FinuTrade Review
Table Of Contents
| 🌐 Website | finutrade.com |
| 🏠 Company | Shadorte Ltd |
| 📌 Address | Beachmont Business Center, 242, P.O. Box 1510, Kingstown, St. Vincent and the Grenadines |
| ☎️ Phone | +442038076465 |
| support@finutrade.com | |
| ⚖️ Regulation | Unregulated, Blacklisted, Offshore |
FinuTrade Details
FinuTrade is an online trading broker owned by Shadorte Ltd. The company is located at Beachmont Business Center, 242, P.O. Box 1510, Kingstown, St. Vincent and the Grenadines.
To contact FinuTrade, their support team can be reached via phone at +442038076465 or by email at support@finutrade.com.
Their website can be found at : finutrade.com
It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including FinuTrade.
To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: Fx24options and Relycoin.
Traders Opinion
In all probability, there have been other traders who have already used the same service, and have expressed their opinions and feedback online on various forums.
Reading reviews from other traders who have experienced FinuTrade firsthand is crucial in determining the broker's reliability. These reviews offer insights into the platform's functionality, customer service, and overall trading experience, allowing potential investors to make informed decisions.
How To Withdraw From FinuTrade?
If your funds are stuck in your FinuTrade account, you should try to reach out to them first and request a withdrawal by every possible means so that you have proof to show authorities later on if they refuse to process your withdrawal.
Unfortunately, FinuTrade is not regulated or authorized to operate by any major regulatory authority, which means it will be a difficult process to withdraw from this company if they decide to ignore your request or suspend your account for trivial reasons.
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
Read more about this topic in our dedicated article: Financial Regulation Authorities.
Is FinuTrade Legit or a Scam?
When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company.
When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.
Some examples of regulatory authorities that issue brokerage licenses are:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
How Online Trading Scams Work?
One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.
Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when trying to invest in trading platforms.
More info about trading scams:
Got Scammed by FinuTrade?
If you have lost money with FinuTrade, 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 FinuTrade.
- 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.
How To Get a Chargeback From FinuTrade
Follow our straightforward guide to efficiently reclaim your lost funds from FinuTrade with minimal hassle.
Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with FinuTrade and prepare for the consultation.
Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from FinuTrade.
In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.
Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.
FAQs
Is FinuTrade a Legitimate Company to Trade With?
Unfortunately, FinuTrade is not a trustworthy company to deal with, as they are not registered or regulated by any major regulatory authority, such as the Financial Conduct Authority (FCA).
What Are the Risks of Using FinuTrade?
The risks involved in using unregulated companies like FinuTrade include the inability to file a complaint with a credible regulatory authority in case of a dispute.
What Should I Do If I Have Been Scammed by FinuTrade?
First and foremost, report the incident to your local authority department. If no resolution can be reached, there is still hope to recover your funds from FinuTrade by attempting to open a chargeback case with your bank or credit card provider.
How Can I Get Help for Filing a Chargeback Case?
Since the process of filing a chargeback case can be relatively complex and time-consuming, we recommend seeking assistance from our partner, MyChargeBack, by completing the form provided on top of the page.
In the event of an exceptionally complex case they may require an upfront fee, as building your case will necessitate initial resources. Otherwise, if successful, MyChargeBack will be compensated by retaining a percentage of the recovered funds from FinuTrade, typically around 20%.
How Can I Avoid Being Scammed Online?
To prevent falling victim to scams in the future, always ensure that you deal with legitimate companies that are fully regulated by major regulators, such as the FCA.
Kevin Howcroft says:
Hi Stephen, They play the long game to draw you in before putting the pressure on to put more money in, they just took my for two grand.
Give them a very wide birth.
Steven says:
Me paso lo mismo, podemos hacer fuerza?
stephen spiby says:
Same for me Juan please keep me in touch with your progress thanks I have just posted on this website Thanks steve and good luck
Stephen Spiby says:
Been totally took to the cleaners with there lies about withdrawal status. Following there instructions to then be told you had made an error which loses all of the profits you had made supposedly then they ask for more money to correct the error. All the profits are manufactured not real, but that drags you in to invest more. Then you lose it all with the manufactured mistakes. I would love to find where they operate from. Supposedly Malta but they could be anywhere. They probably go out at the weekend robbing Old ladies they are that callous. Same experience as Juan Below Was told to make initial payment to education Square Limited registered in the uk Director is Achilleas ACHILLEOS entrepeneur from cyprus. If anyone knows him. The company who did the company registration on behalf of Shadorte limited is Wilfredinternationalservices.com i emailed wilfredservices@gmail.com and got an initial responce now nothing they are based in St Vincent
Finutrade are supposedly operaing from Marina Business Center Ta xbiex street Valletta malta i rang the lanlord of the offices they do not know of Finutrade however the trader says they use a different name for the office. The domain name is registered with namecheap who supply the domain name thanks lets hope they end up in prison names i have dealt with at finutrade christian trevor Kobe also heard of Joaquin Vicky
stephen spiby says:
totally the same for me i am currently contacting several companies who finutrade use to operate
stephen spiby says:
we need to find them
stephen spiby says:
very true do not fall for this . these people should be in prison
maria luisa Calviño Fernández says:
ayudenme por favor estoy desesperada
JUAN says:
La plataforma FINUTRADE no merece ninguna confianza. Una vez realizadas inversiones en ella, no resulta ya posible recuperar el dinero invertido ni retirar las ganancias obtenidas.
El relato de lo acontecido con mis inversiones en FINUTRADE es suficientemente expresivo de la táctica seguida por la plataforma, abusando de la buena fe de los inversores y empleando el engaño para animarles a hacer inversiones que nunca recuperarán.
Comencé a invertir en FINUTRADE a primeros de marzo pasado, con la gestora Emma. Tras comprobar el funcionamiento de la plataforma y retirar alguna pequeña cantidad de dinero, animado por las promesas de ganancias que ofrecía, fui incrementando notablemente mis inversiones hasta alcanzar una elevada cantidad de dinero.
Una vez que la cuenta alcanzó un saldo importante, a finales de marzo pasado se produjo un cambio de gestor, entrando en escena Joaquín, quien se mostró siempre impaciente por incrementar aún más mis inversiones en la cuenta con nuevas promesas de grandes beneficios. En un primer momento me propuso participar en la entrada en el mercado de una nueva cryptomoneda, patrocinada por Paypal, con una inversión mínima de 50.000 euros, asegurando que mi ganancia sería muy elevada, a lo que me negué rotundamente.
Ante mi negativa a llevar a cabo nuevas inversiones a corto plazo, fue aumentando su insistencia con diferentes pretextos y cierta brusquedad, hasta el punto de condicionar la continuidad de su asesoramiento como gestor a que aumentara considerablemente mis inversiones en la cuenta.
Fue entonces cuando decidí comprobar la disponibilidad de mis fondos, dado que la cuenta contaba ya con varias decenas de miles de usdt de saldo disponible. En ese preciso momento, cuando ordené mi primera retirada importante de fondos, comenzaron los problemas con FINUTRADE. Nunca fue autorizada esa retirada de fondos.
Alertado por tal situación y en la creencia de que estaba siendo objeto de una ESTAFA, decidí mantener un tono cordial con mi gestor y mostrar interés en realizar nuevas inversiones para intentar recuperar, al menos, el capital invertido. De este modo, he conseguido recuperar una parte de mi inversión.
Ante mis intentos de retirar nuevas cantidades de dinero, recibí una llamada desde Londres de quien dijo llamarse Trevor y ser responsable de FINUTRADE, para que retomara las operaciones con otro gestor y mantener activa la cuenta, con la promesa de que podría retirar mi dinero después.
Otros inversores han relatado en sus comentarios sobre FINUTRADE que habían sido objeto de operaciones temerarias para vaciar sus cuentas antes de perder contacto con la plataforma. Ante ello, decidí hacer las siguientes operaciones sin asesoramiento ni intervención de los gestores de FINUTRADE, para mantener activa mi cuenta como me exigían y así poder retirar más fondos.
Sin embargo, aun no he conseguido recuperar ni tan siguiera el capital incialmente invertido, aunque mantengo un importante saldo en la cuenta. La comunicación con FINUTRADE no resulta posible, no contestaban a ninguno de los teléfonos de soporte, ni a los correos electrónicos remitidos.
En definitiva, en la medida en que se incrementan las inversiones en FINUTRADE aparentemente todo va bien, pero cuando el inversor intenta retirar cantidades importantes de dinero comienzan los problemas, hasta el punto de perderse todo contacto con la plataforma.
¿De qué sirve invertir en una plataforma de trading, si no puedes retirar tu dinero?
En este momento los hechos relatados y otros más graves que ahora no puedo hacer públicos se encuentran denunciados penalmente en España. En el momento en que me autoricen a ello, informaré a través de esta página web sobre el estado de la INVESTIGACIÓN CRIMINAL y ofreceré un medio de contacto (teléfono y/o email) para que quien lo desee pueda unirse.
Javier says:
Me acaba de ocurrir asi mismo,tal tu lo cuentas
Fernando González Tello says:
FinuTrade es un grupo de estafadores. Desde el primer dia, todo es ganancia y el futuro muy prometedor. Todo mentira. Hay indicios de que nuestro dinero no lo invierten, tienen una plataforma falsa en la que te hacen creer que te estas haciendo rico. Cuando pides que te reintegren parte del dinero, provocan una pérdida que te deja totalmente arruinado. A mi me dijeron que invirtiera en una criptomoneda (que era sólo en una letra diferente a otra) y me hizo perder todo el dinero. Luego insistieron que el error fue mío que había comprado la que no era, pero la verdad es que ellos me dijeron la criptomoneda inadecuada, aunque trataron de vender que no fue así. Todo falso. Tienen cientos de páginas web, probablemente creadas por ellos mismos para legitimar su hazaña, en las cuales intento copiar este mensaje pero no aparece reflejado porque no admiten comentarios. La realidad es que es una estafa real. Yo he perdido varios miles de euros, les pido que no caigan en la misma estafa. Mucho ánimo a los que como yo, han sido engañados.
Fernando González says:
FinuTrade es un grupo de estafadores. Desde el primer dia, todo es ganancia y el futuro muy prometedor. Todo mentira. Hay indicios de que nuestro dinero no lo invierten, tienen una plataforma falsa en la que te hacen creer que te estas haciendo rico. Cuando pides que te reintegren parte del dinero, provocan una pérdida que te deja totalmente arruinado. Todo falso.