Forzatrade: reviews about the company, overview of offers

Attention! Fraud company!

Leave a request for a refund from a scammer.

Forzatrade broker welcomes its clients with a promising slogan: “Freedom and independence are the key to success!”. However, these words are far from his activities, since in the process of trading on the site one can only encounter lies and theft. What do traders who use its services write about the company in reviews, and what facts indicate its fraudulent activities? Let's take a look at the review.

Forzatrade - a road to nowhere or a great opportunity?

Forzatrade claims to have been providing services since 2014, opening up a plethora of earning opportunities.

But the number of requests for the word Forzatrade on the Web (7 impressions per month) indicates that the office started working quite recently, and nothing is really known about it yet.

Using the Whois service, we were finally convinced of this: the “kitchen” appeared on the financial market in August of this year.

The fake broker throws loud phrases at every step, stating that he has an impeccable reputation and uses innovative approaches to trading. But in fact, absolutely nothing is known about him. Who manages the company, where it is registered and located, whether it has any permits - all this remains a mystery.

Hidden crooks and contact details. All that a user can be content with is email and a feedback form. 

As for internal documentation, its list is indicated on the website, but it is impossible to study it, although the intermediary himself urges you to first familiarize yourself with the existing risks of trading. 

There are no scans or even mention of a license on the site. But since it has a Russian-language version, Forzatrade services are designed for residents of the Russian Federation. Accordingly, the company must have a license from the Central Bank of Russia, but it is not in the cbr.ru registry.

Charlatans work illegally, so you definitely shouldn't trust them with your money. Users who managed to use their services also call for this in their reviews.

How do crooks get the attention of traders?

The offers that Forzatrade makes to its clients are hard to refuse. It's about the possibility:

• trade currencies, indices, commodities, stocks on the UTIP platform;
• use analytics (market review, calendar of events) and news content;
• receive bonuses;
• invest and receive up to 20% per year;
• open one of the proposed types of accounts: "Starting", "Bronze", "Silver", "Gold", "Platinum", "ECN". 

Reviews about the work of the company

In preparing the review, we monitored a number of independent sites. There are only a few reviews of Forzatrade, although the site of the fake broker says: “Thousands of our traders have already gained real financial freedom.” It works just nothing, so many still do not even know about its existence. But even the reviews that we found once again confirm that Forzatrade is a sharashka office.

Exposing the "kitchen"

The Forzatrade site is littered with ads and great deals, but there are no specifics here. It is important for scammers to blur the eyes of traders and motivate them to make a deposit, and some, judging by the reviews, are led by empty promises. 

In addition to the fact that charlatans "push" their services on the site, they actively call and write to potential customers, guaranteeing them fair trading and stable profits. Most often, they take contacts on social networks and on job search sites (it is easiest for a fake broker to scam people who are just looking for any opportunities to earn money). 

The main thing is to attract attention, and then everything is like a thumbs up. The user deposits funds and starts trading, actively “growing” his capital under the strict guidance of the manager. The latter keeps saying that trading is profitable, so you need to take the opportunity and deposit some more money. And if there is no money, they need to be borrowed.  

As soon as a trader sends a request for withdrawal of funds, the picture changes dramatically. Money is simply drained from the account, and managers stop answering questions and can even block the account. Judging by the reviews, Forzatrade representatives often say that technical failures occurred on the site, for which they are not responsible. 

Fraudsters draw charts and quotes, attribute huge commissions and other financial costs that the trader does not even know about, since he does not have the opportunity to first familiarize himself with the features of using the site. 

Let's summarize

Collaborating with a broker about which nothing is known at all is not worth it by default. Forzatrade specifically hides information about itself so as not to arouse any suspicion. Instead, charlatans use advertising, promising their clients unprecedented earnings. Be extremely careful, study reviews with reviews and do not mess with this office!