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SLSTrades.com Review Visit site

Updated: Sep 12, 2019
Formerly SLSTrade.com
0.669 · 4 REVIEWS
Is this your company?
There is an FPA Traders Court guilty vote against this company.  The FPA recommends caution dealing with SLS Trades unless this issue can be resolved.

About SLSTrades.com

SLSTrades is a forex broker. SLS Trades offers the MT4 and Mobile forex trading top platform. SLSTrades.com offers over 5 forex currency pairs, future, stocks, cfds, gold and silver for your personal investment and trading options.


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0.669 · 4 REVIEWS
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Consumer Reviews

Perth, Australia,
Dec 7, 2018,

Do not touch this company or Michael

I started with a small amount of $2000 but Michael, probably not his real name, consistently wanted me to put more in until I was over $10,000. He had my account to over $1,000,000 in 18months. The leverage was 500. He was often right with his trades. He would never teach me anything or give any indication why he traded the trades. He would Skype me the trades and I would place them. He was also running out of a flat in Germany with a virtual bank, this made me suspicious but as I was new at the game I trusted him. When I asked to take money out to repay costs it all came unstuck as he conveniently was not available when trades became seriously negative and the account collapsed. He said Sorry but didn't take any blame. I've now learnt how to do it myself and am positive in a small account with a reputable company in Australia with smaller leverage.
Dammam, Saudi Arabia,
Jan 26, 2018,

Cheating Public by sls trades

This is to request you to cancel my above referred account (401464) and return all the money to my bank account (depositing and profited amount) (my open price SP crudeoile buy US $ 49.04 from dated 14-8-2017 still running on trading above US $ 63) as i have tried many mails to your support services team for resolve my account problem for operating and trading for me here my system or mobile, until more than one month’s nothing happened to maintain my account problem solve or any other solution for this matter. So please clear all the formalities to close this account and return my entire all amount to my alinma bank account and issue with the closing statement sent to my email address
this i send letter to sls trades but they are cheating me and never return my money

Jan 22, 2018 - No Rating I am Binoj Chakkandan vasu Working in Saudi Arabia, SLS Trades Cheeting my fund also almost all my money they cheating poor people money.i try with them nearly above 40 mails for followup my money but they never return my profit and deposited amount until today
Apr 29, 2017,
Registered user

SLS Trades is a scam broker

Issue escalated to Traders Court kweku vs slstrades.com | GUILTY
I was called in August 2016 by cold call from a British phone to my place in Germany. Me was explained about FX Trading. The alleged Analyst showed me an Index-Chart through remote desktop application Any Desk. He explained good trading opportunity to me and told he can advice me to do successful trades. I opened the account he proposed to me on SLS Trade website.
But after I had opened the account he surprisingly transferred me to a colleague soon.
This brokers Analyst usually calling and showing trading opportunities how to make huge profit if just realizing the idea soon. But always for this it was needed more money on the account. Hence the agent on phone asking obtrusive to transfer more money into the account… immediately. After 3 transfers done via visa-card and some other annoying incidents with my agent, I decided in November 2016 to check about how withdrawal with them works out ... because the opposite way, the way in, it was always easy and fast.
After I got fulfilled the requirements they asked me before they are able to proceed my withdrawal request, I did a valid withdraw request in March 2017. Two days later I asked about it and I got the answer the withdrawal request has disappeared in their system. I immediately did an new withdrawal request and the brokers support confirmed that it appears in the system now and they are going to proceed with it. 48 hours later(on weekdays) I still can see the pending withdraw request, so I asked by email to proceed it - but I didn't get an answer. But what I got within this days was three calls with British country code. One of this calls I got to answer. I was offered special offer for to trade FX again. After 6 days I reminded the broker again. But again - no reaction, neither back money nor a reply by e-mail. Some more days later then I got called from SLS Trades. The caller told he is going to proceed my withdraw request now. But what he did was trying a direct debit as my bank later confirmed. Fortunately I had changed my credit card to prepaid card and emptied the Visa-account already so that the scamer got nothing.
Ssdney, Australia,
Jan 20, 2017,
Registered user

SlsTrade is a Scam

This broker is a scam. They will keep on asking you to deposit funds every time they speak to you. To trick you they would also ask you to try their withdrawal after you make your first profitable trade. They would tell you to withdraw a small amount just to see how quick and genuine they are. The minute they realise you are not falling for their tricks and you are refusing to deposit more funds they will stop processing any withdrawal request you make and they will stop calling you and ignore your emails and not respond to live chat. Stay away and font fall for this scam. They are not regulated also which I didn't know until after i made my deposit. Big warning KEEP AWAY...
Vancouver, Canada,
Dec 14, 2016,

A scam

SLS Trade have approached me to open an account, without further checking I opened an account and deposited a large funds. I noticed that this kind of investment was not for me and decided to close my account. I was not able to withdraw my money at all. Customer service that you can not reach. The one that contacted me use a calling call company that you will never know the phone number. They are not regulated.