Broker or Dummy: AppTrader Intermediary Review with Customer Reviews

Attention! The company is suspected of fraud

Scammers will flourish exactly as long as customers do not stop sacredly believing in the great power of freebies and free cheese. So the creators of the AppTrader sharaga decided to keep up with their “colleagues” and quickly riveted a simple scam to shake the last of the wallets of already poor users. 

So far, there are reviews about scammers only on English-language forums, but very soon the vile hands of apptrader.com will get to the citizens of the Russian Federation. How not to fall into a trap bred? Let's talk today!

Overview of basic information about the office 

The cat wept for information on the site, and in the “About the Company” section, instead of a clear legend, there is a trifling story about a platform with an intuitive interface and quick withdrawal of funds. 

Twisted statistics is also attached. But the question is brewing: where did AppTrader get such eloquent figures from?

Breeders really have been trading for a long time, but not since 2008, but since 2018. The scammers periodically upgrade the platform, change legal information (for example, in 2018 the scam was managed by the offshore holding GLI International Ltd and the Estonian organization GLI Online OU), add new sections, clean up the reviews and, with a calm soul, go looking for the next “Pinocchio”. Verified scheme. 

The site was last updated in April 2020. It was during this period that the unfortunate broker AppTrader returned to its former course.

By the way, the apptrader.com page is visited daily by more than 3,000 potential victims. Yes, this is a lot, but this figure does not fit in with the tales of 120,000 satisfied customers. 

The fraudulent offspring is allegedly controlled by RT GLOBAL LTD (registration number - IBC 2019 24995), registered at the address that all second-rate "kitchens" have chosen: Suite 305, Griffith Corporate Center, 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. The StreamForex, FreshForex, MaxiMarkets and so on scams have also taken root here. 

Firstly, there is no open registry in Saint Vincent and the Grenadines, which means that it is not a fact that RT GLOBAL LTD exists at all. Secondly, by definition, AppTrader does not have a license to provide services, since since 2018 it is forbidden to conduct brokerage activities on the islands. Consequently, the SVGFSA regulator did not hand over any permits to the heroes of today's review. 

The number that charlatans offer to call for all questions, not only with the code of Britain, but also fake. 

AppTrader has no offices in the United Kingdom. However, as well as a certificate from the FCA, which allows the British to freely sell nonsense about financial well-being and huge earnings.

The resource of scammers is also available in Russian, so we can assume that AppTrader is now actively brainwashing the citizens of the Russian Federation and doing it, of course, illegally. According to Law No. 460-FZ, all forex dealers operating in Russia are subject to mandatory licensing by the Central Bank.

Alas, there is a mistake here.

AppTrader is an ordinary anonymous scam acting outside the legal field, so in the event of a collapse of the company, no one will help you return the stolen goods. 

Overview of AppTrader Trading Offers

The scammers offer victims to make transactions using the phone, they promise negative balance protection, access to more than 15,000 markets, no commissions and fast execution, but somehow we don’t see a single positive review of a company with such an impressive list of advantages. It seems that thieves lie and do not blush.

There are 4 types of accounts on the platform:

You can start with $250 in your pocket, but be prepared for constant fees and requests for more. There is no information on the site about the size of the leverage, nor about the spreads, nor about the timing of processing requests for withdrawal of funds. But there are plenty of fairy tales about altruistic consultants who will be in touch 24/7. 

AppTrader scam reviews

So far, the charlatans have not managed to lure Russian-speaking users into their networks, but it is only a matter of time and perseverance of the “dialers” of the swindler. 

Reviews about the AppTrader office come from the lips of foreign citizens who have figured out the true plan of the "kitchen", so read and do not make other people's mistakes:

“Unfortunately, I came to this company because of misleading advertising, and even so, I was stubborn and put my money into it. They use a lot of persuasion and pressure to get more and more money to be invested at any cost. They are really bad guys. It is a pity that I read this article only after making a deposit. If you happen to read this post before, run away from this apptrader.”

“This company extorted money from me and misused it. This is a dishonest company."

If you are a victim of an AppTrader scam, please leave a review on our website to save other traders from problems. 

What is the point of the scam?

Investors are caught not on live bait, but on free educational materials, for which you will have to fill out a feedback form. This is exactly how crooks collect contacts of potential “Pinocchio”. Further, according to the responses of the victims, telephone terror begins. 

The scammers are talking nonsense about how you can double $250 in a week with little effort, and if you don't have those, then you need to take out a loan. The platform is run by scammers, so they twist the charts and draw profits without any problems. True, there is a profit only within the framework of the project. 

Breeders “milk” traders exactly until they run out of money and patience. In the end, the charlatans will stun you with a statement about outstanding commissions and make you pay, scaring you with a ban and a complete loss of your deposit. 

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Summing up 

AppTrader lures investors with unrealistic promises and in just a couple of months leaves them in the cold, and the only thing left for the unfortunate is to scribble negative reviews, complaining about their own naivety. 

Sharaga has neither licenses, nor representative offices, nor a real team of experts, which means that trusting your hard-earned office and hoping for a miracle is a deliberately failed idea!