|Address :||Suite 305, 1510 St. Vincent & the Grenadines|
Let’s talk about 12Trader.com
ScamOnline to conduct an investigation following several complaints by mail of people scammed by 12Trader. We will show you why it’s risky to deposit your money at this broker.
Who is the owner ?
Safe Side Trading LTD is the owner of 12Trader. The company is based in Saint Vincent and the Grenadines, a country known for its many offshore brokers. First indication, the domain name was created in 2015 but their copiright indicates 2013 is a small detail but it’s important.
Customers can’t withdraw their money
This is most of the emails we received about 12Trader. It’s impossible to withdraw your money once your deposit has been made. The amounts range from $250 to over $10,000.
Regulated or not ?
12Trader has no official European license. It’s forbidden for a broker to offer trading without regular licenses from the country or to offer you your services. Unfortunately this broker offers trading in Europe and has already made several victims. We are surprised that he hasn’t yet received a warning from the FCA, CNMV or CONSOB. Your money isn’t safe with a broker that isn’t a regulated broker.
Our conclusion about 12Trader
We can conclude that 12Trader is an offshore broker that doesn’t have any regulated licenses. If you don’t want to be scammed, don’t invest your money at this broker.
Scammed by 12Trader ? You can recover your money now.
12Trader Scammed you more than $3000 ? ScamOnline puts you in touch with MyChargeBack a company that specializes in money recovery procedure. They managed more than 10,000 files and already recovered several million that were returned to their owners. They work with more than 750 banks and know all the procedures to do according to your case. The consultation is free and doesn’t commit you to anything.
Leave us a comment if you have an experience with this broker. We receive threats from many fraudulent brokers but nothing will stop us to help you.