manlee
Private, 1st Class
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Thanks god i found Forex Peace Army!
My friends are being approached by Eu Trading Group agents and investors in Singapore, Indonesia and Malaysia for the past few months. Thus i decided to launch an investigation against this firm. I found that same group of people name Mr. Dean Price, Josh Hamilton and Alison Lloyd who used to run youtradefx, newtradefx are now representing Eu Trading Group. I understand both youtradefx and newtradefx have scammed many investors and traders in Europe since few years back. If you have any experiences dealing with them, feel free to share!
Eu Trading Group
40 Bank Street
76E14 London
Eu Trading Group eutradingroup.com has been promoting as a FX managed account with their own white label MT4 platform. They have consistently show over 10% profits every months by MT4 which suspect to be manipulated in order attract new investors. TOO GOOD TO BE TRUE! Eu Trading Group is promoting as UK company but their MT4 platform is under an unregulated Belize firm name Eu Trading Group Inc. According to their agent, investors funds are guaranteed by a trustee company name OklyCapital which self claimed as Financial Funds Assurance Regulator. UK FCA has confirmed such organisation is not exist in FCA list and it is unlicensed company. OklyCapital is also trustee or guarantee for company like Lhcbrokers Group Limited, etc. They showed investors that this company has 70mil pound of capital in order to mislead and build their confident. However, as i understand from one of the UK company secretary, UK company allow to set any amount of share capital without required to deposit the funds into the company bank account. This mean OklyCapital huge capital may not exist!
Below are the fund guaranteed terms from Eu Trading Group web site which sounds very suspicious! You may need to think twice when you heard guaranteed in FX trading.
The Oklycapital Limited, 20/22 Wenlock Road London England N1 7GU (Company number 9301062), acts as a Guarantor of EuTradingGroup, in the event that a Bank, Credit Union, Building Society, or any other financial institution goes bankrupt, or if for any other reason cannot meet its financial obligations toward its client, associates, and other business partners of EuTradingGroup. The Oklycapital Limited offers financial protection of up to £420,000 per person pr other authorized institution, in their business endeavors with EuTradingGroup. All deposited funds from sources including Checking Accounts, Savings Accounts, Cash ISA, or Savings Bonds, will be secured and protected under the strict guidelines of the Oklycapital Limited. The Oklycapital Limited acts as a Guarantor in the amount of £420,000 per person, per authorized institution, thereby protecting all holders of the funds. More specifically, if two individuals are co-owners of a joint account, the total amount covered would be doubled up to £840,000, per authorized institution. Terms conditions apply.
INVESTORS MUST BEWARE OF ALL THIS UNLICENSED BROKERS WHICH COULD DISAPPEAR ONE DAY! DO NOT GAMBLE YOUR MONEY WITH THESE SCAMS! TRADERS SHOULD ONLY TRADE WITH TOP LICENSED BROKERS!
Please share if you have any experiences with them. Moderator comment are welcome!
My friends are being approached by Eu Trading Group agents and investors in Singapore, Indonesia and Malaysia for the past few months. Thus i decided to launch an investigation against this firm. I found that same group of people name Mr. Dean Price, Josh Hamilton and Alison Lloyd who used to run youtradefx, newtradefx are now representing Eu Trading Group. I understand both youtradefx and newtradefx have scammed many investors and traders in Europe since few years back. If you have any experiences dealing with them, feel free to share!
Eu Trading Group
40 Bank Street
76E14 London
Eu Trading Group eutradingroup.com has been promoting as a FX managed account with their own white label MT4 platform. They have consistently show over 10% profits every months by MT4 which suspect to be manipulated in order attract new investors. TOO GOOD TO BE TRUE! Eu Trading Group is promoting as UK company but their MT4 platform is under an unregulated Belize firm name Eu Trading Group Inc. According to their agent, investors funds are guaranteed by a trustee company name OklyCapital which self claimed as Financial Funds Assurance Regulator. UK FCA has confirmed such organisation is not exist in FCA list and it is unlicensed company. OklyCapital is also trustee or guarantee for company like Lhcbrokers Group Limited, etc. They showed investors that this company has 70mil pound of capital in order to mislead and build their confident. However, as i understand from one of the UK company secretary, UK company allow to set any amount of share capital without required to deposit the funds into the company bank account. This mean OklyCapital huge capital may not exist!
Below are the fund guaranteed terms from Eu Trading Group web site which sounds very suspicious! You may need to think twice when you heard guaranteed in FX trading.
The Oklycapital Limited, 20/22 Wenlock Road London England N1 7GU (Company number 9301062), acts as a Guarantor of EuTradingGroup, in the event that a Bank, Credit Union, Building Society, or any other financial institution goes bankrupt, or if for any other reason cannot meet its financial obligations toward its client, associates, and other business partners of EuTradingGroup. The Oklycapital Limited offers financial protection of up to £420,000 per person pr other authorized institution, in their business endeavors with EuTradingGroup. All deposited funds from sources including Checking Accounts, Savings Accounts, Cash ISA, or Savings Bonds, will be secured and protected under the strict guidelines of the Oklycapital Limited. The Oklycapital Limited acts as a Guarantor in the amount of £420,000 per person, per authorized institution, thereby protecting all holders of the funds. More specifically, if two individuals are co-owners of a joint account, the total amount covered would be doubled up to £840,000, per authorized institution. Terms conditions apply.
INVESTORS MUST BEWARE OF ALL THIS UNLICENSED BROKERS WHICH COULD DISAPPEAR ONE DAY! DO NOT GAMBLE YOUR MONEY WITH THESE SCAMS! TRADERS SHOULD ONLY TRADE WITH TOP LICENSED BROKERS!
Please share if you have any experiences with them. Moderator comment are welcome!
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