Out of business Alpha-Tech Group OÜ
Updated: Mar 26, 2023•
ProTrade is a forex broker. Pro Trade offers the PROTRADE WebTrader forex trading platform. ProTrade.fm offers over 50 forex currency pairs, commodities, stocks, indices, gold, silver, oil, bonds, ETFs, bitcoin and other cryptocurrencies for your personal investment and trading options.
From at least as early as November 2020 until May 2021, a very large number of fake and suspicious reviews have come in. These reviewers overlap between multiple companies, including:
Website is down. Company seems to be out of business.
Out of business
|Minimum Trade Size:||Unknown|
|Minimum to Open Live:||$250|
|Address:||Corporate Center, Austrasse 46, 8045, Zurich, Switzerland|
|Contact:||firstname.lastname@example.org, + 442037692568|
|Web Trading:||✅ Yes|
|Cryptocurrencies:||(20+) Bitcoin, Litecoin, Ethereum|
|CFD:||(795+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, bitwallet|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, bitwallet|
Imposible to withdraw
Service use: Live Length of use: 3-6 Months
My problem is nearly the sam. My first investment was 250USD than after some gains I was advised to invest more (2000USD). They lost my money (twice , because it was secured). After that I recovered it and now I want to withdraw, but they said that I have to pay fees first (5112USD for withdrawing 39.000 USD). It is not possible to pay fees from my trading account!!!
west midlands, United Kingdom,
Apr 9, 2021,
forwarned is forarmed protrade.fm be very careful or find another broker
Service use: Live
hi im new to the site and having read some other reviews,i thought i should let others know about my brief experience with protrade.fm ,basically avoid them at all costs you will get drawn into opening an account with the initial deposit in my case £250 to register and open an account ,then you will speak to a broker who will insist that he can give you a 30-40% return on your investment ,2 days later ,the broker contacts you again and shows you a profit on your initial deposit ,and then pleads with you to invest more ,not happy with a few hundred we are talking thousands ,advising of various ways to raise capital to invest with protrade.fm so if like me i made the investment up to £1000, ,the money then goes to work ,but you have no control over your investment ,although in my situation there is a 25% profit approximately,, i have no control of either buying or selling or stopping any trades ,i am basically locked out of my own account and now suffering regular losses and insignificant profits.so when the time comes that you would like to withdraw any of the funds in your account you get stonewalled and told you have insufficient funds available to withdraw ,why you may ask well its because (in my case ) i have 5 open trades active on your account ,which i didn't authorise and again have no control over ,,finally ive since found out Protrade.fm is an unregulated trading company with un licensed brokers ,,yes i know its my own fault ,so please avoid this company at all costs