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Ultimate 4 trading scam or not?

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Comments

  • Hi there

    Like some here I was suckered in to ultimate4trading to the tune of £300.
    Trying to withdraw our money but don't expect much to be honest.
    At least it has taught me to carry out due dilligence on companies and scams like these.
    It's still being promoted on yahoo news and other sites.
    But at least I have come across one binary options site that seem's valid and helpful.
    They do not promote these auto trader platforms like ultimate or do binary options signals, they state that none of them work and are rubbish!!
    Like on here they have a helpful forum, and like most things in life, if you want to earn money by trading, you have to educate yourself first. They promote that aspect very well.
    The site is Binary Options That Suck and I'm not promoting any click link id's as an affiliate.
    So far I have not parted with any more cash until I have learned a lot more about BO trading.
    Regards
    A Northern Soul
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    marked as spam.
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    there must be a way to prevent this mass scamming

    Indeed there is, all people have to do is stop giving them their money.
  • Reaper
    Reaper Posts: 7,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The site is Binary Options That Suck and I'm not promoting any click link id's as an affiliate.
    Maybe, but their links to the recommended sites are affiliate which makes me suspicious how objective their reviews are.
  • Valid point Reaper.
    I'm new to the MSE forum so I thought I would just post my own little experience.
    The people who run that website freely admit they promote 3 recommended brokers.
    And they receive commission from these brokers if people sign to these brokers through their website, that is how the are able to run the site and do it free of charge.
    Sure people can have a bad experience with some service a broker recommends.
    A few years ago I changed banks to Santander following recommendations from this site, I wish I hadn't, Santander were terrible!
    I didn't blame MSE though, wasn't their fault, it was the banks!!
    But how different is a price comparison site, in the last couple of years there was an outcry they were getting paid by people using the companies they promoted??
    Overall though it's good to be sceptical and not to make assumptions.
    There's a million and one scams out there, do your research before parting with your cash!!
  • SCAM ALERT: Ultimate4Trading / EZtrader / Preditrend / Trading30elode / Start-Up365 / StartUp24ore / StartUpF5

    ultimate4trading.net
    preditrend.com
    trading30elode.com

    Are all identical fake sites in 3 x different languages, all produced by the same team!
    They are all part of a GIANT World-wide scam, on an industrial scale, in the UK, France and Italy so far…………..

    Everything about all three sites and their videos is fake.
    The claims, the stories, testimonials, messages, the actors, even the supposedly independent Start-Up awards and links are bogus!

    EZtrader, the broker behind all this is making millions using a poker machine style, false trading platform interface to burn millions of dollars of client money from those foolish enough to open an account and deposit funds!

    Watch the fake Promo Videos using identical location, scripts, music, editing and production with different actors, in three different languages - below!

    1. English ultimate4trading.net

    2. French preditrend.com

    3. Italian trading30elode.com

    Watch the fraudulent StartUp award videos in English. French and Italian.

    See the Producer "Lisa" cut aways in all 3 x videos. It is identical footage!

    These supposedly 3rd party sites infer the above websites and stories are true, when they are not. They are all part of the same scam.

    4. USA - start-up365.com

    5. Italian - startup24ore.com

    6. French – startupf5.com

    There are no physical office addresses or phone numbers or registered business numbers listed on any of the three websites. There is no way to contact anyone as none of the websites answer any of their support or affiliate emails. The only response from all three sites comes when you register.

    A multi-lingual salesperson from EZtrader will call you within minutes after you register.

    They will claim to be located in central London, when actually they are in Israel!
    When they call, your phone will even show a number with a central London prefix +44 20.

    Register to open an account on all three websites, click the orange trading buttons on the trading demo and find out for yourself.

    The only ‘algorithm’ used is the one driving the EZtrader interface trading platform which is falsely branded with the logo of each website you register from!

    Binary Options are a hoax!

    When you click on to trade, you are not actually trading the underlying currency pairs or options, you are just pressing buttons on a sophisticated poker machine, that slowly burns your account, mathematically. Your supposed “trades” are never placed into any actual or live market. The “algorithm” has been carefully designed to give you a 100% loss of capital when you LOSE and a 72% return when you win. If you play with it long enough, your entire account balance will slowly disappear.

    When you deposit money by credit card or wire funds to EZtrader, it goes 100% into an account in Germany held in the name of WGM Services Limited, the parent company and owner of EZtrader. Your money is lost from the moment you make a deposit! They mix your funds up with a bonus deposit for opening your account. However you can never withdraw this bonus amount and by the time you do try to withdraw, your original deposit will be lost to the poker machine algorithm! There are thousands of stories, complaints and testimonials proving this all over forums on the internet.

    DEPOSIT DETAILS FROM EZTRADER BELOW:

    Company Name: WGM Services Limited
    Bank Name: Wirecard Bank AG
    Bank Address: Einsteinring 35 , 85609 Aschheim, Germany.
    SWIFT: WIREDEMMXXX

    WGM stands for:
    Win Gaming Media.
    Don't play their Game and don't let them Win.


    The companies behind all this are registered and domiciled in Cyprus. However, the actual people behind it all and their IT are located in Israel. Interestingly, one of the only countries you cannot register and open an account from is Israel.

    Stay away, spread the word, complain and report this terrible scam to your local stock market regulator, worldwide!

    Forward this email on and help stop this outrageous and audacious scam.
  • This 100% a scam, do not go anywhere near it...as someone who trades Binary options I have to say that the vast majority of these Auto Traders are outright scams or a best, dubious. Even with the few that may have some credibility you would still need some knowledge of trading to use them effectively. I'm afraid that simply depositing money, clicking a button and hoping to get rich, is nothing but a pipe dream.
  • A brilliant review.

    what we need is people to click on the YouTube links to these...
    • ultimate4trading
    • preditrend
    • trading30elode
    • start-up365
    • startup24ore
    • startupf5
    ...and post comments that state its a S C A M or as a minimum press thre UNLIKE button.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Obvious shill is obvious.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Fake endorsement fixed
    ...company which [STRIKE]helped[/STRIKE] cost me a lot when I started trading with their platform.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
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