For Trade Ltd - Online traders are being ripped off

The apparent online broker For Trade Ltd claims to be an impeccable provider for online trading. However, there is increasing information that there are serious abuses at For Trade Ltd. More and more traders are reporting telephone terror, rip-offs and investment fraud in connection with For Trade Ltd. Traders have lost all their money invested with For Trade Ltd. Doubts are announced. Meanwhile, many For Trade Ltd traders feel that it is an investment scam. The website of For Trade Ltd has not been shut down yet. All For Trade Ltd investors are wondering if they have become victims of investment scammers? And what can For Trade Ltd investors do if the suspicion of investment fraud is substantiated? Will the traders of For Trade Ltd get their money back? Does it make sense to file a criminal complaint against For Trade Ltd with the police? What help is available in the case of investment fraud?

For Trade Ltd: False promises on fortradeltd.com!
What are they serving up to the astonished traders at www.fortradeltd.com? "At For Trade Ltd, we strive to responsibly serve our clients with the latest innovations in Forex tools and resources to help you trade. Below we highlight the active promotions, bonuses and special offers available to traders. To take advantage of any of the offers listed below, simply register for an account if you have not already opened an account with [BRAND ] and contact your Account Manager for more information. As we continue to grow internationally and establish ourselves as a global brand, our main priority remains your profitability, success and happiness as our customers - and it always will be. Being an industry leader means more than just utilizing the latest technologies. Our experienced staff consists of a group of honest, reliable, and hardworking professionals whose goal is to provide comprehensive support to our clients. With our priority of answering your questions immediately and a willingness to expand both our knowledge base and yours, we are bringing For Trade Ltd Ltd to be a leader in innovation and customer service." This is just a small quote from the suspect promises that prospective customers will find on the For Trade Ltd website. Not one of these full-bodied assurances from For Trade Ltd has been delivered. Regrettably, the dubious business practices tend to make for disappointed traders and miserable experiences!

For Trade Ltd: Hide and seek with the domain entry!
Remarkable for the business practices of the For Trade Ltd makers is that the website does not contain any imprint with full details of the legally responsible operators of the website. If one looks at the corresponding domain data of the website fortradeltd.com, one finds no reference to the operators there and finds that the website was only registered on 01.09.2020 and that the real domain owners are hiding behind the anonymization service Privacy Protect LLC. 

For Trade Ltd: Who is behind it?
Answering this question will be rather difficult for many investors, as the For Trade Ltd makers do everything they can to conceal the true circumstances. This is not unusual, however, as the perpetrators often operate several of these websites with the supposedly same business model and quickly put them online, but also shut them down again just as quickly. In many cases, the top-level domain is also frequently changed, possibly in order to deceive the financial supervisory and law enforcement authorities. And who is the operator? On the website fortradeltd.com there is only sparse information about this. For example, at the bottom of the website, there is only the following note: "The website is operated by Saos Group Ltd, a company incorporated in St. Vincent and the Grenadines with registration number 25861 B.C. 2020 and registered address at Beachmont Business Center, Suite 100, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines". St. Vincent and the Grenadines? This is a group of islands in the Caribbean that is popular with offshore companies because of its lax legislation. The Beachmont Business Center in Kingstown is well known to financial investigators, as it is home to a large number of various shell companies in the field of cyber trading. In fact, Saos Group Ltd can also be found in the company register there. However, the registration and entry was done by Wilfred Services Ltd, which offers these services as a service.

For Trade Ltd: The customer acquisition of the investment scammers
Here you can find the same approach again and again: In order to attract traders, the offers of For Trade Ltd are propagated in all conceivable media and channels. For example, advertisements are placed in the social media, such as Facebook. Often, these recommendations are misinformation. To increase the effect, they upload films on Youtube, in which interested traders are convinced with fictitious references. Here, supposed celebrities report on their experiences with online trading and cryptocurrencies, often with a misleading reference to the TV show "Die Höhle der Löwen". In parallel, an affiliate program is often started to motivate others to beat the advertising drum for For Trade Ltd.

For Trade Ltd: Criminal business practices!
As soon as the customer has registered on the trading platform, he receives calls from alleged financial brokers who like to refer to their many years of experience and their satisfied customer base. In many cases, however, the makers of this business model are fraudsters, against whom the Federal Criminal Police Office and the Federal Financial Supervisory Authority (BaFin) also warn. Usually the investors start with a small sum as employment. Beforehand, investors are also often motivated to install remote maintenance software such as Anydesk or Teamviewer on their computers so that assistance can allegedly be provided with the first steps. In many cases, the computer is subsequently manipulated and unwanted transactions are carried out. In the process, the investment fraudsters often also gain access to their victims' online banking. What is particularly criminal, however, is when supposed profits are displayed on the trading platform in order to entice the customer to place further high stakes. In some cases, even small sums are returned in order to lull investors into a sense of security. Who then does not want to increase the stakes further? But what happens next?

For Trade Ltd: Repayment of the money is subject to conditions
However, an exit is then usually no longer possible, rather a repayment of the money is linked to further payments. This is where the employees come in, claiming alleged tax debts and commission payments. These would have to be settled first, then it would come to the disbursement of the allegedly obtained profits. In addition tax and commission calculations are sent to the investors, which are frequently decorated with falsified coats of arms and must be paid naturally urgently. A clearing with the allegedly obtained profits is however never possible. If one refuses these further payments, the alleged profits are often turned into losses and the customer is harmed to the maximum. With it the fright is however usually not to end, but the investors are confronted frequently permanently with calls of other dubious offerers, which indicates that the contact contacts of the investors are traded further among the investment cheats. In the end, the "saviour" regularly comes forward, claiming to have uncovered the whole scam. He impresses with his insider knowledge. No wonder, he's part of the scam gang. The next rip-off! And of course the "rescuer" also wants a small fee - in advance!

For Trade Ltd: scheme of investment fraud?
A legitimacy of the trading platform For Trade Ltd is not given. For Trade Ltd lacks authorisation by a recognised European financial supervisory authority, such as the English Financial Conduct Authority (FCA)or the Cyprus Securities and Exchange Commission (CySec), which is frequently used by brokers. Similarly, there is no authorization from the Swiss Federal Financial Supervisory Authority (finma) or theFinancial Market Authority (FMA) of Austria, which is responsible for Switzerland. It is also obvious that For Trade Ltd is a scheme of capital investment fraud. All investors harmed by For Trade Ltd are advised to immediately contact an investment fraud lawyer.

For Trade Ltd: Investors want their money back!
The situation is far better than it appears. The aggrieved parties can take countermeasures and reclaim their invested money. At the moment, it is rather unlikely that the investment fraudsters of For Trade Ltd will be seized in a timely manner, but there is still reason to hope. Above all, because the transactions of the funds ran over accounts, which made respectable financial houses available. Their responsible persons obviously neglected to control the partly high and therefore controllable deposits of the traders and their forwarding for legality. Delays of this kind made the investment fraud possible in the first place.

For Trade Ltd: You want your money back! How does it work?
Equipped with this knowledge, no trader would have entered into a business relationship with For Trade Ltd. Now the only way left for them is to seek redress. Many investors cannot even imagine that there is any real chance of ever seeing their money back. Clearly yes! There are numerous legal bases to fall back on. The generic term is "money laundering." When investment fraudsters collect money, the crime of money laundering is committed. Financial institutions are obliged to take action against money laundering. This is where we start with good prospects of success. In advance essential questions have to be clarified. Where have the funds embezzled by For Trade Ltd been taken? Is there a possibility that the injured traders can get back the money they invested with For Trade Ltd? What actions are needed from now on? A lawyer specialising in investment fraud is best placed to answer such questions.

For Trade Ltd: Who can help?
What to do in case of investment fraud? What investment fraud help can For Trade Ltd victims hope for? For Trade Ltd victims will ideally find the help they need from an experienced investment fraud solicitor. He will be able to take care of your case with For Trade Ltd both in terms of the criminal aspects of the investment fraud, as well as the recovery of funds and possible compensation claims. A trading solicitor is also an option as they are also aware of the methods used by fraudulent brokers such as For Trade Ltd.

For Trade Ltd: Follow the money trail!
Such abuses on the non-regulated capital market have been pursued Such abuses on the grey capital market have been pursued by the internationally active investor protection law firm Resch Rechtsanwälte for more than three decades. The working method of For Trade Ltd is in this respect nothing really new. Over the decades, Resch Rechtsanwälte has developed effective equipment for tracing the seized capital and tracking the flow of money. In the age of the Internet, it has become very difficult to make funds disappear. The faster investors follow the money trail, the more likely they are to get back their invested capital. Above all, it is important that investors who have been harmed by For Trade Ltd take action without delay.

RESCH Rechtsanwälte - Experience in investor protection since 1986
If you have been a victim of For Trade Ltd and want to know if and how you can get your money back, call 030 885 9770 or complete the questionnaire.. You will receive a free assessment of your case.