Read our Clyde Trade review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a clydetrade.com review.
| Broker | Clyde Trade |
| Website | clydetrade.co |
| Regulation | None |
| Broker Type | Scam |
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 Clyde Trade 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 Clyde Trade 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.
Clyde Trade Review Conclusions
Making the Clyde Trade 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 Clyde Trade 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.
hi, i sent an email, please check it out.
Hola, si he sido estafada por CLYDE TRADE.
Fraudsters transfer loans without permission and knowledge. Then they want to repay the loan amount. The amount won, they do not transfer it, they always find reasons, even the clients are bankrupt.
Excroci…nu se pot numii altfel
Am un depozit la ei,am cerut sa scot niște bani…și de atunci nu-i mai pot contacta…
SCAM!!!!! https://clydetrade.co/
Unfortunately, I`m a victim. I have a deposit and they refuse to give my money back.
They are all speaking Romanian, suppose from Republic of Moldova from accent, but there are also Romanians involved according to the correctness with which they wrote in Romanian on whatsup. Names used are Marco Moretti (broker), Aurelian Florescu (as boss for Moretti), Constantin Morar (as Finance Department representative). They sell you that are in UK located, are calling with +44 and +352 dialing code, but you can never reach them by phone or e-mail.
“leave bad reviews on other sites”
What other sites do you know?
E successo anche a me su clydetrade, ora per riavere i fondi mi chiedono il 12% del saldo cioè altri soldi
SCAM!!!!! https://clydetrade.co/
Unfortunately, I`m a victim. I have a deposit and they refuse to give my money back.
They are all speaking Romanian, suppose from Republic of Moldova from accent, but there are also Romanians involved according to the correctness with which they wrote in Romanian on whatsup. Names used are Marco Moretti (broker), Aurelian Florescu (as boss for Moretti), Constantin Morar (as Finance Department representative). They sell you that are in UK located, are calling with +44 and +352 dialing code, but you can never reach them by phone or e-mail.
Io mi sono iscritto al servizio ma anche a me hanno truffato e mi hanno chiesto di pagare tasse e tasse.
Quando volevo chiudere il conto mi hanno detto che devo pagare ancora e non l’ho facevo entravo sulla lista nera.
Cosa mi consigliate di fare?
Poiché non voglio avere problemi al reparto legale.
Has anybody recovered something from this company? I have just reported them to the FTC.
Buna ziua, din pacate si eu ma numar printre cei care au pierdut bani la ei, nu imi raspund la telefon, si-au inchis toate mijloacele de comunicare. A reusit cineva sa isi recupereze banii de la ei sau macar o parte? Ati facut reclamatie undeva pentru frauda? Cum ati procedat?
Hello, unfortunately I am also among those who lost money with them, they do not answer my phone, they turned off all means of communication. Did anyone manage to recover the money from them or at least part of it? Did you file a complaint somewhere for fraud? How did you proceed?
Nu erau autorizati pentru tranzactii, pare ca se poate incerca ceva doar prin firme de recuperare. Am anuntat frauda la FCA.org.uk, au sectiune pe site.
They were not authorized for this transactions, seems that we can try something with a recovery firm. I have reported them to the authorities in UK, found on FCA.org.uk.
What do you mean “on telegram”? I dont’ understand!
they are registered offshore and unregulated.they wont pay you your deposit or profit.
act now and get your money out. do not suffer in silence … julianalves02 (at@)
(protonmail.)com
Salutare! Si eu sunt victima lor. Sunt niste penali si merita pedepsiti!
Salut tuturor si eu sunt o victimă. Pe mine m-au contactat din nou pt o retragere de 30.000 de euro,dar până sa primesc banii imi cer sa depun 1300 de euro ca sa primesc cei 30.000 .a reușit cineva sa primească banii de la ei ? 0757128704 nr meu .Dacă ma poate cineva sa ma ajute cu o vorba sau daca merita mai departe .va multumesc
NE IM DAVAITE POVECE PARI ZAHOTO HE SE ZAGLOBITE OHE POVECE NIHO NIAMA DA POLUCITE LAJAT I BROKERI I FINANSOV OTEL SA EDNI I SAHI MOITE BIAXA RUSNACI I TE LAJAT
Inselatorie CLYDE TRADE.CO am depus bani la ei si la retragere te amana iti spun ca tre sa platesti o taxa vrajeala.Acestia sunt .AURELIAN FLORESC CONSTANTIN MORARI MARIN MOCANU astia mau fraierit mau inselat acu mau dat pe mana lui ELLISON NOVAK cica expert financiar aceeasi treaba incearca sa scoata bani dar nu mai merge ii voi da in judecata ultima solutie
Post your experience on http://www.trustpilot.com also.
Postati experienta dvs si pe http://www.trustpilot.com, va fi un avertisment pentru alte victime.
They contacted me again now after 4 months, same broker asking “what’s new?” They have gut! I have also reported them and looked for a company to help me get my money back. Those asked me 1200 euro with minimal hope to get back the money. The reason was that I did the deposit through a bitcoin atm and transactions cannot be followed. So, no chance to get the money back.
Buna ziua !
A reusit cineva sa recupereze ceva bani de la ei ?
Dupa ce vroiam sa retrag si eu bani au cerut comision de conversare, dupa aceea asigurare si dupa acestea 3rd world commission.
EXCROCI ORDINARI.
Acelasi scenariu au facut cu mine ca si cu IOAN SEFTIUC SI LUDOVIC Cinevrea sa ma contacteze tf 0723442661.
They contacted me again these days “to help me get my money back”.
The name of the person is Alexander Swedsen (said it is from Norway, but with Romanian accent 🙂 )
They sell to me this as they were bought by https://www.forex.com/en-uk/about-us/regulation/, they “now try to rebuild the Clyde Trade brand” :)))
They legally are still clyde trade, just the management changed and he said: “Yes and we are on the mission to rebuild brand’s reputation, so just imagine what I am dealing with” playing the victim. “Company had financial problems, so they chose the wrong path and held money of it’s customers”.
He asked my the ID copy and the bank account.
Keep you posted!
We have been contacted by Alexander as well, also “to help get our money back”. In the past we made a deposit and company refused to make a withdrawal.
So after some time “Alexander” gave us a call. He said that company is under different owner now and that he will be more than happy to help me with withdrawing my funds. Also, he added that automated trader was on all this time, and that I made a profit of 6 000 EUR. He then told me that money will be send to me, if I pay the “conversion fee” of 10%, to Barclays bank. In this moment it became clear that these are scammers.
We asked for FCA regulation proof, Alexander said that bank (not the company) is regulated and that he is here to help us with money, not with anything else. Clearly avoiding to reply.
Then suddenly, someone called us “from Barclays bank”, allegedly from transfers department, presented himself as Jordan Parker. He poorly tried to convince us that this is usual procedure with countries that have no crypto conversion policy, or whatever. We informed him that we will contact Barclays bank and verify validity of hid identity first.
After that, Alexander gave us a call again. Very rude, avoiding replying to questions and trying to make us feel stupid for asking: Do you have FCA regulation?
Regulation cannot be found anywhere on their site.
After asking where are they located, told me that he is in London. On their website it is stated that company is in 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica.
Numbers they were using to contact us:
Alexander on whatsapp chat: +447903132320 (UK number)
Jordan Parker on whatssapp: +37493978186 (Armenia number, and he presented himself calling from Barclays bank)
Alexander on whatsapp call: +380967465827 (Ukraine number, even though chat number is from UK and he said he’s located in London)
After telling him that he won’t be receiving any more deposits from our side and that he’s really terrible agent, we also informed him that we are going to report this fraudulent activity.
We’re immediately contacting Barclays bank, we are also reporting this case to FTC, FCA, Finance Interpol department, we are also contacting our bank and the bank they were using when initial deposit was placed – which I recommend to all, report these scumbags to bank they sent you link for and ask chargeback from your bank. When these banks find out that Clydetrade (or whatever they presented themselves to provider) is a scam, they will not continue cooperation with them.
We ask for our initial deposit to be refunded to immediately, no profits, just 750 EUR that is invested!
PRIN PREZENTA ROG PAGUBITII ,FURATI DE TRIO BANDITII (EI O NUMEAU COLABORARE) AURELIAN FLORESCU,MARIO MORETI,CONSTANTIN MORARI,ELISSON NOVAK SI CARE NE-AU FURAT SUME MARI DE BANI ,SA-MI TRIMITETI PE EMAIL [email protected] CUM V-AU ISELAT SI SUMELE EXTORCATE,
VREAU SA FAC PLINGERE CIT MAI COMPLETA LA FTC FTA,DEPARTAMENTUL FINANTE INTERPOL SI ALTELE.
IN ACELASI SCRIETI PE SAITURILE LOR DIN TOATA LUMEA SAII OCOLEASCA TOTI INVESTITORII.VALABIL SI PENTRU BANCA ON LINE BARCLAYS BANK.TEL.MEU DE CONTACT *40 O723 442 661.INDICAT PE WHATSApp
CEI CARE VOR SA MA COTACTEZE SA O FACA CIT MAI REPEDE
ADRESA DE EMAIL ESTE ASTURZA@YAHOO,DUPA CUM SE VEDE CINEVA MI-A MODIFICA ADRESA BUNA.?????
Please John Doe can you send me a contacts how to reporting clayde trade
CEA MAI MARE TEAPA , SCAM ,FAKE , AVETI GRIJA ,SITEUL ESTE FOARTE BINE REALIZAT, claydetrade.com ,ACUM AU FACUT SI clydetrade.world.com un alt fake ,[un site care face atatia bani nu are atatea greseli gramaticale], sunt foarte bine organizati, au si femei in echipa, sunt cele care te atrag in plasa, iti iau datele si te paseaza la un asa zis broker,[ un broker niciodata nu iti cere sa depui bani intr-un cont de bitcoin], ei zic ca te ajuta si te pune sa instalezi pe telefon un program [any desk] cu care vede tot ce faci pe tel, te ajuta sa faci portofel virtual si te pune sa virezi in bitcoin si din bitcoin le transferi lor ,te contacteaza pe whatsapp ,au fotografii bine facute dar nu ale lor ,sunt furate dupa internet. Daca ai bagat 250$ iti ridica pe site pana al 1000$ si iti zice sa mai bagi ,tu impresionat cat de repede cresc in contul lor mai bagi 500$ de ridica la 5000$, te pune sa mai bagi 1000$ si iti zice ca a scazut pretul la petrol si mai bagi 500$ te ridica pe contul lor la 20000$ ,daca vrei sa retragi iti zice ca nu acum ca a crescut pretul la cafea si mai bagi 500$, te duce la 30000$, cind nu mai bagi si vrei sa retragi te baga la un alt nivel, faci retragere de 20000$ si iti trimite un email ,chipurile de la banca barclays , emailul este fake , barclays-info.com [nicio banca nu are caractere speciale ca [:-,_. sau com] in emailul oficial ,daca verificati ip-ul vedeti ca este trimis din Kiev , Ukraina ] in emailul respectiv te pune sa mai platesti 500$ taxe ,zic ei de brokeraj, dupa asta iar vine un alt email de la aceeasi banca si iti zice sa platesti conversia banilor si asigurarea lor [ nicio banca nu cere asta], te astalteaza cu telefoane cu numar de anglia +44 si vorbesc stricat romana. acum am zis sa-i reclam , dar cui ? nu sunt in uniunea europeana ,am incercat sa apelez ambasada , dar scrie ca e inchisa temporar din cauza razboiului. sunt ukraienieni . Si noua ne este mila de ei, nu stiam de unde au atatia bani ukraienienii .
THE BIGGEST SCAM, SCAM, FAKE, BE CAREFUL, THE SITE IS VERY WELL DONE, claydetrade.com, NOW THEY HAVE ALSO MADE clydetrade.world.com another fake, [a site that makes so much money does not have so many grammatical mistakes], they are very well organized, they also have women in the team, they are the ones who lure you into the net, take your data and pass you to a so-called broker, [a broker never asks you to deposit money in a bitcoin account], they say that helps you and makes you install a program on your phone [any desk] with which it sees everything you do on the phone, helps you make a virtual wallet and makes you transfer to bitcoins and from bitcoins you transfer them, contacts you on whatsapp, they have well-taken photos but not theirs, they are stolen from the Internet. If you put in $250, the site takes you up to $1,000 and tells you to put in more, you’re impressed by how quickly they grow in their account, put in another $500 to bring it up to $5,000, they tell you to put in another $1,000 and tell you that the price of oil has dropped and you put in another $500, you top up $20,000 on their account, if you want to withdraw they tell you not now that the price of coffee has increased and you put in another $500, it takes you to $30,000, when you stop putting in and you want to withdraw, you go to another level, withdraw $20,000 and it sends you an email, the faces from the barclays bank, the email is fake, barclays-info.com [no bank has special characters like [:-,_ . or com] in the official email, if you check the ip you can see that it is sent from Kyiv, Ukraina] in that email they ask you to pay another $500 in taxes, they say brokerage, after that another email comes from the same bank and he tells you to pay for the conversion of the money and its insurance [no bank asks for this], he gives you telephone numbers from England +44 and they speak broken Romanian. now I said to complain, but to whom? I’m not in the European Union, I tried to call the embassy, but it says it’s temporarily closed because of the war. they are Ukrainians.
Cum se pot recupera banii de la acești infractori ?
Au schimbat numele de domeniu, sunt aceiasi escroci! Recontacteaza oamenii si cer alte taxe, apoi dispar din nou. Folosesc doar un joc video pentru a va arata profitul in cont, tranzactiile nu sunt reale.
They changed their domain name, but are the same scammers. They are re-contacting people, asking for more taxes and they will disappear again. The recovery company I am working with, find out that they are using just a video game to show your profit, there are no real transactions.
ADRESA EMAIL [email protected].
introduceti in echipa de hoti si banditi condusi de Aurelian Florescu si pe Ion NICULCEA care se intituleaza Sef DEP.SECURITATE CLYE TRADE.Suna de pe tf.+447708 098011.La itrebari directe,punctuale pe caz dispare.!!!
Si eu am fost contactata de Ion Niculcea, de la acest telefon, cand am intrebat cam cat sa mai astept banii pentru care am platit taxele cerute, a disparut !!!
Faceti sesizare inclusiv la DNA, se pot face si sesizari online.
A plătit careva taxa de conversie mie îmi cere 6la % din suma sa I depun după care în 1maxim 5 zile bani îmi vor întra în cont știe cineva ceva . O părere va rog .