Check out our eTrades800 review thoroughly to discover the reasons we do NOT endorse this company for trading. In order to clarify doubts, this review is an etrades800.com review.
They are who they are.
If you take a look on their website, you will see that they don’t fall under any regulatory agency. That is a MAJOR RED FLAG!! This should be enough warning for you to avoid investing with these companies. They also collaborate with sites that provide “Automated trading software” which is a red flag since these kinds of sites are notoriously known for their fraudulent schemes.
This is a typical forex broker that is not regulated that means that the clients aren’t protected and it is extremely likely that they’ll get away with your hard-earned money and there is no regulatory body to hold them accountable.
What is the process?
The majority of forex brokers that are not regulated work in the following manner. They’ll call customers to convince them to make the initial deposit of minimum amount and will try every possible way to get it done. They’ll make promises that seem too appealing to be real such as we’ll increase your deposit by a third or that you can earn $100 per day with ease. Don’t believe anything they promise! It is a SCAM! After your initial deposits, customers are transferred to a more sophisticated fraudster, referred to as”retention agent “retention agent”, who is trying to extract more money from you.
Funds to withdraw
It is important to make an application for withdrawal ASAP as your funds will never be secure when you use a broker that is not regulated. This is where things can get a little complicated.
If you are planning to withdraw your cash and it doesn’t matter whether you’re making money or not, they’ll delay the process of withdrawing for a period of time. If they hold it off for six months, you will not be able to make charges anymore and your funds will be gone for good. It doesn’t matter how many times you call them to remind them or insist on withdrawing your funds, you will never get it back. If you have agreed to sign an agreement known as the Managed Account Agreement or MAA which basically allows them to do whatever they like with your account, they’ll be able to take all your money and there will be nothing to ask for.
How can you return your money?
If you’ve already put your money with them but they won’t give you the money to you, as is likely, you don’t fret you may have an option to recover your money.
In the first place, you have to save the emails to prove that you’ve requested the refund from them but they refuse to give it back to you or hold up the process for too long with the intention to not pay back the money.
One of the first things you need to take is to perform the chargeback! It is best to do it as soon as possible! Contact your credit or bank provider and tell them how you were cheated into making deposits with a trading firm which isn’t licensed and refuses to pay the money. This is the easiest method to get your money back and it is also the method that they suffer the most. Because if they have a large number of chargebacks made, it can end their relationship with the companies that provide payment services. If you’ve never attempted this before, or you’re not sure where to begin or how you can present your case to your credit or bank company, we are able to assist you in preparing your chargeback. Just contact us at but do not let your broker know they you read this article or that you are in contact with us.
What are the wires?
If you have sent them an electronic wire, there’s no way to do chargebacks against wires. To do this, you’ll need raise the issue to a higher degree. Inform them that you’ll take the matter to the authorities and lodge a complaint. It will cause them to reconsider the possibility of refund. Another option is to write an email for the agencies that regulate. In the case of the country in which you live, use Google to locate the regulatory agency that regulates Forex brokers within that country. Then, you can write an email or letter in which you describe the deceit you received by them. You must present this email or letter to them, and inform that you’ll send it to the agency that regulates you should they refuse to reimburse your money. If you do not know where to start, reach for us at and we will help you with this step as well.
Review eTrades800 on other sites. on other websites
Another method of hurting them and protect others from becoming victimized is to leave negative reviews on other websites, and write down the details of what happened. If you’ve been a victim, please write a review and leave your feedback on this site on the comment section. Additionally, when these individuals modify their websites, they are more likely to contact their old customers and if they contact you on a different website, be sure to note the number in the comment section or let us know by emailing us. It would be appreciated by families and friends around the world. If you also receive calls from companies other than yours, Please mention the names of the company in your comment or email your information to us. We will also expose them.
eTrades800 Review Conclusions
Conducting the eTrades800 review has been our pleasure and we’d like to prevent the maximum number of people from losing their hard-earned money. The best advice is to take a careful look at every one of the Forex firms, or any other business before you make any purchase. Hope that the review of eTrades800 was useful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at
If you’re interested in trading make sure you do so by using a reputable, licensed broker by selecting any of these brokers below.
