SCAMEtradepips.com Reports & Reviews (1)
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Total money lost $3,050
Type of a scam Investment
My money was growing fairly quickly. I chalked it up to the broker knowing what he was doing as well as their trading method, which I thought I understood from studying their website. He asked if I had anymore money I wanted to put in. We were almost halfway through the 6 weeks, I figured I'd be getting a lot of money soon, I decided to take a risk and give him my emergency fund, the last $1k I had. My money continued to grow. I told a friend about it and she decided to invest.
As the final weeks were approaching my excitement grew and I began to tell others; they were pretty skeptical. Their skepticism started to give me a little doubt so I started to do some digging. I emailed all of the other brokers that were listed on the site; 98% of the emails came back as undeliverable or I didn't get a response. I emailed the website "info@" email address several times and got no response. I tried starting a live chat on the website and never got a response. Their website boasts about having over 40 support staff available 24/7 yet nobody except my broker ever talked to me (via WhatsApp) - it didn't make sense. I ran some kind of report on their website and discovered that it was less than a year old and a lot of identifying information had been redacted. Any time I tried asking the broker or the person who referred me any questions about these things they didn't answer my questions or didn't answer them adequately.
When it was time for me to get my money things really went south. My broker was unresponsive and then inattentive. It was now a week late. He told me it would be in my account on a Monday; when I told him it wasn't there he said I should be getting an email; when I read the email it said I needed to pay over $3k taxes and fees! At no point had he ever mentioned me having to pay anything to get my money; nothing on the website said that either.
I joined an online forum and began asking questions and they said I had likely been scammed. It was suggested that I complain on their site/forum, make him aware of the complaint and give him an opportunity to correct it/respond to it.
I made him aware of the complaint and he became very upset and said I could go to jail. He made no attempts to correct anything. I told him I would not be paying money to get my money. I've reported this site to numerous agencies; one agency went so far as to acknowledge it's a scam yet the site is still up and running and he's hounding the lady I referred for fees, telling her she will lose her investment if she doesn't pay (she knows it's a scam and won't pay).
This site is a scam, do not give them any money.