S.A.M. TRADE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://secure.samtradefx.com/register/live, about the company's legal and temporary regulatory information, the company's address .
Layman
Hong Kong
samtrade gives no access to withdrawal and has a lot of excuses.
Exposure
2020-09-25
神马都是浮云20419
Hong Kong
Unable to withdraw. Fraud platform. I was cheated. [d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02][d83d][de02]
Exposure
2020-10-11
王伟6704
New Zealand
I must say that without wikifx it will be very hard for me to identify scam forex brokers... all the regulation licenses of this company are invalid, and many people have fallen victims to its scams!
Positive
2023-02-16
FX1189735978
New Zealand
I was shocked, all regulatory licenses of this company have been invalidated, and dozens of people have been scammed! Hope they get their money back soon.
37130
2022-12-20
Yi Shuang
Malaysia
From what happened on January 3rd until now, the broker did not explain whether the trader's funds are safe, how long to investigate, when can the funds be withdrawn, 1 year? permanent? Until the mt4 platform terminates the cooperation, it will be more difficult to withdraw funds or even transfer internally. I only need to get back my principal of 3000 US dollars. I have $3,000 in funds, but it tells me that I don't have any funds and I can't withdraw.
Exposure
2022-02-10

Exposure S.A.M. Trade Under Scrutiny: Withdrawal Denials, Questionable Spreads & Complaints from Traders
Did you find MT4 platform glitches while trading via S.A.M. Trade? Did these glitches disallow you from withdrawing your funds or making an internal transfer? Finding profit on the S.A.M. Trade login, but cannot access it for weeks? Did you fail to withdraw because the authorities found the broker suspicious during their investigation? Have you faced increased trading costs due to manipulated spreads? Many traders have expressed similar concerns while sharing the broker’s review online. In this article, we have decoded S.A.M. Trade reviews. Take a look!

News WIKIFX REPORT: Three Arrested as Samtrade FX Suspends Operations
Singapore’s authorities have come down hard on broker Samtrade FX with all trading services being suspended and three so far unnamed people with links to the firm arrested. The Monetary Authority of Singapore (MAS) and Singapore Police acted after the broker’s name appeared on the Investor Alert List that the regulator operates. The investigation, which started on 28th December, has already taken positive action.

News WIKIFX REPORT: Forex Broker News: Samtrade FX Hires Richard Dyason to Drive Asia-Pacific Growth
Global trading broker Samtrade FX has appointed Richard Christopher Dyason as the group’s Chief Strategy Officer (CSO).

News WIKIFX REPORT: Samtrade FX Issues FAQ Regarding Concerned Clients Questions about Deposits, Withdraw
On January 4, Fazzaco reported that the Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) launched a joint investigation into online trading platform, Samtrade FX run by Samtrade FX Limited, a company registered in St Vincent and the Grenadines and into its related Singapore entities Samtrade FX LLP and Samtrade FX (SG) Pte LtdSamtrade FX operates on the website https://www.samtradefx.com on 28 December 2021. Samtrade FX Limited and its related entities are not licensed by MAS, and have been placed on MAS' Investor Alert List since July 2021.

News WIKIFX REPORT: Samtrade FX Boosts Management Team with Appointment of Financial Services Veteran
Global trading broker Samtrade FX Ltd. ("Samtrade FX"), and together with its subsidiaries (the "Group"), has announced that Mr. Richard Christopher Dyason has been appointed as the Group's Chief Strategy Officer ("CSO").

News WikiFX Review: Can S.A.M. TRADE make your money safe?
Can you withdraw money from S.A.M. TRADE? Is S.A.M. TRADE legal in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.

News THE CBN'S RT200 FX POLICY WOULD RESHAPE EXPORTERS' MINDSETS AND ADD VALUE TO THEIR COMMODITIES
Let us now turn our attention to the first item of discussion for today: the central bank of Nigeria formally announced the commencement of the RT200 FX program in an effort to gain 200 billion dollars in FX repute over the following three to five years. The Rt200 forex program is based on the background value of increasing export facilities, non-oil commodity expansion facilities, and by on or non-all export summits. This strategy is projected to boost and weaken the supply side of the foreign exchange market, which is more important and influential than demand management involvement in the foreign exchange market.

News WikiFX report: Samtrade FX Suspended By Singapore Authority, Indonesian Investors Fate Hopes Are Anx
Samtrade FX has become a household name among investors. The reason for this is that the Singapore Monetary Authority has halted the brokerage firm (MAS). Because Samtrade FX apparently does not have an official license and has not been validated, MAS made the decision. Investors are now concerned that they may be unable to make deposits or withdraw funds as a result of the ban.

News WikiFX report: Financial Commission Announces Samtrade FX Membership Withdrawn
Up until March 10th, 2022, Samtrade FX was a member of the Financial Commission, but its membership was effectively revoked.

News WikiFX report: Online trading platform Samtrade FX under probe by police, MAS; 3 arrested
Samtrade FX, an online trading platform based in the United Kingdom, is being investigated for possible irregular trading operations on its platform.
Jacynth Yap
Malaysia
Verified account took more than 1 week and still can’t get it done. No news and no update. Customer service also can’t help.
Exposure
2020-09-07