Forexpanda Reviews (forexpanda.com)

1.3
1.27 15 Votes
forexpanda

To find out why this website is a scam, carefully read our Forexpanda review. This is a review of forexpanda.com to dispel any confusion. However, they may also have other domains that are identical to this one; therefore, look to the logo to identify related domains. Nevertheless, it is evident from a cursory glance at the website that it is not owned by a legitimate business. The company at the bottom of the page is not listed, and they undoubtedly do not violate any regulations.

Who do they represent?

The inability of individuals to truly define themselves is a major issue. When someone owns a respectable business, everything is posted on their website, including the address and even the bios of the CEOs or staff members. This demonstrates that this website is fraudulent. We can tell these kinds of websites are complete scams just by looking at them. We put them to the test, traced their whole fraud process, and even signed in to see what was behind the registration page. We’ll explain how it operates to you shortly.

What are they offering?

Basically, what all of these websites—including Forexpanda Trading—offer is the same: information on how to use “auto trading software” to make hundreds of thousands or even millions of dollars. Sounds too good to be true, doesn’t it? YES, IT IS! Please DO NOT fall for these kinds of scams and lies that promise large sums of money with no work required.

How does the con operate?

For those who made deposits

Here are some things to know if you have previously deposited money using the Forex Panda. The first and most crucial thing you need to know is that you made your deposit at the broker that runs the Forexpanda website, not on the website itself. Your money is now solely in their possession—not that of Forexpanda—and you are their only customer. It is quite likely that your broker is unregulated, therefore please make sure to thoroughly inspect them. Typically, the data is shown near the conclusion of their webpage. Your money is not safe, you should request a withdrawal as quickly as possible if the broker is not licensed. To find out how, please read the information that follows.

How to take money out of your account

Sending the broker a withdrawal request should be your first step. They will almost certainly attempt to persuade you to act in the opposite way and carry on trading with them. Kindly indicate that you would like to withdraw. For as long as possible, they will postpone the withdrawal procedure. It will no longer be possible for you to withdraw if they postpone it for six months.

It is obvious that they do not want to return your money if they postpone it for longer than a week or two. To arrange a chargeback in this situation, get in touch with your bank or credit card provider. Simply give them a call, explain that you were tricked into making a deposit for an unlicensed business, and they will walk you through the

Regarding wire transfers, what are they?

There is no way to file a chargeback for a wire transfer if that was your mode of payment. You must intensify the battle in order to complete this step. Inform them that you intend to file a complaint against them with the authorities. They will reconsider the reimbursement option as a result of this. For the regulators, you can also draft an email or letter. You can use Google to find the country’s forex broker regulator, depending on where you live. After that, you can write a letter or email outlining how they tricked you. Make sure the broker sees this email or letter, and inform them that you will take legal action against them if they don’t return your money.

Post Forexpanda reviews on other websites.

Leaving negative reviews on other websites and providing a brief account of what transpired is another way to harm them, by which I mean the Forexpanda and the broker that created it, and to prevent other people from becoming victims. If you have experienced victimization, kindly review and comment on this page using the space provided for comments.

Conclusions of the Forexpanda Review

We are glad to be reviewing the Forexpanda, and our goal is to prevent as many people as we can from losing their hard-earned money. It is generally advisable to thoroughly investigate all forex providers and other businesses before completing a deal. When visiting websites that advertise “Get Rich Quick” schemes, exercise caution. We hope you found our review of Forexpanda useful.

15 Reviews

mary grace pilapil
1

Worst experience

My god it takes forever to answer a phone call! Worst experience ever, first attempt 25 minutes, second attempt 45 minutes and nobody pick up the phone.

Jesse Atkinson
1

Charged me currency

Charged me currency conversion fee while still on subscription Cannot submit a selling order

Dean sharp
1

system constantly has errors

system constantly has errors fixing the available shares to trade non existent customer service line, nobody ever picked up nor called back money withdrawal takes so many days for “risk management” purposes

Silver Thunderbird
2

Wealthsimple Trade

Wealthsimple Trade is a terrible service which is why they're offering "free trades". If you deposit/withdrawal it locks your funds for days before you can access them

Big John
1

Total garbage

Total garbage do NOT invest with these clowns they hold your funds for 2 weeks after depositing I had to get my bank to reverse the transfer and then WealthSimple sent me a email stating there would be a "sur charge" unless I re contacted my bank and them make the deposit.

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