12Trader Forex Broker Review: Trading Offers and Investor Feedback
Review of the Scam Platform 12Trader
12Trader is a fabricated deception that lures clients with fake awards and offshore registration. Despite a stream of negative reviews, the platform continues its operations, offering users an illusion of quick wealth.
The success legend of 12Trader and imaginary halls of fame are bait for naive investors. What entices the scammers from the 12trader.com website? Why do users support the fraudulent scheme without seeing the clear deception? We seek answers to these questions in this review.
Analysis of the Official Portal of 12Trader
Clever scammers have created a false impression about a popular brokerage platform, but finding specifics in this mass of information is challenging. 12Trader spreads tales about its experts and fake awards but does not provide real information.
The website mentions forex courses that never actually existed. 12Trader is just a place of advertisements and promises that carry only hollow sound. All information on the site is aimed at attracting users but does not provide useful materials.
The 12Trader scammers started actively seeking victims among Russian-speaking populations of the CIS recently. Reports of fraud began in late 2019, and the website was launched without proper attention to details. Obvious mistakes and inappropriate English writing contrast with claims of 12Trader’s reliability.
Analysis of Key Facts about 12Trader
A shoddy and low-quality website is only one side of the problem. 12Trader does not provide a compelling legend, and the imaginary awards indicate the start of fraudulent activities in 2015.
Behind the project is the offshore company Safe Side Trading LTD (Address: Suite 305, Grith Corporate Centre Kingstown Saint Vincent 1510), known to many scammers in the internet sphere.
The presumed office of 12Trader is located in the United Kingdom at 1-75 Shelton Street, Covent Garden, London, WC2H9JQ, England. However, this information raises doubts.
The phone number (+442039361313) and email addresses on the site raise questions. According to reviews, 12Trader avoids contact with clients.
Social media pages raise suspicions. For example, the Facebook page has more than 20,000 followers, but the activity is minimal.
Analysis of Trading Conditions of 12Trader
12Trader offers 4 tariff plans with a minimum deposit of 500 USD. Exclusive conditions are promised for larger deposits, but you will learn their details only in conversation with a platform manager.
Users can get leverage up to 1:400, daily signals, educational materials, and a personal credit card. But all the praised conditions are just a scam. Reviews from deceived investors confirm this.
Comments of Deceived Clients of 12Trader
The creators of 12Trader use fake reviews to distort the true picture. However, there are real reviews that expose the platform’s machinations.
12Trader Scam Scheme
12Trader follows the typical scam scheme. The first step is convincing clients of the need for investments. Then consultants persuade to increase the deposit amount for the promised profit. After small successes, clients discover that access to funds is blocked, and the platform disappears.
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Conclusions of Cooperation with 12Trader
12Trader is a disappointment for users who fall victim to dishonest schemes. Negative reviews speak for themselves; paying for mistakes is not worth it. Avoid 12Trader if you want to maintain peace of mind and finances.