Shocking experience with T4trade.
After seeing an advert, I deposited £250 with T4trade on 01/04/2026. Within 2 weeks my investment showed a paper profit of over £40, my total balance going up to about £290.00. During that time I received constant calls from so called “account manager” who gave his name as James. Each of these calls were to pressure me to invest more funds. From the outset I was asked the question “how much liquid fund have you got to invest”. I found this question be very strange. When I made it very clear to James that I was just testing the water with my initial investment of £250.00 and that I need more time to decide whether or not to deposit further funds. When he heard he lost interest and stopped trading with my funds. He did this without asking me. When I saw that there was no movements in the balance, I contacted him and he was very rude and seemed not interested. He passed my account to another “account manager” who was no different but simply interested in pressuring me to deposit more funds. I informed the second “account manager” to restart trading with my funds. Within 2 weeks my balance showed £501.02. I decided to withdraw £200 from my original deposit which took long time but successful. Once I withdrew the £200, my balance suddenly started plummeting to the point it reached a negative figure from £501.02. All of a sudden their explanation was the trading incurred losses and I lost the balance of £50.00 from my original deposit and all the “paper profit of £501.02. It is now showing £0.59. £500 simply vanished. Using common sense, it is clear the games this company plays. I made a formal complaint which was initially ignored but subsequently they responded stating that they will give me with £100 which cannot be withdrawn. What’s the point?. In my opinion this company not legitimate and my above experience explains everything. I found that this company had taken advantage of innocent and vulnerable people. When I did some research on the company, it revealed that it is an offshore company registered in the Seychelles, deposits/client funds processed by a third party in Cyprus but they claimed that their office is in London. It is not regulated here in the U.K. All sounds and appears very dodgy. I have audit trail of evidence to prove what I am saying . I am willing to share it with interested parties who will look into this company. My T4trade account number is 26146774. I am shocked as to why the FCA in the U.K. does not investigate the company. When I read reviews I saw a number of people have experienced exactly what I did. Regulatory authorities in the Seychelles, Cyprus and U.K. please intervene to safeguard innocent/vulnerable people. BBC watchdog and other media need to get involved to expose this company. T4trade is only after your money. It will make you think that your investment is doing extremely well. That is just a trap to encourage you to deposit more and more. You will find that all of a sudden your funds will simply vanish into the thin air and they will say you made a loss. They will not let you withdraw any “ paper profits”. I am led to believe that the FCA in the U.K. had given T4trade warnings and it not authorised to operate in the U.K. When is the FCA going to close them down?. As it is operating here in the U.K., surely there must be something that the FCA can do to stop them scamming U.K. residents.