• Eftrades

Eftrades

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Overview

Eftrades.com has a rating of 1.9 stars from 33 reviews, indicating that most customers are generally dissatisfied with their purchases. Eftrades.com ranks 423rd among Currency Trading sites.

  • Service
    18
  • Value
    18
  • Quality
    18
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
4
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How would you rate Eftrades?
Top Positive Review

“Would highly recommend to all motivated individuals”

Shirley M.
6/23/22

Really smooth experience so far, I've definitely found something that aligns with the way I like to trade. In my opinion, great team, great community, awesome features and tools in one place. Worth every penny! Would highly recommend to all motivated individuals

Top Critical Review

“READ AND REPORT THEM”

Vickerson M.
5/9/24

I fell into their trap after i followed a facebook ads with hope of making extra money with my savings, These company lure people in with fasle promises they will show you profit right from the initial deposit tricking you to deposit more money and you think you are doing well. Very quick and easy deposit to buy crypto but when its withdrawal there is always troubles due to maintenance or another stupid reasons. They requested fees to free my coin but after payment i was ignored again. Fortunately for me i came across the right team and with their support my case was resolved. It was a great joy for me when i got my money back from eftrades, it was a very straightforward process and i am willing to share more information about the procedure. My email is on my profile reach out to me and i can guide you in any way i can.

Reviews (33)

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Thumbnail of user dan.1
1 review
3 helpful votes
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June 22nd, 2022

It's been an amazing journey of learning and earning with EFtrades. Their Resources section is very informative and teaches how to be a successful trader. Every day I learn something new about the strategy, market, etc. I can only thank you team for the content, features and your friendly customer service. Thank you

Tip for consumers:
go through the website FAQ

Thumbnail of user myronk34
0 reviews
3 helpful votes
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June 24th, 2022

Hello... I'm new to this and have found the company has no limits on helping me get on board. Its amazing how helpful they have been.
Best regards
Myron K

Thumbnail of user valeriet321
1 review
9 helpful votes
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August 3rd, 2022

Big fraud. They took my money 329.17$, told me the market was bad so that I lost my money (therefore could not refund me) and then asked me for more money! Real fraud! Will not do that again!

Thumbnail of user yanikl1
1 review
4 helpful votes
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November 10th, 2022

Those guys are absolute crook guys. They dont respect thir words they speak fast and promisse you heaven and when its time to redraw you will have hell of a time to pull back your investment. Scam

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Thumbnail of user ce171
1 review
2 helpful votes
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January 1st, 2023

Eftrades is a scam I invested and lost a bunch and when I decided to cash out they would not pay me out. Still have not andbit was end of December 2022.

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Thumbnail of user mustafak63
1 review
4 helpful votes
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January 13th, 2023

Like Louise Rooney (https://ca.trustpilot.com/review/eftrades.com), I was told I had a profit of $35,700 USD
I was told I had a profit of ******* USD Then agent Tom Jensen asked me if I want to transfer the full amount bank might ask me how I get that money and if I said about trading they charge me 25% of tax OR I was asked to pay 13% of tax in Canadian amount and I will get certificate of tax paid. But when I go to my account it was nothing mentioned about this profit. Then Tom Jensen asked me pay tax by ANYDESK app. I have refused to pay 13% of tax to them and agreed with 25% tax to bank when money will arrive to my account. Now they said they fortified my account. I've feeling that I was going to be scammed.
Now Tom is saying "I have offered you what I could but now there is nothing to talk about I am not doing business with clients that are acting like kids and hiding behind the phone and not answering."

Good Luck Tom. If money could come so easily from efTrade then my $250 would be $******* by this time instead of 0.34

Thank you Rooney for sharing your situation. You saved me from being scammed

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Thumbnail of user henrys832
1 review
0 helpful votes
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March 17th, 2023

CFO, Tom is like my guardian Angel.
Helped me with the whole process where i was very skeptical in the begining but just have 645k in my account yesterday and i can laugh about my doubts now :)
THANKKKKKK YOU TOM AND EFTRADES, I AM SPEECHLESS

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Thumbnail of user zibutej1
4 reviews
4 helpful votes
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February 2nd, 2023

Well i had an account and in the beginning my account was doing poorly - but in the new year once i was more familiar and market was going up -- i made 10X the amount of money i invested.

Once i mentioned that i wanted to withdraw 10% of the funds is when something did not sit right. The broker immediately convinced me to make more trades -- all of which went into the negative for hundreds of thousands. If you added up my profits and took away the negative trades - i would be owing the company at least $200K.

They wanted me to withdraw all the funds because they said it was profit (do i look stupid?) and they cannot just give you partial - you withdraw all of it then you can put it back for more trading.

#1 they told me i have to pay swiss taxes to unlock my account of $63K
#2 They would not let me take out 10% and pay taxes on the 10% (all or nothing)
#3 They could not provide a legitimate proof of corporate registration in Switzerland (anyone can say they operate from anywhere)
#4 Tom Jensen was the Finance person i talked to - at one point was dealing with Dominic (both of these people written up in other negative reviews)
#5 When i told him i did not have the tax funds - for him to take it out of my account. He said my account was locked and he could not do that
#6 Then he suggested i borrow from family and friends to get back my $500K of profits -- when the trades were in the negative for $750K (did not make sense)
#7 i could not find anything online that indicated ANYONE was able to withdraw funds from EFTrades
#8 Swiss tax site says that NO TAXES are required for individual traders

I know that if i pay the supposed taxes - i will never see my funds and they will close the account.

What i don't understand is that apparently this is a legit broker -- but maybe inside this legit brokerage there are scammers. If a company cannot provide proof of registration -- do not let you speak to any management - tell you that the lawyers speak to govt - then tell you that you cannot talk to lawyers...there is something fishy!

If anyone has been successful in retrieving their funds - let me know

Tip for consumers:
STAY AWAY - not sure reaching the real EFTrades

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