Strategic Active Trading Funds

Sue_Mitchell

They are currently offering amazing interest rates, which seem too good to be true - but is it? Does anyone have any experience of investing with them or knowledge about them that would help to make a decision on whether to invest?

OldMusicGuy

Never heard of them but anything that advertises amazing interest rates is likely to be high risk and is best avoided unless you really know what you are doing. This appears to be an Irish company so probably there will be no FSCS compensation cover and all your capital could be at risk.

Just read this thread to find out what happened to people who fell for some "high interest rates" they found via Google searches: https://forums.moneysavingexpert.com/discussion/5346049/london-capital-and-finance

Alexland

Also never heard of them and a quick hunt around on what I can find on Google suggests it's an obscure Irish investment fund. Certainly not found anything to give me any confidence in them.

Stick to mainstream products and even then consider very carefully. People that go off the path frequently suffer total loss.

Alex

masonic

Sue_Mitchell wrote: »

offering amazing interest rates, which seem too good to be true - but is it?

The question never needs to be asked. It is always yes. "Amazing interest rates" do not exist in recent times, not without a high degree of risk.

AnotherJoe

Strategic Active Trading Funds Public Limited Company was set up on Thursday the 5th of November 2009. Their current partial address is Dublin 2, and the company status is Normal. The company's current directors have been the director of 138 other Irish companies between them; 71 of which are now closed. This Irish company shares its Eircode with at least 182 other companies.

Run. Run like the wind

Malthusian

How did you come across them? Strategic Active Trading Funds plc appears to be a legitimate umbrella company for some ex-UK funds run by Aberdeen. However it does not appear to have an online presence itself.

If you were contacted by someone claiming to be from "Strategic Active Trading Funds" it is probably a clone firm scam - a scammer pretending to be from a well-known company that will appear legitimate when you Google them.

Alexland

Malthusian wrote: »

If you were contacted by someone claiming to be from "Strategic Active Trading Funds" it is probably a clone firm scam - a scammer pretending to be from a well-known company that will appear legitimate when you Google them.

If so the scammer could have chosen a better identity to clone!

Alex

DrSyn

I found this:

https://www.scamadviser.com/check-website/strategicactivetradingfunds.com

They say at the end

Notes:-
Alert Result The owner of the website is using a service to hide their identity

Alert Result This website is 88 Days old

Alert Result The website appears to be less than six months old


Also it appears this website's location is Iceland and not Ireland.

Alexland

Yeah a whois suggests that domain was first registered 29th October 18 and it details classic 'asset backed' opportunities..... Avoid