Warning: Is FlexTrade.online a Scam?
⚠️ FlexTrade.online has been reported by the Financial Conduct Authority (United Kingdom).
Do not invest with FlexTrade.online (flextrade.online) until you read this report. Users have reported withdrawal issues.
Is FlexTrade.online (flextrade.online) a Scam?
Be careful of FlexTrade.online (flextrade.online); it shows several characteristics of a scam.
We found that it is located at 3406 15th Avenue W UNIT C, Seattle, WA, 98119, and the support email is support@flextrade.online.
FlexTrade.online presents itself as a trading firm, but it appears unlicensed by any credible financial regulator, such as the FCA or SEC.
Scammed by FlexTrade.online?
If you believe you have been scammed by FlexTrade.online, do not wait. Fill out the inquiry below to speak with our cyber-forensics team for a no-obligation case evaluation.
Can You Trust FlexTrade.online?
FlexTrade.online operates without supervision.
Trading with unregulated brokers is highly dangerous. Trusted firms are always authorized with bodies like the FINRA or FCA to ensure consumer safety.
FlexTrade.online operates without this supervision. This means there is no legal recourse if they keep your funds. Many online scams use unregulated entities, and getting back money from them is challenging without professional assistance.
For example, in the UK, unauthorized firms are not covered by the compensation schemes. In the US, they are not part of SIPC, so your money is completely exposed.
How FlexTrade.online Might Scam You
Online trading fraud is evolving. Fraudsters use psychological tricks to take wealth. Below are typical methods used by brokers like FlexTrade.online (flextrade.online).
The "Romance" Trap
"Pig Butchering" is a common tactic where scammers groom victims over months. They build a romance on social media. Eventually, they mention a special crypto opportunity. It's a trap to get you onto a fake platform like FlexTrade.online.
The "Bonus" Trap
Fraudsters create websites that mimic real trading apps. They have charts and balances that increase. But it is a simulation. The broker controls the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.
Red Flags
- Unsolicited Contact: You get calls from "brokers" you don't know.
- Unregulated: The company lacks authorization.
- High Returns: They guarantee 1% daily returns with no risk.
- Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" first.
- Aggressive Sales: "Account managers" push you to invest bigger amounts.
Do not trust positive ratings. Scammers frequently post their own 5-star comments to appear real.
Conclusion
We do not recommend FlexTrade.online. It is likely a scam. Protect your money and use a licensed broker. Avoid flextrade.online at all costs.
DigitalReviewCenter