryptocurrencies, customer service, legal defense coverage.

Premium account: minimum initial deposit of 20.000€, leverage up to 1: 100, fixed spreads, tutorial videos (full access), base currencies + gold, silver, oil + minimum cryptocurrencies, customer service, legal defense coverage, full access to cryptographic tools, full access to business assets.

Gold Account: minimum initial deposit of 50.000€, leverage up to 1: 200, fixed and floating spreads, tutorial videos (full access), base currencies + gold, silver, oil + cryptocurrencies, customer service, personal account manager, news and alerts, legal defense coverage, full access to crypto tools, full access to trading assets, stop loss, referral redemption programs.

VIP account: minimum initial deposit of 100.000€, leverage up to 1: 200, fixed and floating spreads, tutorial videos (full access), base currencies + gold, silver, oil + cryptocurrencies, customer service, personal account manager, news and alerts, legal defense coverage, full access to cryptographic tools, full access to trading assets, stop loss / take profit, referral payback programs, VIP Pamm.

Tailored account: minimum initial deposit (check with the broker), leverage up to 1: 200, fixed and floating spreads, tutorial videos (full access), base currencies + gold, silver, oil + cryptocurrencies, customer services, personal account manager, news and alerts, legal defense coverage, full access to cryptographic tools, full access to trading assets, stop loss / take profit, referral rebate programs, participation in company events, telephone negotiations, VIP Pamm.

PaisTrade account types
PaisTrade account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that PaisTrade offers are: its own platform.

We will now analyze the different resources and aids for the trader that PaisTrade provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

PaisTrade website
PaisTrade website

PaisTrade provides the following help or resources to traders or interested parties: economic calendar, news, FAQ section, really not much more than this.

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| Other information about PaisTrade |

Some more information in case you want to contact the company, or see its website for yourself.

Website: paistrade.com

Phone number+34 911 128 817

Email: [email protected] | [email protected]

>>> Assessment on PaisTrade <<

Ending with this section, in our opinion Do we believe that the PaisTrade company is reliable? Should you invest your money with the company?

When seeing all this, we recommend to exercise caution, because: it is an unregulated broker and we do not know where its headquarters are really located since it uses false information, when looking for reviews about PaisTrade we have We found several negative reviews warning about PaisTrade. We suggest using caution.

⛔ Attention ⛔ : in October 2020 CNMV added PaisTrade to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to the CNMV October 2020 ⚠️ warning

We always recommend working only with properly 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?

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

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, you can also leave a comment on our website with your experience if you are a client of the broker.

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

What do you think of PaisTrade? What has been your experience?


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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.

6 comments on «PaisTrade: Rating and Comments»

  1. YUMBO Reply

    I lost all my savings with paistrade.com, and they also stole money from my bank account, they stole everything from me. Much BEWARE! Scammers and professional thieves without any scruples

    • Recommended Brokers Reply

      Hello YUMBO, you can get it back, I assure you, don't give up. Thank you for sharing your experience with PaisTrade. This broker is a SCAM. Do not send them more 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 have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      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

      regards

  2. Oscar González Terrones Reply

    They are without shame, they cheated me in the simplest way because of my inexperience, what a shame for those who do not know how to live otherwise. I did not even lose money in an operation that was done, they simply stopped answering me when I wanted to withdraw part of my investment.

    • Recommended Brokers Reply

      Hi Oscar, you can get it back, I assure you, don't give up. Thank you for sharing your experience with PaisTrade. This broker is a SCAM. Do not send them more 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 have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
      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

      regards

      • YUMBO

        My sad story begins in December 2019, I register on a platform called Aspen Holding and they contact me several times on December 19 and January 20, I was not well at that time since I suffer from bladder cancer and it did not work on the 15th. On the 2nd of 20, a certain Israel Andrade called me on behalf of Aspen Holding in case he wanted to activate the registry, I asked him that he did not understand investments and he told me not to worry, that he took care of everything since that was his job. He told me that he represented a company called PAISTRADE.COM. Also, he told me to buy BTC in a tobacconist and I did so, he asked me for the BTC codes were € 500 a week later he sent me a report to make investments in BTC there were several options with different amounts of money I chose an option, He sent me some bank details by mail to send a transfer to an account number whose owner was a company called Ustinoff Global investments limited liability company located in B Santander, a month later I sent another transfer to an account in the name of a beneficiary who was PAISTRADE.COM client located in B. Unicaja bank, both banks located in Madrid. When I requested the withdrawals, the problems came, I could not withdraw the earnings that he said he had. That I could only withdraw if I bought € 2.500 in BTC at btcpuntocom ATMs and send them to a Wallet and that in 4 hours I would have the profits in my bank account. I no longer agreed to send more money,
        Also, abusing my naivety and my confidence took away the little that I had left in my bank account for the age that I am, I was very gilipoyas, well I believed that this guy was going to help me earn money to help my son with studies now nor for him or for me, everything for that HP and his henchmen, they are. people without any principle and without any conscience I think that if they know the damage they do to humble pensioners like me, he practically left me in the street, the worst thing is that he knew it for 5 weeks we were talking and I asked him several times if this story was true and he did not give me his word hopefully they cut out his tongue so that he does not fool anyone. Sorry for the length of my letter, I hope it serves as an example so that no one else falls into the hands of this coal. Sorry for the length of my letter
        A DOUBT
        YUMBO

      • Recommended Brokers

        Hello YUMBO, you can get it back, I assure you, don't give up. Thank you for sharing your experience with PaisTrade. This broker is a SCAM. Do not send them more 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 have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
        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

        regards

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