247ForexTrader is an online investment company owned by 247 Forex Trader PLC and located at 1000 Main St 12th floor, Houston, TX 77002, USA.
They can be contacted by phone number at N/A or by email at firstname.lastname@example.org.
Their website can be found at : 247forextrader.com
Investment scams are getting harder to spot, but there are some signs that you should take into consideration to protect your money.
To avoid being scammed by an investment scam scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (Facebook, twitter, instagram...) and investment forums, we found out that some users are unhappy about their experience with 247ForexTrader and wrote mixed reviews about it.
It seems like 247ForexTrader is not a reliable investment firm and you should take that into consideration before investing.
If you don't want to be the next victim of a fraudulent online investment website promising high returns and operating with a fake company, always do your own research first before investing.
Is 247ForexTrader Legit or a Scam?
This is the most important thing you need to know about an investment company before using it. Is 247ForexTrader regulated ? Is it an offshore company ?
Most investment frauds are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if an investment firm steal your money, you won’t be able to complain about it unless they are licensed by a serious regulator such as:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
An unregulated company is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
You should definitely avoid any unregulated or offshore investment companies.
How Online Investments Scam Work?
The common used strategy by fraudsters is to first send you some returns to give you the impression that you are quickly and effortlessly making money. This allow them to gain your trust.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend or close your account and you probably won't hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
Don't fall into high yeld investments' trap.
More info about trading scams:
Got Scammed by 247ForexTrader?
If you have lost money with 247ForexTrader, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
Chargeback Is Your Solution!
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars.
Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
After filling out the form above, and validating your eligibility for their programs, MyChargeBack will help you build a solid case to regain your funds as soon as possible.