ForexTrade1 Review

ForexTrade1 Details

ForexTrade1 is an online investment company owned by FICM Consultancy Services & Lead Capital Markets Limited. The company is located at 24a Grigori Afxentiou, Monika, Limassol 3021, Cyprus.

To contact ForexTrade1, their support team can be reached via phone at +442081330612 +971501737587 +4536987279 or by email at info@forextrade1.com.

Their website can be found at : forextrade1.com

It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including ForexTrade1.

To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: StockTransferOnline and HB Global.

Is ForexTrade1 Legit or a Scam?

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if ForexTrade1 is an offshore and/or unregulated entity.

Sadly, ForexTrade1 is not regulated or authorized to operate by any major regulatory authority. As a result, withdrawing from this company might prove to be challenging if they choose to ignore your request or suspend your account for no valid reason.

If an investment company lacks a license from the regulator in your jurisdiction, it basically means that they are unregulated in your country and should be avoided. Therefore, even when a company is regulated, it is still preferable to avoid it if the regulator is located outside your jurisdiction.

Read more about this topic in our dedicated article: Financial Regulatory Authorities.

Got Scammed by ForexTrade1?

If you have lost money with ForexTrade1, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.

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 – can help you for your chargeback process:

• 24/7 availability: Get help whenever you need it.
• Free consultation: Evaluate your case without any upfront costs.
• Quick processing: Expedite the recovery of your funds from ForexTrade1.
• High success rate: Boost your chances of successful fund recovery.

Relying on a reputable service like MyChargeBack is crucial when dealing with online scams, as the typical chargeback process can often be complicated and time-consuming without the proper guidance.