12Trader review - Trading Instruments, Trading platforms, Broker features, and Traders ratings.
What is 12Trader?
12Trader is a forex broker with 12Trader Web and 12Trader Mobile forex trading platform.
12Trader.com offers over 50 forex currency pairs, indices, oil, gold, stocks, commodities, cfds, bitcoin and other cryptocurrencies for your personal investment and trading options.
Please read 12Trader Reviews below and share your live trading experiences with this broker.
|Minimum Trade Size:||0.1|
|Minimum to Open Live:||$500|
|Address:||Suite 305, Griffith Corporate Centre Kingstown 1510, Saint Vincent And Grenadines|
|Contact:||firstname.lastname@example.org, + 44 20 39361313|
|Trading platforms:||WebTrader, MobileTrader (MobileApp)|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(4) Bitcoin, Litecoin, Ethereum|
|CFD:||(150+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities|
|Copy Trading:||✅ Yes|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, American Express|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, American Express|
This is a big scam
At the start you get a "business plan" by e-mail and whatsapp from an "advisor", who claims to be located in London, but who is definitely situated somewhere in Eastern Europe. He shared his screen with me at one point and his local time was GMT+2 and he was off on Orthodox holidays. This guy called himself "Mr. Baxter", but this isn't his real name for sure. He'll offer to trade for you. I was very suspicious at the beginning, unfortunately not of his expertise, but because of the danger of being scammed. It worked quite well at the beginning. I was just a bit surprised by his lack of using stop losses. He explained, that it would produce too many losses.Then the first bad invests started and I had to provide him with more and more money. Eventually one Monday I received a message: "We had a bad bad Friday".It was just a move of €6 in WTI in the wrong direction, which caused a margin call and ALL positions were closed and the account was zeroed.The only solution offered was again to provide more money. So I even borrowed some. Result was the same! When I became bit angry about that, the guy even got cheeky! And I was never told that there was a risk of losing everything!The money was intended for my son education...Now, in retrospect, this can't work! You'll alway lose everything at some point.
So, if you don't want to lose all of your investment: Hands off!
12traders a scam
12TRADER.COM SCAM, I CAN'T WITHDRAW US$250 INVESTED
LISA - Trader/Mentor, MOLLY - Compliance and COLLINS - Sales are not authorizing my withdrawal request for US$250
1) I am not happy with trading platform interface it has different exchange rate compared to other brokers,
2) Signals have high risk to reward ratio wrong signals to make you loose your money,
3) I can not get hold of COLLINS - Sales who used to call me everyday before I invested and who promised that I can withdraw from my money if I am not happy.
Please do not invest your money with 12TRADER.COM it is SCAM if anyone needs further information about this company contact me.
12trader is for you
They teached me in the beginning and now providing me signals everyday. everything is working good, they are good company I recommend it for beginer and traders that want to improve.
12Trader and CMSTrader are related companies. This review came from the same location in Bulgaria used in the FPA's forums by a representative of CMSTrader.
Per FPA policy, the rating on this review has been set to Zero stars.
The FPA does not appreciate review spammers.