CFDAdvanced Review

Read our CFD Advanced review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a cfdadvanced.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So CFD Advanced is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about CFD Advanced in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.

CFD Advanced Review Conclusions

Making the CFD Advanced review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our CFD Advanced review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

etoro

44 COMMENTS

  2. This is a SCAM. After joining and sending 5000USD, try calling them and you will receive a message that the number dialed is not connected.
    Check ASIC website, no registration details.
    Send an email, no response.
    Reported this company to Australian authorities.

  3. PLEASE PLEASE PLEASE I URGE YOU ALL – DO NOT TALK TO THESE PEOPLE! DO NOT GIVE THESE PEOPLE YOUR MONEY. THEY SAY THE MINIMUM TO INVEST IS$250.00 US.
    THE INITIAL PHONE CALL THE PERSON GIVES YOU A UNIQUE SECURITY NUMBER WHICH YOU SUPPOSEDLY USE WITH EVERY COMMUNICATION AND THEY ARE AVAILABLE TO CONTACT THEM IN DIFFERENT COUNTRIES INCLUDING LIVE CHAT. I AM AUSTRALIAN AND THE NUMBER OR ANY NUMBER SOMEONE CALLS YOU ON SAYS THAT ITS OUT OF SERVICE.
    THEY HAVE A PERSON CALL YOU AFTER THE INITIAL DEPOSIT AS YOUR PERSONAL ACCOUNT MANAGER – THIS HAPPENED TO ME AND HIS NAME WAS MARK AND HE WAS VERY UNFREINDLY AND SAID I NEED $10,000 TO BE ABLE TO TRADE – HE HUNG UP ON ME WHEN HE WOULDN’T LISTEN TO WHAT I WAS SAYING.
    I GOT SCAMMED BY CLICKING A LINK THAT CAME THROUGH MY FACEBOOK WHILST READING AN ARTICLE ABOUT ELON MUSK ON CURRENT AFFAIR TYPE SHOW ON CHANNEL 10 CALLED “THE PROJECT” WHICH ALSO TOLD THE STORY OF THE EDITOR GIVING IT A GO AS HIS WIFE WAS WITH AN ILLNESS. IT STATED THAT HE LOST SOME MONEY AT FIRST BUT THEN MADE SOME MONEY AND IN A MATTER OF A WEEK OR SO HE WAS ABLE TO WITHDRAW $5300.00 THEN USED THE REST TO REINVEST. HIS NAME WAS ZACHARY. I CAN’T BELIEVE I FELL FOR THIS I HAD ONLY JUST ENTERED MY EMAIL AND PHONE TO BE ABLE TO HAVE MORE INFORMATION EMAILED TO ME, BUT THEY CALLED STRAIGHT AWAY BEFORE I GOT TO FINISH. THE GUY SOUNDED SO LEGIT AND I HAD NOT LONG WOKEN UP THAT MORNING
    I MANAGED TO CHAT TO SOMEONE ONCE AND THEY SAID TO SEND IN MY WITHDRAWAL APPLICATION
    SO THIS MORNING (THE DAY AFTER) I TRY TO CHAT AGAIN BUT NOW THEY HAVE HIDDEN FROM ME I SUPPOSE. THEY DON’T RECOGNISE MY CARD NUMBER ANYMORE BUT THE CONCERNING THING IS THEY WANT ALL YOUR IDENTIFICATION TO GET MONEY BACK EVEN THOUGH THEY THEY TOOK IT WITHOUT THE IDENTIFICATION.
    PLEASE SPREAD THE WORD TO AVOID cfdadvanced.london – sound so legit
    THE ELON MUSK INTERVIEW WAS DESCRIBED AS Bitiq and this is what I was reading but they are using it to lure you in.
    IF YOU LOOK UP BITIQ – THIS IS WHERE YOU ACTUALLY CAN START WITH LOW INVESTMENT WHICH I THOUGHT I WAS USING PLEASE BE CAREFUL
    I NOW HAVE TO WAIT 30 DAYS BEFORE MY BANK CAN DO ANYTHING FOR ME IF ANYTHING AT ALL CAN BE DONE – I DOUBLE IT.
    WHEN YOU LOOK UP THE REVIEWS THERE ARE MIXED ONES – AND YOU WILL SEE THE RESPONSE FROM CFD ADVANCED STATING THAT THEY HAVE NO RECORD OF YOU – WHEN I QUESTIONED THIS THEY SAY THAT THEY DON’T PAY FOR REVIEWS AND THATS WHY YOU WILL SEE SOME BAD ONES
    ABSOLUTE SCUMBAGS HOW PEOPLE CAN BLATANTLY LIE I HOPE THEY LIVE A MISERABLE LIFE!!!!

  5. Do not deposit money, they call Every Day to push you to deposit more and more and at the end you end up losing everything. When you want to withdrawal you have to wait 90 Days and then everything is gone… Big scam. Terrible service. 0 for custumer support👎👎

  6. CFD Advanced is an excellent SCAM!!!
    They really do a good job with their website and trading platform. Their first step is to get you confident with their secured passwords and their risk management etc… They then make 2 trades for you whit the little deposit you did, where you make twice 5% in just a second. And then they start their peptalk of the fortunes you would make if you go for their Gold account with a deposit of 25.000 US$.
    Please people, never, ever, ever deposit any money to these shameless immoral scammers.
    Just ask yourself the simple question: “If they really can make your money explode as they tell you they can, they would all be billionaires by now. Why would they put that much time and effort to make you deposit just 25.000 US$ then? Why would they even bother?”
    Their only business model is to convince people to deposit money. Money they’ll never get back. Within a few months this platform won’t exist anymore and they’ll disappear with with the money of thousands of people who deposited 5.000, 10.000, 25.000 US$ or more.
    Still not convinced? Did you as I did deposit a small amount and did they do some profitable trades for you? Check the trades they did. They manipulate their own system by buying at a much lower rate as the market rate at that moment. Just to sell it the same second at the real market rate. When you check the opening position of their trades you will see that the market price hasn’t been that low for a long time.
    With other words, their trading platform doesn’t make real transactions on the market. It just simulates and they can manipulate the buying price. Your balance that you see is just a number that gets higher at each trade they make. But that number is not your money, it’s just a number. A number that will never appear on your real bankaccount. It’s all just an illusion.
    Stay away from them!!!

  8. Hi I’m extremely angry with this company! I am dealing with a broker by the name of bill and he hung up on me when I told him I wanted to withdraw som of my money. I have called every phone number available and they appear to be fake. If I don’t get a response to this email promptly I can only believe it’s a scam and the whole world will find out as I WILL make it my mission. Please email me and call me promptly on +61418226625
    Scott Hookey

  11. Hello; Thanks for the review.
    I made profit on a long term investment in this platform. But they are asking me to pay 14% and 9 % fees before i can withdraw my money. They said that the liquidity provider is the one in charge and they cannot do anything untill the fee is paid.

    Is this supposed to be so ?

  12. Original money sent to them was stolen..they tried to get me to give more money which I refused. They then said that they would send me Bitcoin and wanted my banking account and password using AnyDesk and when I closed the connection at that point I was called a F—king a..hole and he hang up.These people steal your money

  13. Withdrawal is when the true colour is shown. Customer service is all good till the time you ask for withdrawal. They just keep the request pending for long and what is the point when you cannot use your own money at the time you want. I have been begging at their door for a few days now for withdrawing due to family emergency and they just keep postponing by way of no response, or a rare response to say it is a long term account etc, I lost all the trust that i placed on them for the past half year. I posted this review on trustpilot.com.au too and i got a standard response saying “please be patient, we are processing your request”. Meanwhile, the account manager messages on unofficial channel that it is not possible to withdraw because you agreed for long term.

  14. Its a scam mate, this website as well is scam, cfdadvanced is not regulated by fca i contacted them about this company so be careful.

  15. DO NOT TRADE WITH THEM,
    I had an account opened stating they had a bot trading system that I applied for, which after signed up with them they didn’t have what it was I supposedly signed up for, and now I have been trying to close my account for over a month now and getting absolutely no where.
    I have put in numerous withdrawal requests only to have them declined repeatedly with no explanation of why, had them ring me to try and talk me around is the only response after having to explain my case over and over, they told me they would allow the withdrawal of my deposited amount but won’t give me the amount I had accumulated with my funds while I had traded.
    My deposited amount has gone from my trading account but it has not reached my bank account for over 3 weeks now if not more and they won’t even respond to my numerous emails to give me any ideas advice or explanation of what the F#@k is going on. My personal experience is DO NOT USE CFDAdvanced AT ALL YOU WILL LOOSE WHAT YOU THOUGHT WAS YOUR MONEY. My drama is still currently unresolved

  16. CFD Advanced are not regulated under ASIC or the FCA. It took 2 phonecalls to both government departments to have this confirmed

  17. Beware! This trader, like most traders, will tell you that you can start with $250. Then they tell you that the $250 is US dollars. Then they harrass you with constant phone calls – up to 3 everyday- from different people telling you that you can’t succeed with such a small balance and you must deposit more. This is contrary to all their advertising. Then you mutually agree that you will withdraw your funds, but despite doing everything properly as they require, you never receive your money back. Despite numerous attempts over weeks and months they still do not perform. Deal with these people and kiss your money goodbye! Ian Gardner. Gold Coast, Australia.

  20. I want back my refund of deposit since 16/8/2021 paid to CFD account trading platform as the connection to CFD advance website is disconnected.

    Please respond urgently !!!!!!!!!!!!

  22. I am still trying to withdraw my money from CFD. Suggest that they must be crooks.

    Their whole operation is a con trick. Deal with these people and be prtepared to lose your money.

  23. Very bad company definitely a SCAM. So quick to take my money but when I ask to withdraw they’re teling me to wait or ignore me all together. I am still waiting…….. please investors Do Not invest with CFD Advanced.

  24. This whole site is a scam and a joke. Leave adverse comments and they are never published.Withdrawal requests are never honoured, Do not deal with these Crooks. Give your money to Charity not to Crooks.

  27. This company is definitely a SCAM. They ask if I can pay taxes and they will refund my money ….. and soon as i did that no more phone calls, emails no contact at all. They tell so muny lies.
    CFD Advance is a SCAM, SCAM andother companies that are conected to them.

  28. I got conned via this company. I was defrauded out of about £150000. The account manager was the initial point of contact. She contacted us, misled us, and persuaded us to make ever-increasing deposits. I was aware that something was wrong the entire time, but she kept telling me to relax, that everything was under control, while in reality she was lying to me the entire time.
    She eventually made up a tale about being hurt and having to go to the doctors. She was released from ER and substituted by another administrator (obviously a lie), who told the very same tale in the same circumstances. We waited for a month when he requested us to put another £150000 in a package of steps to keep the account from collapsing, and we panicked and only paid for the money we had invested to fail.
    Within a week, he requested for another £50000 to stable the accounts, however we refused and I requested that he refund the money. He was vehement in his refusal. I quickly launched an investigation with Vitalretrieve and within four weeks of Investigation, I was refunded this morning back with my money stay away from cfd

  30. Do not Do anything with cfdAdvanced they don’t have a hart you won’t get your money back there linked to bitengecko.com they do the same thing ripp you off one way

  31. Scam, scam, scam. Fake company with fake address and phone numbers. Fake smooth talking vultures. Don’t invest with them. The results are fake.

  32. They are very mean. They keep calling on you and sending messages and email but money never comes back. I put the case on Belgian authorities. They took more than 1500 USD from me. Go to the police, denounce in the embassy, make them suffer and avoid others be scammed.

  33. CFD ADVANCED MAJOR SCAM SITE
    Back in May 2021 I received an email which I originally assumed was from a friend telling to get on this and make some cash so I followed the link had great reviews etc etc and they immediately rang and said I had to start with minimum of $250 USD which I sent ,everything was good for 3 weeks then stopped trading and was told I had to invest minimum of $5K USD to continue …I said I do not have it ,I agreed on $1k USD sent via BTC wallet again trading was average and it slowly grew but had 5 different account managers ,every time a new one I get the call for more money I said no and decided to withdraw after about 5 month balance was about $11k USD .Two week later I received written withdrawal approval stating tax payment fess etc Balance I was to get was $9790 USD and then I receive email from their finance section saying I must pay 4.5 % broker fee then my balance would be sent to crypto wallet ,I sent them address they had it .After paying the 4.5% via BTC while a Louis Crow was on the phone and he said we have it your money is on its way ,end of phone call but nothing to my Binance wallet I awaited a day or so as delays happen and now 4 day nothing so tried calling ,chat emails to various so called departments but nothing no reply no nothing .STAY AWAY SCAM SCAM SCAM but they are good mine lasted 5 months.

  35. hi i invested $1250 australian a year ago through CFD advanced in a company called FRCM aparently they were corrupt so 9 months later i have not been able to get my deposit back , today i got a call from CFD advanced from a gentleman called John Ricardo telling me my money was invested in Bitcoin and i now have $25000 all i have to do is open a wallet and give them my details and they will deposit the money into my wallet.

  36. I never invest the 250 Euro Cfd advanced they askd but i opend the account and they say now i invest 250 Euro..? Now they call me every week to help me to get my money back they ask to go on Anydesk to make the Transaction but i tell them first to talk with a advocat they say i have alot of VIRTUEIL MONEY HIHI And i never invest and sa never the account i opend because they wanted 10% First Before they show me my wallet And Now They Pusch me to Drawn The Money..?

  37. CFDadvance. These people are the scurge of the earth, they prey on anyone and everyone them can get. DO NOT GO ANYWHERE NEAR THEM ,They are the lowest form of human and hopefully Carma will come there way one day. LOUIS CROW probs not his real name but a real scumb bag

  38. hi everyone ,how come these claws have phone numbers in nz and ausy ,i do not get it also they took 13 ooo usa from me and so on

  39. I have lost 38K USD with CFD Advanced scammers. They have even taken down the website and I can not even view the details of my account. I am not going down without a fight and bringing down these scammers. I will be taking this further with a lawyer so contact me on [email protected] and we will work something out.

  40. New scam alert from cfdadvanced they now ring and say it is a funds recovery saying that your original manager was fired for scamming money off you and many others….they ask if you have binance and if you are near your computer and want you to go through any desk…DO NOT GO THROUGH ANYDESK….as then they can take over your computer and take all the funds from your bank account…they ring back if you hang up on a hidden number…I had to go through and block all countries on phone to stop them from calling except my own country…they scammed $34500 from me this was part of my inheritance…remember if it sounds too good to be true more than likely it is

  41. I have been trying to contact CFD advanced, their sight is down, I even text the brocker Jane Harris who I have been corresponding with by since december 2021 I have lost contact. I have emails from her that I reply to and bounces back.
    Look I have been seeing such positive outcomes and now I am worried as I borrowed money from my son to invest even he spoke to Jane numerous times before we decided to invest.

  42. THIS IS THE BIGGEST SCAM EVER. MY ACCOUNT HAD $17;000 Aud in it and no matter how many times I tried to make a withdrawal; even as low as $50 , they refused it every single time. Then they suspended my account for absolutely no reason and I contacted them daily to find out why , and was told my broker would be in touch within 24 hours guaranteed. I never once heard from him, and now I’ve been locked out of the platform altogether. I can’t login and all the email correspondence bounces back to my email address. So I have lost $17,000 and I’m a single mum on a disability pension who was just trying to save money for my daughter to have a good life. These scammers are quite literally nothing short of PUTRID .under no circumstances give them your money,

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