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Ultimate 4 trading scam or not?

13

Comments

  • sebastianj
    sebastianj Posts: 1,039 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    No I haven't signed up with EZtrader, I didn't know how they fit in.
    seb
  • I'm really showing my ignorance here, but how do I cross the numbers on the photo of the debit card? I just want to withdraw my money! I wonder if they take a fee for 'managing' the account. Not feeling confident about getting it all back - or any of it for that matter!
  • I was automatically directed to EZ Trader.com to credit money to my account after signing up :(. Who apparently are the online platform provider (and broker) for the software of Ultimate4trading??
  • sebastianj
    sebastianj Posts: 1,039 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 9 January 2016 at 12:51AM
    Spenditsue, I photo copied the card crossed the numbers then scanned it in. Don't worry too much, you haven't authorized them for any cash other than what you did earlier. You can out a stop to further charges by changing your card or telling your bank the situation and ask for their advice. Did you pay just once? if yes then that's what I did, I am also learning, there are different trading companies with a number of sales companies.

    seb
  • Thanks Sebastian, if I end up having to provide my card details I will use your method. I have been in touch with my bank tonight and blocked my card and will be getting a new one issued. I was also advised to contact the brokers and ask them not to collect the pending amount ( though most likely they will) but I have emailed them anyway. Plus I have to ring the dispute department at my bank on Monday to let them know my concerns. Yes, I just paid one sum and to lose £200 isn't the end of the world but if I can get it back all the better.

    Sue
  • Out of interest, which broker were you directed to, Seb?;
  • sebastianj
    sebastianj Posts: 1,039 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Good night Spender Sue.

    seb
  • Lol, goodnight - though I'm never in bed before 2am!
  • these guys are posting hundreds of vids on youtube under different users for...
    ‘Startup365’
    'Ultimate4trading’
    ‘trading30elode’
    ‘preditrend’

    there must be a way to prevent this mass scamming otherwise plenty of people will be sucked into their very slick advertising.
  • Keep seeing it all the time on Facebook and linked in. At least FB give the option to mark adds you don't want to see. Can't say I have seen one since I gave feedback.
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