Read our Hackford review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a hackford.trade 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 Hackford 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Hackford 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.
Hackford Review Conclusions
Making the Hackford 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 Hackford 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.
They scammed me with Bitcoin at the time they were called Paragon Finance this was back in February they called me last night wanting me to open my bank account I would not do he wants me to open another bank account so he can transfer the money he is calling me back tonight to transfer the money on my new bank account
Hackford Trade scam same company as Paragon Trade (prgntrade.co)
Do not invest your money with Hackford!
This is the same company as Paragon-Trade.
Former employees called me to continue my investments paid to Paragon, the even told me that my former deposit was now worth 4 times the initial investment. I must deposit more to activate my Hackford account and continue trading before I can withdrawal any funds. Internet reviews are loaded with complaints and scam reports. I invested $ 250.00 and this is low compared to other reports. Still waiting for my refunds after for-filling all there demands and more then 10 email requests.You should submit a withdrawal request ASAP, because your funds are never safe with this unregulated broker. If you have been contacted, please leave a complained to worn others, you lost your money but other victims should be spared!!
Sie haben mich in 1. Monat dises Jahr angerufen. Als paragonfonanz damals habe ich 500.Euro investiert. Nach par Monate hat mich gevise Alexander Becker angerufen und gesagt das ich einige tausend Euro auf meine Konto habe und wir werden zum hakford.trade wechseln.
Wenn ich will das sie auszahlen ich sollte gleiche summe einzahlen.
Dan wird gesamte summe ausbezahlt.
Und so weiter immer einzahlen. Einzahlen.
An dieser Art und Weise habe ich über 50 000 Euro inwestirt. Ich weis nicht ob ich dise summe verloren habe oder nicht.
Bei mein Bank habe ich rückholung Antrag geschtelt. Und anzeige beim Polizei.
Was kann ich noch tun.
You called me in the 1st month of this year. At that time, I invested 500 euros as paragonfonanz. After a few months, gevise Alexander Becker called me and said that I have a few thousand euros in my account and we will switch to hakford.trade.
If I want you to withdraw I should deposit the same amount.
Dan is paid out in full.
And so on, always deposit. Deposit.
I invested over 50,000 euros in this way. I don’t know if I lost this sum or not.
I submitted an application to my bank for repatriation. And report to the police.
What else can I do.
I also sent Paragon 1500 euros, and now they have called me from Hackford that if I want my money back I still have to pay 6000 euros. It’s sick, and I won’t see the money again
I filed a lawsuit against these fraudsters with the Higher Public Prosecutor’s Office for High-Tech Crime, I submitted all the evidence, and I contacted Interpol. The main cheaters are a woman posing as Emily and her love partner Axel Shaw. She personally admitted to me in correspondence that they have been stealing money from people in that way for 10 years
Dear friends scammed
all of us which have been scammed via Paragon/Heckford we must all of us join towards this scammers viia company Miguel Che ,I already start with procedure,but I wish that all of us that we have been scamed by them join in this company to help us to get our money back.Only in this way we can be succesful,please join to me in this scam case,more of us we have more power!!!only complains not help!!!!!!!!!!!!!!!