In this review, we will describe why WorldTrade Profit is a scam that you should avoid at all cost !
Is WorldTrade Profit Legit?
WorldTrade Profit is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why WorldTrade Profit is a dangerous broker to deal with.
Are Funds Safe with WorldTrade Profit ?
With such lack of information and WorldTrade Profit being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is WorldTrade Profit is withholding vital information to users.
WorldTrade Profit could go bankrupt from one day to another since there are no banking information about this broker.
WorldTrade Profit Review: our Conclusion!
WorldTrade Profit is an unregulated broker to avoid at all cost. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
WorldTrade Profit Scam Review
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Website URL : www.worldtradeprofit.com
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Type of Scam : Unregulated Broker
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Regulation : None
So I was given the number of a guy by my sister to check out who was contacting her about investing with their company worldtradeprofit.com. the guy claimed that he is a account manager with the company. I asked all the questions that came to me in order to feel a bit safe and got a reasonable answer. There were things that concerned me but talking to the guy and being assured that I would not have a problem I decided to take his word for it. I tried finding reviews about the company online but at the time I couldn’t find any so I decided to take the chance. He said after three day my account will stop counting and I will be able to withdraw or reinvest my money.
On the day my account was to stop counting I got an email from support of the company stating that it is an emergency. It stated that the software that is connected to my account is glitching and my profit is not updating properly so I need to $1200 to upgrade my account in order to continue. I told them to use the funds in my account to upgrade my account and they said that they can’t do that and I need to send the money.
I told them I have no more money and they insist that I try to get it because my account will go dormant and it will be hard to start it back when I get the money after it goes dormant.
I was told by support that my account will go dormant in a week time, today however the account manager message me and told me that my account will go dormant on November 30th and after that it will be deleted.
So I decided that I want to let people know not to invest with this company. I presently live in the Caribbean in a small island call Trinidad and Tobago.