Read our Protraderfx review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a protraderfx.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 Protraderfx 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 Protraderfx 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.
Protraderfx Review Conclusions
Making the Protraderfx 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 Protraderfx 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.
Thank you very much for the information, it came in very handy at this particular moment in time.
Protraderfx consultant Jonas Helman stole $355,816 EU from my account.
Is there any authority that can help me to get it back
I just got a call from protraderfx they claimed that i had talked to them before and that i requested information and almost insisted in getting my email. When i started to request more information about them the young lady started to stumble with words and wanted to transfer me to an investment expert. I hung up the phone on them and immediately got 3 phone calls back from different numbers with my phone displaying suspected scam and potential fraud. I immediately googled there company and found this place.
Thanks, it was a very good description of those criminals. The red flags for this and similar organizations:
1. Located overseas but “they do business all around the world
2. Not regulated – meaning you have no way how to get even your initial deposit back
3. London (UK accent) – most of those crucks are located within London
4. The phone number they called you from does not exist
5. For Canadiens – they say that they are in Canada, Ontario. When you ask what cities they are they located, they don’t know
6. The agents are very friendly and make statements that are way too great to be true.
6. Never allow this (or similar) company to lock into your computer – if you do, a disaster is imminent.
The reason for this reply is to inform you what this company is – the decision is of course yours
This company and their representatives Laura Moreno and Thomas Benett are 100% SCAMMERS. They are very shrewd and persuasive, They will ask for a small investment, 500 euros, and quickly suggest addition investment, 1000 to 2000 euros, regardless of the position of the account. Impossible to withdraw funds.
DO NOT INVEST.
Protraderfx ist ein Online-Betrüger. Die Plattform ist “fake”.
protraderfx.com (sollte bei FCA gelistet sein), dort ist der Broker nicht bekannt!
Auf dieser Web-Site wirbt dieser fx-Broker mit lockenden Angeboten von $ 200-Starter Konten, wovon nur $ 100 erbracht werden müssen und 100 als Bonus gutgeschrieben werden, bis zu Mindestinvestition $ 25.0000 (also auch höher).
Zudem wird freigestellt, ob ein professioneller “Advisor” zur Seite gestellt wird oder selbst gehandelt werden soll. Der “Advisor” ist in den Kosten, die durch “spread” erhoben werden, enthalten.
Ich dachte, bei 100$ ist das Risiko klein. Also antwortete ich auf die Kontakt-Mail und bekam am 14.05.21 Antwort.
Zuerst stand fest, dass bei den genannten Beträgen immer € gemeint sind und nicht $.
Sodann wurde mir ein persönlicher Serie-7 Broker angeboten, der aus 300 Basiswerten von Aktien, Rohstoffen, Währungen, Indices, Crypto, CFDs und ETFs für mich handelt, bei regelmäßigen Signalen, Geldrückzahlungsgarantie und eine mtl. Rendite (je nach Höhe des Handelskontos).
Ich nahm diesen Broker!
Die Rückzahlungsgarantie beinhaltete, dass falls die von dem Broker versprochene Rendite nicht erreicht wird, das Recht auf Rückzahlung des eingezahlten Kapitals.
Im übrigen soll das System die Möglichkeit bieten, 2-tägig, wöchentlich oder auch monatlich Beträge abzurufen – zurückzuerhalten.
Dieser Inhalt ist auch noch umfangreicher und auf der Web-Site einzusehen.
Am 14. Mai zahlte ich € 100 via Visa-Card und bekam eine Abrechnung in Südafrikanische Rand (ZAR).
Dann unterschrieb ich eine Handelsbefugnis am 14.5. für den Advisor, der sich auch gleichtägig vorstellte.
Allerdings war der Schriftverkehr spärlich, dafür gab es tägliche Telefonate, was wohl dem Umstand schuldete, dass der Advisor Migrant ist oder Ausländer mit schwierigen Satzstellungen. Am Anfang versuchte dieser Advisor meine privaten und finanziellen Verhältnisse zu erforschen. Mein Einwand: “Das ist hier unwichtig”, kam lapidar, er müsse das alles wissen. Im übrigen vertritt er erst am mindestens T€ 5 – 10 Handelsguthaben – wir einigten uns auf 3000.
Ich hatte maximal 1.500 Überweisungsrahmen. Am 18.5. überwies ich diesen Betrag auf eine Bank in Litauen. Am selben Tag suchte ich bei FCA in der Unternehmensliste nach „proTraderFX“, leider vergeblich. Ich bat um Auskunft bei meinem Advisor: Telef. erklärte er viel zu der Höhe des Handelskontos und dass ich unbedingt auch die geforderte 3000€ erbringen soll, jedoch nichts zu FCA. Daraufhin forderte ich die eingezahlten Beträge 100 und 1500 zurück. Am 21.5. erhielt ich 100 zurück und in dem Telefonat war das als besonderer Vertrauensbeweis herausgestellt. Und wenn ich jetzt mit der 2. Überweisung über 1500€ starte, könnte er auch endlich für mich handeln.
Am 25.5. hörte ich, dass das Handelsvolumen zu klein ist und ich auf T€ 50 – 120 aufstocken müsse.
Das veranlasste mich erneut, meine Einzahlungen zurückzufordern. Ohne Erfolg. Am 27.5. leitete ich diese E-Mail auch an protraderfx.com. Die kam aber bei meinem Advisor an und blieb erfolglos.
Herr Fischer – oder wie immer Sie heißen – ,
der Grund für unsere Geschäftsbeziehung war der Inhalt der Web-Site der protraderfx. Vertieft wurde das alles durch die Aussagen eines Herrn Klaus (wohl auch ein Pseudonym) und die Garantie der protraderfx, die offenbar auch ein „fake“ ist.
Sie haben mir erklärt, dass mindestens 5000 € zum Handel nötig seien und Sie damit auch mind. € 50 Gewinn generieren können. Sie haben erklärt, dass das keine weitere Einzahlung nach sich zieht und ich mich einfach überraschen lassen soll.
Dann – wenige Tage später – haben Sie erklärt, dass das Guthaben „weg“ sei, wenn ich nicht auf 50000 € erhöhe – wir einigten uns auf 10000€, die ich brachte. Dann reichte das nicht der „Verwaltung“ und Sie brauchten € 11.500 als absolut letzte Zahlung. Wieder Tage weiter war dieses Guthaben durch Verlust kritisch geworden und wenn ich nicht (wie angekündigt) erhöhe – ist alles weg. Wir einigten uns auf das – was ich kann! Dabei wollten Sie auch, dass ich mir privat Geld leihe!
Sie haben mich von der Handelsplattform abgeschaltet. Zuvor boten Sie mir an, den erwarteten und vorhandenen Verlust auszugleichen, wenn ich entsprechend einzahle.
Ihre am Anfang erklärte Überraschung ist eingetreten – aber eigentlich auch nicht;
Alles hat sich so entwickelt, wie ich es am Anfang befürchtet haben.
Sie brauchten nur 2 Monate, um mein Guthaben zu vernichten. Sie sind ein unglaublicher Serie 7 Broker! Sie haben mich abgezockt und beklaut, Sie haben mich erpresst und psychisch unter Druck gesetzt, Sie haben mich belogen und betrogen.
Unter Az.: 202100883794 (001) ist der Vorgang als Anzeige bei der Polizei in Deutschland anhängig.
Protraderfx is an online scammer. The platform is “fake”.
protraderfx.com (should be listed at FCA), there the broker is not known!
On this website, this fxbroker advertiseswith enticing offers of $200 starter accounts, of which only $100 need to be provided and 100 are credited as a bonus, up to minimum investment $25,0000 (so also higher).
In addition, it is optional whether a professional “advisor” is provided or should be traded by oneself. The “Advisor” is included in the costs chargedby “spread”.
I thought at $100 the risk is small. So I replied to the contact mail and got an answer on 14.05.21.
At first it was clear that the amounts mentioned always meant € and not $.
Then I was offered a personal Series-7 broker that trades from 300 underlying assets of stocks, commodities, currencies, indices, crypto,CFDs and ETFs for me, with regular signals, money repayment guarantee and a mtl. Return (depending on the size of the trading account).
I took this broker!
The repayment guarantee included that if the return promised by the broker is not achieved, the right to repayment of the paid-in capital.
In addition, the system is intended to offer the possibility of retrieving amounts 2 days, weekly or even monthly.
This content is even more extensive and can be viewed on the website.
On May 14, I paid € 100 via Visa card and received a settlement in South African Rand (ZAR).
Then I signed a trading authorization on 14.5. for the advisor,who also introduced himself on the same day.
However, the correspondence was sparse, but there were daily phone calls, which probably owed the fact that the advisor is a migrant or a foreigner with difficult sentences. In the beginning, this advisor tried to research my private and financial circumstances. My objection: “This is unimportant here” came succinctly, he had to know all this. Incidentally, he only represents at least € 5 – 10 thousand trading balances – we agreed on 3000.
I had a maximum of 1,500 transfer frames. On 18.5. I transferred this amount to a bank in Lithuania. On the same day I searched FCA in the company list for “proTraderFX”, unfortunately in vain. I asked for information from my advisor: Telef. he explained a lot about the amount of the trading account and that I should necessarily also provide the required 3000 €, but nothing to FCA. Then I reclaimed the deposited amounts 100 and 1500. On 21.5. I received 100 back and in the phone call this was highlighted as a special vote of confidence. And if I now start with the 2nd transfer over 1500 €, he could finally act for me.
On 25.5. I heard that the trading volume is too small and I have to increase to T€ 50 – 120.
This prompted me again to reclaim my deposits. Without success. On 27.5. I also forwarded this e-mail to protraderfx.com. But it arrived at my advisor and was unsuccessful.
Mr Fischer – or whatever your name is –
the reason for our business relationship was the content of the website of protraderfx. All this was deepened by the statements of a Mr. Klaus (probably also a pseudonym) and the guarantee of protraderfx,which is apparently also a “fake”.
You have explained to me that at least 5000 € are necessary for trading and you can also generate at least € 50 profit. They explained that this does not entail any further deposit and I should just let myself be surprised.
Then – a few days later – you explained that the credit would be “gone” if I did not increase it to 50000 € – we agreed on 10000 € that I brought. Then that was not enough for the “administration” and you needed € 11,500 as the absolute last payment. Again days further on, this balance had become critical due to loss and if I do not increase (as announced) – everything is gone. We agreed on what I can do! You also wanted me to borrow money privately!
They shut me down from the trading platform. Previously, you offered to compensate for the expected and existing loss if I deposited accordingly.
Their surprise explained at the beginning has occurred – but not really;
Everything has developed as I feared at the beginning.
It only took them 2 months to destroy my balance. They are an incredible Series 7 broker! You ripped me off and robbed me, you blackmailed me and put me under psychological pressure, you lied to me and cheated on me.
Under Az.: 202100883794 (001) the case is pending as a complaint to the police in Germany.
Protraderfx is an online scammer. The platform is “fake”.
protraderfx.com (should be listed at FCA), there the broker is not known!
On this website, this fxbroker advertiseswith enticing offers of $200 starter accounts, of which only $100 need to be provided and 100 are credited as a bonus, up to minimum investment $25,0000 (so also higher).
In addition, it is optional whether a professional “advisor” is provided or should be traded by oneself. The “Advisor” is included in the costs chargedby “spread”.
I thought at $100 the risk is small. So I replied to the contact mail and got an answer on 14.05.21.
At first it was clear that the amounts mentioned always meant € and not $.
Then I was offered a personal Series-7 broker that trades from 300 underlying assets of stocks, commodities, currencies, indices, crypto,CFDs and ETFs for me, with regular signals, money repayment guarantee and a mtl. Return (depending on the size of the trading account).
I took this broker!
The repayment guarantee included that if the return promised by the broker is not achieved, the right to repayment of the paid-in capital.
In addition, the system is intended to offer the possibility of retrieving amounts 2 days, weekly or even monthly.
This content is even more extensive and can be viewed on the website.
On May 14, I paid € 100 via Visa card and received a settlement in South African Rand (ZAR).
Then I signed a trading authorization on 14.5. for the advisor,who also introduced himself on the same day.
However, the correspondence was sparse, but there were daily phone calls, which probably owed the fact that the advisor is a migrant or a foreigner with difficult sentences. In the beginning, this advisor tried to research my private and financial circumstances. My objection: “This is unimportant here” came succinctly, he had to know all this. Incidentally, he only represents at least € 5 – 10 thousand trading balances – we agreed on 3000.
I had a maximum of 1,500 transfer frames. On 18.5. I transferred this amount to a bank in Lithuania. On the same day I searched FCA in the company list for “proTraderFX”, unfortunately in vain. I asked for information from my advisor: Telef. he explained a lot about the amount of the trading account and that I should necessarily also provide the required 3000 €, but nothing to FCA. Then I reclaimed the deposited amounts 100 and 1500. On 21.5. I received 100 back and in the phone call this was highlighted as a special vote of confidence. And if I now start with the 2nd transfer over 1500 €, he could finally act for me.
On 25.5. I heard that the trading volume is too small and I have to increase to T€ 50 – 120.
This prompted me again to reclaim my deposits. Without success. On 27.5. I also forwarded this e-mail to protraderfx.com. But it arrived at my advisor and was unsuccessful.
Mr Fischer – or whatever your name is –
the reason for our business relationship was the content of the website of protraderfx. All this was deepened by the statements of a Mr. Klaus (probably also a pseudonym) and the guarantee of protraderfx,which is apparently also a “fake”.
You have explained to me that at least 5000 € are necessary for trading and you can also generate at least € 50 profit. They explained that this does not entail any further deposit and I should just let myself be surprised.
Then – a few days later – you explained that the credit would be “gone” if I did not increase it to 50000 € – we agreed on 10000 € that I brought. Then that was not enough for the “administration” and you needed € 11,500 as the absolute last payment. Again days further on, this balance had become critical due to loss and if I do not increase (as announced) – everything is gone. We agreed on what I can do! You also wanted me to borrow money privately!
They shut me down from the trading platform. Previously, you offered to compensate for the expected and existing loss if I deposited accordingly.
Their surprise explained at the beginning has occurred – but not really;
Everything has developed as I feared at the beginning.
It only took them 2 months to destroy my balance. They are an incredible Series 7 broker! You ripped me off and robbed me, you blackmailed me and put me under psychological pressure, you lied to me and cheated on me.
Under Az.: 202100883794 (001) the case is pending as a complaint to the police in Germany.
Details zur Rufnummer
Die Telefonnummer 061092909983 stammt (laut Vorwahl 06109) aus Frankfurt-Bergen-Enkheim in Deutschland.
Ort Frankfurt-Bergen-Enkheim (Ortsvorwahl 06109)
Rufnummer 2909983
Nationale Schreibweisen 061092909983
06109 / 2909983
06109 – 290 998 3
Herkunftsland Deutschland (Ländervorwahl 0049)
Internationale Schreibweisen 004961092909983
+49 61092909983
+49 610 929 099 83
Es werden auch folgende Rufnummern benutzt:
061092909983
061092909984
061092909985
061092909990
061092909991
061092909994
061092909997
061092909998
061092909999
022133964064
0360186930059
Do`nt invest your money – never!
https://www.polizei-praevention.de/aktuelles/betrueger-bringen-deutsche-anleger-ums-grosse-geld.html
In den Katalog der cybercrime-Betrüger gehören auch:
protraderfx.com
hubtrader.com
top capital fx
I am a currently a victims of protraderfx and I will advised anyone from right now do not deposit your hard working money on this company. All I have in return is to deposit more funds and nothing in return. If you are someone that have faith in God which I suggest you to. Please pray for those criminal and ask God for forgiveness because of putting yourself through this. Have a bless day.