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Blue Sail Trading Review: Bluesailtrading.com Forex Scam

Blue Sail Trading Review: Bluesailtrading.com Forex Scam

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Blue Sail Trading (Bluesailtrading.com) is another rotten CFDs and Forex scam platform targeting unsuspecting online investors. BlueSailTrading is claiming to offer investors a chance to trade like a pro. They go ahead and claim to have the post powerful trading technology the market has ever seen. All these could be great if only the platform was true to their word. Read this genuine BLUE SAIL TRADING Review for more details.

Blue Sail Trading Review

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Blue Sail Trading Review

Months have passed by as Jude waits for a response from this broker over withdrawing her funds. Jude deposited $10,000 with this platform after being called by one of the so-called account managers. What these scam artists failed to disclose is that Blue Sail Trading is another online investment scam platform. Jude is not the only aggrieved party. Members are coming out each day complaining of their accounts being blocked for no apparent reason. Want to know more? Read this eye-opening review.

Blue Sail Trading is another cloned website (confirmed by many reviews online) which is targeting investors from the European region. After landing on their homepage, it is understandable why newbie are falling for this platform. Scam artists have designed the website to imitate the real trading website. What most investors don’t know is that this is a trick used by online scam artists. Stay clear of this platform and get to know some of the tricks used by BlueSailTrading. These are awful brokers who must be exposed.

About Blue Sail Trading

One of the main shockers of this platform is lack of any information regarding the broker. After we visited their about us page, we could not get any information about the broker. Is Blue Sail Trading a reputable platform? How long have they been in the Forex trading business? These are some of the questions we hoped the website would answer. Blue Sail Trading is clearly hiding something as they don’t give visitors any contact information. They contact you after sending a message to them.

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Anonymity is a must have for scammers looking to steal from online investors. Who are the founding members of this platform? Why has the platform failed to give any names of people running the platform? It goes without saying that these scam artists are planning something dreadful. We are sure these scam artists will close down the website once they have their fill. Exposing them guarantees no other investor will fall for their sleazy website. Stay away from this illicit platform.

Is Blue Sail Trading licensed or registered?

With a platform with no real base of operation, we highly doubt their license status. To confirm it, we reached out to various regulatory bodies. These bodies include ASIC, CONSOB, CySEC, FCA, NFA, and SEC. None of these well-established regulatory bodies has ever heard or licensed the above entity. What does this mean? We are dealing with a platform which is offering unregulated trading services. Security of funds is not guaranteed since they don’t follow industry regulations and rules.

What seems to be a genuine platform at first glance is nothing but a scam. Why has the owners failed to post any copies of their trading license? Such tactics are synonymous with offshore brokers who keep on stealing from unsuspecting investors. Blue Sail Trading should be wiped out of the web as more and more investors are signing up. Authorities should quickly investigate and shut down the website. Sadly, recovering funds with such a platform is next to impossible.

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Advantages of Blue Sail Trading

We searched their entire website for any advantage of dealing with such a platform. None was found as this broker has a bad reputation of stealing from members. How can there be an advantage of dealing with a platform which won’t secure funds? Another shocking reason to stay away from this platform is they don’t compensate users. Compensation should be thrown out of the window as BlueSailTrading does not participate in a compensatory scheme. Best you stay away from them.

Disadvantages of Blue Sail Trading

Account Types

Blue Sail Trading Account Types

Blue Sail Trading is furnishing users with no account type whatsoever. Stay away from this platform as no one knows the acceptable minimum set deposit. Clearly, investors are depositing different amounts which the broker asks. This is clearly a breach of trust as some investors deposit more and others less. There is no line which these scam artists won’t pass to con investors. Having no accounts means users don’t know the trading features this platform offers.

Demo Account

Another disturbing feature with this platform is having a rigged demo account. Blue Sail Trading is rigging their demo account to lure investors into signing up with them. Results with their demo account are nearly 100% profit which is not reasonable in the true world. These scam artists want to fool investors into believing the platform can achieve this impossible fete. Once they deposit the funds, the scam artists get what they want.

Deposit and withdrawal

Since the platform has no information regarding how to deposit and withdraw, we had to reach out to members. Members of this platform are depositing funds straight to owner’s bank account. Withdrawing funds is also a huge challenge making this a huge problem. Stay away from any platform with withdrawal issued.

Trading platform

Another huge problem with BlueSailTrading is using an unstable platform. According to details on their platform page, they are using 360 Pro Trading platform. From what we gathered, the platform lacks any security features such as DDoS Protection and SSL Encryption. What this means is that hackers can easily take over this platform and steal your credit card details. Online identity theft is on the rise and such scam artists will steal your identity and sell it to third parties.

Are funds safe with Blue Sail Trading?

Security of funds is another challenge users are facing with Blue Sail Trading. As we said earlier, users are depositing funds straight to owner’s bank account.  These are offshore scam artists who will do or say anything to ensure they have your funds.

Is Blue Sail Trading a scam?

Blue Sail Trading Trading Platform

Evidence clearly supports the fact that Blue Sail Trading is a scam. Watch out for their email marketing gimmicks and mark their mails as spam. Never click on any links sent and don’t believe any of their video marketing ads. Warn your family and friends from joining this platform and stay away from any calls.

Final thought

We will be adding this platform to our scam blacklist to ensure our readers are aware of this scam.

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Wishing all traders a successful trading period.

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