FuturesTrade-io is one of those brokers that demonstrates the importance of doing full research into financial services. It promises its clients a 3% return a day. This is impossible and it is always a red flag when a broker guarantees returns. Investing involves uncertainty, particularly with high-risk assets such as forex and cryptocurrency, and to promise returns is dishonest, to say the least.
We Have Found Some Problems with FuturesTrade-io
FuturesTrade-io is a suspected Ponzi scheme. This means that it does no trading but uses client money to fund withdrawals. They provide no contact information, but when we did some research, we discovered that the actual people behind FuturesTrade-io have been charged with fraud in the past. Therefore, it is safe to say that FuturesTrade-io is a no-go. Always research brokers before signing up with them, and you may find out some essential information that can protect you.
Here Are Some FuturesTrade-io Flags:
People behind it have a history of fraud
Suspected Ponzi scheme
What Should You Do If You Have an Account with FuturesTrade-io?
We do not recommend opening an account with FuturesTrade-io. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.