How do scammers from Tor Trade operate?
Nowadays, almost every Internet user is aware of the International Currency Market. However, few of them are able to discern a fraud while trading on Forex. It is not an easy task even for a professional trader. Therefore, newbies often fall victims to frauds whose scams are getting more and more elaborate every year. Today we will have a closer look at the young and allegedly reliable company – Tor Trade.
When inexperienced traders open the Tor Trade website, they see plenty of impressive offers. On the eye-catching trading platform, the broker offers successful stock speculation and lots of other advantages. Nonetheless, the company provides no specific information. The website itself can be hardly estimated as average. Still, people who are lacking experience or those who are craving for big gains would be definitely attracted to this broker. And this is exactly what brokers-scammers are expecting.
Traders seem to believe in that ‘magic program’ offered by Tor Trade which is no more, no less than artificial intelligence. On the website, the broker assures that its program is able to make the right decision in just half a second. It analyzes the actions of local and foreign investors and then gives a winning trading strategy. Putting it mildly, the developers of the platform are either insane or swindlers with a wild imagination.
Thus, first and foremost, it would be quite useful to look through the forums and read feedback on a broker before your start trading. Thereby, you avoid risks of being financially cheated. Additionally, there is an abundance of negative feedback on this broker. You just cannot skip them, even if you want to.
By the way, according to the website, the broker has been working flawlessly for more than a year. Such a barefaced lie! This is a one-day company. Its website domain name was registered on January 24, 2019. If you check the blog posts, you’ll notice that there were no posts until January 29. And last, but not least, the company has an operating history. According to Top Trade, the company was founded by a group of enthusiasts. They even managed to survive a severe crisis but quickly recovered. Besides, they have released an unknown NewCoin. They are planning to transit to this cryptocurrency in the near future.
There is no need to repeat that it is all a big lie! Even the so-called artificial intelligence program. It is just a well-elaborated scheme aimed at stealing as much money as possible from gullible people. Usually traders make a deposit in dollars. However, Tor Trade requires a minimum deposit of 500 euros.
This broker has a certain scheme. Firstly, traders make a deposit. Then, their money just disappears. Traders receive calls with promises to make up for their losses. Next, traders believe, replenish their accounts and again lose their money. It happens again and again until traders comprehend that they’ve been fooled or they runs out of money as well as ways to get them.
This is so ridiculous but Tor Trade positions itself as a protector of deceived traders. The company can even help to get money back from a scam-broker. Tor Trade asks for registration and opening a deposit on its website as a fee for its service.
Thus, reviews on Tor Trade aren't an attempt of its rivals to compromise its activity. This is an objective assessment of the company as it is.
Tor Trade is one of the most frequent types of virtual shenanigans. It's not even a company, it's just a website full of empty promises. The broker frauds gullible traders by draining their money. Stay away from such companies as well as similar ones. Before you give away even a coin from your pocket, do not be lazy – read the reviews, study the information about the company before opening an account on its website.
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