Read our Eu-Trade.org review to understand why we strongly advise against trading with this broker. To clarify, this review pertains specifically to eu-trade.org.
Is Eu-Trade.org a Scam or Legit?
Upon reviewing their website, it’s clear that Eu-Trade.org is not regulated by any official agency. This is a MAJOR RED FLAG!! This fact alone should deter you from investing with them. Additionally, they collaborate with websites offering “Automated trading software,” which is notorious for being associated with scammers.
In essence, Eu-Trade.org is another unregulated forex broker. This means that clients are left unprotected, and there’s a high probability that they will abscond with your money without any regulatory body holding them accountable.
How Does the Scam Work?
Typically, unregulated forex brokers operate in a similar manner. They initiate contact with potential clients, persuading them to make a minimum deposit. They lure people in with offers that seem too good to be true, like doubling your initial deposit or making hundreds of dollars daily with ease. DO NOT fall for their promises! It is a SCAM! Once you make the initial deposit, you’ll be handed over to a more skilled scammer, known as a retention agent, who will attempt to extract even more money from you. Also, do not trust any positive Eu-Trade.org reviews you might find online—they often pay to have these fabricated.
Withdrawing Funds from Eu-Trade.org
You should immediately request a withdrawal because your funds are never safe with an unregulated broker. But this is where the trouble starts.
Regardless of whether you’ve made a profit, they will delay the withdrawal process for months. If they manage to drag it out for six months, you lose the ability to file a chargeback, and your money is gone forever. No matter how persistent you are, you will NOT get your money back. And if you signed a Managed Account Agreement (MAA), which essentially gives them control over your account, they will deplete your funds, leaving nothing to withdraw.
How to Recover Your Money from Eu-Trade.org?
If you’ve already deposited funds and they’re refusing to return them, don’t panic—there may still be a way to recover your money. First, keep all email communications as evidence that you’ve requested a refund, and they’ve either ignored your requests or intentionally delayed the process.
Your first course of action should be to initiate a chargeback immediately! Contact your bank or credit card provider and explain how you were misled into depositing funds with an unregulated trading company. Make sure to mention that they are refusing to return your money. This is the simplest and most effective way to get your money back and also harms the broker by damaging their relationships with payment service providers. If you’ve never done this before or need help with the process, we can assist you in preparing your chargeback case. Just reach out to us at info@thefxreview.com, but do not let your broker know that you’ve read this article or contacted us.
What About Wire Transfers?
If you transferred funds via wire, unfortunately, chargebacks aren’t possible. In this case, you’ll need to escalate the situation. Inform them that you plan to file a complaint with the authorities. This threat might prompt them to reconsider a refund. Additionally, you can draft a letter or email to the regulatory agencies in your country. Simply search online for the appropriate regulatory body for Forex brokers in your location, and prepare a detailed account of how you were deceived. Show this letter or email to the broker and warn them that you’ll send it to the regulatory agency if they don’t refund your money. If you need help with this step, contact us at info@thefxreview.com, and we’ll guide you through the process.
Leave Reviews About Eu-Trade.org on Other Sites
Another way to fight back and protect others is by leaving reviews on different websites. Look for other reviews about Eu-Trade.org and briefly share your experience. If you’ve fallen victim, please leave a review and a comment on this site. When these scammers change their website, they often reach out to previous clients. If you receive a call from a new website, mention it in the comments or inform us. Additionally, if other companies start contacting you, share their names in the comments or send them directly to us so we can expose them as well.
Eu-Trade.org Review Summary
Writing this Eu-Trade.org review was important to us, and we hope it helps protect people from losing their hard-earned money. Always thoroughly research any Forex company—or any company—before making a transaction. We hope this review has been helpful. If you have any questions or need advice about the withdrawal process, feel free to contact us at info@thefxreview.com. If you choose to trade, make sure to do so with a trustworthy, regulated broker. Consider the brokers we’ve listed below.
