Problem Fortrade issue. My trade experience or inexperience...

[FxMaster]

Yes, that date is right. So much patience i have gained through all this so far, that will make me a believer in the end, i always have doubts but never say never...

Let me know if you need any kind of help or details

 

[FxMaster]

Hello Selmir,
I came across this board now and just registered as I am very frustrated with Fortrade. I had a very similar experience to yours. I came across fortrade roughly 1 year now and have been putting money all way along. I was also promised a lot, and the same thing happened to me with CrudeOil, Aurora, Tilray,... etc .. They were all losing trades !! I was sent lots of analyses, charts,.. numbers etc.. However I was still loosing, ALOT. My "manager" kept insisting to put in more money so as to secure my margin..etc.. I had to close many positions with huge loss and was also reprimanded for this.. However my losses kept getting bigger and I kept putting in more money. I am ashamed at the numbers.. I put in all my savings.. about 250,000 Eur as I lost count now.. My Equity on my account now is about 6,000 Euro. I told my manager many many times that I want to quit as I cannot take such losses, and that I am loosing my sleep and health over this, but he kept on insisting that things will be better, that new analysis..etc etc.. very convincing !!.. Most of the talks were done on the phone but I have many emails from them backing what I am saying..

Sorry I wrote long.. but please stay away from this !!
And please dont blame yourself !! I am truly sorry for your loss but you like me, thought you were in the hands of the professionals not charlatans..

Hoping for anyone that could help us !!

Thanks to everyone and may you all be blessed !

Sorry I am writing again.. I know this is not a counselling board but I feel better writing as I kept all of this for 1 year now.. I had also many conflicts with my fortrade manager.. For instance I had a good position in silver (which I opened by myself as I wanted to diversify my trades).. he called me many times to close my position in silver and instead to invest in Aurora..again he provided analysis that Aurora will soar.. I trusted him and I closed silver to invest in Aurora.. Big mistake!! My average in silver was 15.5 us dollars, after I closed silver went to 19 us dollars, whilst Aurora collapsed. Another instance he told me to buy Tilray at a price of about 80 us dollars.. I said that Tilray was on a steep downtrend and that I was not comfortable to invest more but he insisted that Tilray was a good company. All this was done over the phone..calling me 2 times a day..etc.. When I was loosing I wanted to close my positions but again he advised me to invest more to recover my margin. I trusted him ! They are professionals I thought.. how could I loose if I keep on putting money ?.. I manually closed Tilray at a price of 50 usd and lost about 80,000 euro on that trade alone.. After that I had many positions closed on margin calls.

I lost 13 years of my life savings and 1 year of my life which I will never get back !!

Great analysts at fortrade eehh !!

If you are having a serious problem with a company, you should open your own thread in Scam Alerts and give details.

Why your own thread?

1. If the person who started this thread has their issue resolved, this whole thread will be marked as resolved.

2. Your thread can have a link from your review. This makes your issue more visible.

3. Issues can be different. Having your own thread makes it easier to get advice specific to resolving your issue.

 

[WantJustice]

If you are having a serious problem with a company, you should open your own thread in Scam Alerts and give details.

Why your own thread?

1. If the person who started this thread has their issue resolved, this whole thread will be marked as resolved.

2. Your thread can have a link from your review. This makes your issue more visible.

3. Issues can be different. Having your own thread makes it easier to get advice specific to resolving your issue.

Thanks FxMaster.. I wrote under scam. Title is. Fortrade Cheaters. Thanks again !

 

[FxMaster]

Thanks FxMaster.. I wrote under scam. Title is. Fortrade Cheaters. Thanks again !

You are most welcome and follow the suggestions I left there for you.

 

[TheAlert1]

Sorry I am writing again.. I know this is not a counselling board but I feel better writing as I kept all of this for 1 year now.. I had also many conflicts with my fortrade manager.. For instance I had a good position in silver (which I opened by myself as I wanted to diversify my trades).. he called me many times to close my position in silver and instead to invest in Aurora..again he provided analysis that Aurora will soar.. I trusted him and I closed silver to invest in Aurora.. Big mistake!! My average in silver was 15.5 us dollars, after I closed silver went to 19 us dollars, whilst Aurora collapsed. Another instance he told me to buy Tilray at a price of about 80 us dollars.. I said that Tilray was on a steep downtrend and that I was not comfortable to invest more but he insisted that Tilray was a good company. All this was done over the phone..calling me 2 times a day..etc.. When I was loosing I wanted to close my positions but again he advised me to invest more to recover my margin. I trusted him ! They are professionals I thought.. how could I loose if I keep on putting money ?.. I manually closed Tilray at a price of 50 usd and lost about 80,000 euro on that trade alone.. After that I had many positions closed on margin calls.

I lost 13 years of my life savings and 1 year of my life which I will never get back !!

Great analysts at fortrade eehh !!

Don't ever feel sorry. These people are criminals and feel nothing for taking our hard earned money. They have no skills apart from stealing. Remember we made and earnt that money they didn't!!! FPA is here for all of us and so am i

 

[TheAlert1]

FPA is here tackling these issues head on way better than any of our regulators!!!!!

 

[Selmir]

Sorry I am writing again.. I know this is not a counselling board but I feel better writing as I kept all of this for 1 year now.. I had also many conflicts with my fortrade manager.. For instance I had a good position in silver (which I opened by myself as I wanted to diversify my trades).. he called me many times to close my position in silver and instead to invest in Aurora..again he provided analysis that Aurora will soar.. I trusted him and I closed silver to invest in Aurora.. Big mistake!! My average in silver was 15.5 us dollars, after I closed silver went to 19 us dollars, whilst Aurora collapsed. Another instance he told me to buy Tilray at a price of about 80 us dollars.. I said that Tilray was on a steep downtrend and that I was not comfortable to invest more but he insisted that Tilray was a good company. All this was done over the phone..calling me 2 times a day..etc.. When I was loosing I wanted to close my positions but again he advised me to invest more to recover my margin. I trusted him ! They are professionals I thought.. how could I loose if I keep on putting money ?.. I manually closed Tilray at a price of 50 usd and lost about 80,000 euro on that trade alone.. After that I had many positions closed on margin calls.

I lost 13 years of my life savings and 1 year of my life which I will never get back !!

Great analysts at fortrade eehh !!

Hello Selmir,
I came across this board now and just registered as I am very frustrated with Fortrade. I had a very similar experience to yours. I came across fortrade roughly 1 year now and have been putting money all way along. I was also promised a lot, and the same thing happened to me with CrudeOil, Aurora, Tilray,... etc .. They were all losing trades !! I was sent lots of analyses, charts,.. numbers etc.. However I was still loosing, ALOT. My "manager" kept insisting to put in more money so as to secure my margin..etc.. I had to close many positions with huge loss and was also reprimanded for this.. However my losses kept getting bigger and I kept putting in more money. I am ashamed at the numbers.. I put in all my savings.. about 250,000 Eur as I lost count now.. My Equity on my account now is about 6,000 Euro. I told my manager many many times that I want to quit as I cannot take such losses, and that I am loosing my sleep and health over this, but he kept on insisting that things will be better, that new analysis..etc etc.. very convincing !!.. Most of the talks were done on the phone but I have many emails from them backing what I am saying..

Sorry I wrote long.. but please stay away from this !!
And please dont blame yourself !! I am truly sorry for your loss but you like me, thought you were in the hands of the professionals not charlatans..

Hoping for anyone that could help us !!

Thanks to everyone and may you all be blessed !

Hallo @WantJustice

I see so much similarities between our cases and i sympathize with you, don't give up please.
Here in FOREX PEACE ARMY you can get quality information suggestions and guidance in this hard times.
Hoping for our good sake that there is some good in world and in people...

 

[Selmir]

Let me know if you need any kind of help or details

Thanks @FxMaster...

 

[fxtrendtrader]

Good luck, hope you will get some help

 

[TheAlert1]