Discuss BlueTrading.com

[ptrading]

The accounting firm phone number just rings out and the address is in the middle of the desert - it's likely a fake company!

Have you connected to "Phuti Prince Baloyi" on linkedin?

 

[mycoolhowton]

Have you connected to "Phuti Prince Baloyi" on linkedin?

No - what is the point? The accounting firm is clearly a fake. An investment company with 27 million in assets would use the likes of PWC to audit the results, not some small time accountant based in South Africa.

It's no different from the My FX Book links, they weren't linked to their account, they weren't actually Blue Trading accounts.

The signs were all there with a bit of digging...

 

[Pedro DP]

Hi,

3 easy questions for those aware:
- is there someone of your already reaching 100% of the investment and successfully withdrawing it ??
- can anyone of you confirm at least the last 4 (or more) published performances for October ´18, November ´18, December ´18 and January ´19: 7,89%, 13,64%, 14,70%, 16,97% ??
- is there anyone confirming winnings and having started in 2016 or 2017 ??

Thx

Hallo,
I'm with BT since May 2018. In November I've withdrawn nearly 5000 euros i.e. my initial deposit plus about 1000 euros. Before this mess the account raised again to 4900 euros. Now I have about 1800 euros remaining. I feel myself pretty lucky because I'm still earning....

Performances don't match the declared ones but they are pretty close: 14.99% on my account against 16.06% as declared in the same periods.

For the last question: they've started the website on december 2017. I didn't find any on-line evidence of them before (the domain name was on sale until that date). Moreover their controlling BluVenture Group Ltd., has been registered in Mauritius on 29 November 2017.

 

[ptrading]

Hi,

3 easy questions for those aware:
- is there someone of your already reaching 100% of the investment and successfully withdrawing it ??
- can anyone of you confirm at least the last 4 (or more) published performances for October ´18, November ´18, December ´18 and January ´19: 7,89%, 13,64%, 14,70%, 16,97% ??
- is there anyone confirming winnings and having started in 2016 or 2017 ??

Thx

Started with Bluetrading end of August last year.
I have successfully withdrew 147% (total EUR18400) of my deposit from them. Requested withdrawal each month, and last withdrawal (EUR16000) Jan 20th, received in 3 days.
Balance was around EUR4k before the Friday incident, now showing -EUR650

 

[Pedro DP]

The accounting firm phone number just rings out and the address is in the middle of the desert - it's likely a fake company!

The business address is
Standard Bank Incubator, 5 Cradock Ave, Rosebank ,Johannesburg

 

[kerzie]

Started with Bluetrading end of August last year.
I have successfully withdrew 147% (total EUR18400) of my deposit from them. Requested withdrawal each month, and last withdrawal (EUR16000) Jan 20th, received in 3 days.
Balance was around EUR4k before the Friday incident, now showing -EUR650

Looks like you had just optimal lucky run.. What made you do the last big withdrawal to leave your account to the minimum end of January? You had concerns or a feeling of something not being right, to stop that profit run there and leave just the minimum 3k to account?

 

[ptrading]

Looks like you had just optimal lucky run.. What made you do the last big withdrawal to leave your account to the minimum end of January? You had concerns or a feeling of something not being right, to stop that profit run there and leave just the minimum 3k to account?

Ya, my last withdrawal just made it. I have been skeptical since started with them. Last big withdrawal just wanted to test whether they would process amount more than my initial deposit.

 

[Alibabunna]

No - what is the point? The accounting firm is clearly a fake. An investment company with 27 million in assets would use the likes of PWC to audit the results, not some small time accountant based in South Africa.

It's no different from the My FX Book links, they weren't linked to their account, they weren't actually Blue Trading accounts.

The signs were all there with a bit of digging...

To everyone,

I attach a snapshot of a small investigation I got done coincidentally just before this mess came to light. This snapshot is only about the accountant that was supposedly auditing BT's profits since we are talking about them now. Main thing is the accountant shows the IRBA logo (Independent Regulatory Board for Auditors) on his pdf via BT's link. The snapshot shows an email from IRBA denying the affiliation of Prince Investment with IRBA. I am not revealing the content of the rest of the investigation at this point. i'd rather wait until tomorrow but I am very pessimistic and always been skeptic. That is why I was so lucky I withdrew all my capital (at that point 40K) literally days before all this happened as I was scared. I wrote about this before the weekend but both comments are still being moderated so never went through. In view of going big with the investment I contacted someone to look at BT's business with a different set of eyes...

 

[kerzie]

Copypaste from trustpilot:
Discord chat - Blue Trading discussion
link:
https:// discord.gg/ HwJfNxR

Don't need to register, email, phone or anything if you don't want. Can be used just with a browser. Customers sharing thoughts.

 

[mrshells]

Well it’s all gone now
Just checked my account and a load of bitcoin and currency trades have wiped me out completely