DigitalTrade FX (DigitalTradefx.com) is a CFD and Forex brokerage firm. First thing we noticed when conducting our research is that this is a copied scam. These scammers have the audacity to copy a known scam. From their fake interface, we will reveal to you why DigitalTrade FX is a scam. Read this detailed and honest review to find out the truth about one of the biggest brokerage scams.
According to the website, they claim that this is the right place for online trading on financial markets. Folks, this couldn’t be further from the truth. Lies that they are selling are preposterous such as having a convenient interface. Other lies they are selling is that they have more than 100 assets from world leading companies. You can easily see that they claim you can place your trades on best conditions.
Folks, this the same tagline used on other similar scams such as BinomoFX and TradeHash. We are simply not going to stand for this. Why would DigitalTrade FX use the same taglines with other fake brokers? We believe that we are dealing with the same professional scam outfit that has been ripping people off. You should not be another victim and thus, continue reading this detailed and eye-catching review.
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One of the biggest lies that these scammers are selling is DigitalTrade FX is automatic and guarantees results. For starters, nowhere on earth can you get guaranteed profits. You can only get profits from time to time. Guaranteed profits mean you will never make any losses. This is simply not going to happen. There are a number of reasons as to why this will never happen. Top among them being the market itself.
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Market is always prone to constant price changes that occur without warning. Price changes can occur due to a number of unforeseen reasons. Some of these reasons include boardroom wars, politics, and competition. You see, these are forces that cannot be controlled. Why would DigitalTrade FX claim to have control over them unless they are lying? Fraudsters ensure they lure people in with such claims such as guaranteed profits.
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Another visible trick we noticed is the use of the same people on their testimonials. Yes, we believe that these people are the same in BinomoFX and TradeHash. Notable people include Alexander D who has the same winning margins as Alexander D of BinomoFX. What’s even funny is that they don’t bother to change the trade prices. Why would DigitalTrade FX use the same testimonials on different sites? It seems all these scam sites belong to the same group.
Mohammed S. is also another name that has been used to show top profit ranking. This name is synonymous to BinomoFX and TradeHash. DigitalTrade FX also hasn’t changed the profit margins or the timeline. We are sure that these scammers are using the same pictures to scam millions of people. Why do people fall for such open laid traps? It’s the urge to get money quick that scammers take advantage of.
One factor that we thought you should know is that DigitalTrade FX is offering rewards and awards. In other words, they are offering bonuses to members. Note that issuance of bonuses is strictly prohibited and not allowed in trading. Regulatory bodies have realized that this is becoming an issue to traders when it comes to withdrawing. As a matter of fact, platforms which offer bonuses are prohibited from trading.
Tags such as become the owner of a secret gem can easily be seen. No matter what happens, you will never see the light of this offer. Only thing they want you to do is sign up and deposit all your money. Why should you do that and you now know about the tricks used by these scammers. Never at any one time sign up with DigitalTrade FX.
Sadly, they have also used the same picture to advertise their platform. It makes no sense that we are dealing with scammers. In fact, notice that the picture they use is from Pocket Option which is also a blacklisted scam. These scammers don’t even bother to check their own photos. How then can we possibly believe anything they tell us regarding their trading platform. Straight away we realize that this is a scam.
Even if you tried out their platform, it’s of no use. We tried downloading the platform and download stalled at 36%. It means that their trading platform is worse than we thought. How can we trade with such a fake platform? Plus, we believe that their platform is unstable and open to malicious attacks. Use of this platform opens up to huge risks which should never be the case.
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DigitalTrade FX has a wide array of payment methods. However, we have a big problem with the withdrawal department. According to the website, members have a wide array of depositing methods. You can deposit using MasterCard, Visa, Neteller, Skrill, Perfect Money and other options. Depositing is fast and takes less than five minutes. When it comes to withdrawal, things change for the worse.
Withdrawal takes forever, even after weeks of investigation, we could not get any member who has made withdrawals. It means that once you deposit your money, it’s the last time you will see it. Mendes from Spain lost over $5000 in just over a minute. Once he started trading, he saw his money go straight to the drain. This is sad especially if you are a newbie trader. No one should have to go through this. This is why we are making a stand against this fake broker.
DigitalTrade FX offers members with an affiliate program. If you invite more people, you will get promotional materials. Folks, this is a plot to squeeze you into helping them to sign up more people. You should stop doing so because you will be acting as their accomplice.
Evidence produced show without any doubt that DigitalTrade FX is a scam. Having used another scam material on their website, we believe that this is also a scam. You should resist from opening any welcoming links or email messages. Digital Trade FX has been using spam material to promote their scam.
Due to the overwhelming proof that this is a scam, we have no other option but to blacklist Digital Trade FX. We urge you to stop any thought of even signing up your friends with this fake broker.
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