Search

Imperial Trade Forex Broker provides real users with * positive reviews, * neutral reviews and 4 exposure review!

Imperial Trade Broker Review

1.25

WikiFX monitor

Business

Influence E

License

No license

Imperial Trade Review 4

Latest All(4) Exposure(4)
Exposure
Has anyone been scammed by "Imperial Trade"?

I invested with them and I cannot withdraw the money.

AdrianaDE
2024-10-22
Exposure
I WAS SCAMMED BY THESE CYBER CRIMINALS

I bought shares of Club América directly from THE OFFICIAL WEBSITE OF CLUB AMÉRICA DE MÉXICO; and there I saw an advertisement that would put me in contact with the person who would help me acquire those shares. The next day, a supposed representative named GABRIEL ECHEGARAY, representative of the Broker IMPERIAL TRADE, contacted me and supported me in buying the shares I wanted. In addition to helping me buy the club's shares, they offered me the service of investing in FOREX through an app called META TRADER 4, which interested me and I agreed to invest in everything they suggested I invest in. It was only when I wanted to withdraw some of my profits that they started asking me for money to withdraw my earnings, claiming taxes, commissions, and other expenses that they made up. They were very insistent and never returned my money. Currently, my account is still active in MetaTrader 4 with the Broker HorizonFxPro.

Ricardo Zapata
2024-09-17
Exposure
they won't let me withdraw my money

they offered me credits and convinced me to ask for loans to liquidate them, they told me to make my account grow but when it was time to withdraw, knowing that I had no more money, they forced me to liquidate the commission to get all my money out, they threatened to sue me, they threatened me saying that my money could stay in the bag and I could lose everything, they communicate me according to different personnel from different areas, but I suspect they are the same person, and the only help they give you is that they say they give you more time, they took me to total bankruptcy in addition to a debt of 400,000 pesos, I have not eaten for 3 days and they only preach.

neto5735
2024-07-03
Exposure
I cannot withdraw my money from the Trading Platform

I have been working with them for about 3 months and everything seemed good, we operated daily and the working relationship was correct. But since last week (March 4, 2024) when I wanted to make a withdrawal of about 1000 USD, everything got complicated, they mentioned that before doing so I had to make the commission payment (which I did know had to be done and I would do it). did properly) and later they stopped answering my calls and messages and of course, they kept all the capital I invested. I have a history of operations, contracts, account numbers to which I made transfers, telephone numbers, and access to my account on the MetaQuotes platform 4 (where I have my money). If other evidence is needed, I will gladly share it. I would like help to withdraw my money there please, I hope I can find a solution to this fraud :(The Annex captures the transfers, broker server, payment tokens, and the section where the amount I have is reflected.

arseur
2024-03-13

  

Imperial Trade 2025 Review: Everything You Need to Know

  Summary: The overall sentiment regarding Imperial Trade is overwhelmingly negative, with numerous reports indicating it operates as a fraudulent broker. Users have expressed significant concerns over withdrawal difficulties and lack of regulatory oversight, which raises alarms about its legitimacy and trustworthiness.

  Note: It is important to recognize that there are multiple entities operating under similar names across different regions, which may contribute to confusion. The approach taken in this review aims for fairness and accuracy by synthesizing a variety of sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 1

  We rate brokers based on user feedback, regulatory status, and overall market reputation.

  

Broker Overview

  Imperial Trade, purportedly established in 2023, operates as an online trading platform that offers various financial instruments, including forex and cryptocurrencies. The broker claims to utilize popular trading platforms like MetaTrader 4 (MT4) for its operations. However, it lacks any regulatory oversight from recognized financial authorities, which is a significant red flag for potential investors. The absence of a physical address and contact details further adds to the skepticism surrounding its legitimacy.

  

Detailed Breakdown

  •   Regulated Geographic Areas: Imperial Trade is unregulated and has been flagged by several consumer protection agencies, including the Comisión Nacional del Mercado de Valores (CNMV) in Spain, indicating it is not authorized to operate in key markets.

  •   Deposit/Withdrawal Currencies/Cryptocurrencies: The platform appears to support various currencies for deposits and withdrawals, but specific details are scarce due to the lack of transparency.

  •   Minimum Deposit: Reports suggest a minimum deposit requirement of around $200, which is relatively standard but raises concerns given the broker's overall reputation.

  •   Bonuses/Promotions: There are no clear details on bonuses or promotions, but many users have reported aggressive tactics to entice additional deposits, which is typically indicative of a scam.

  •   Available Asset Classes: Users can reportedly trade forex, commodities, and cryptocurrencies, but the quality and reliability of these offerings are questionable.

  •   Costs (Spreads, Fees, Commissions): Specific information on spreads and fees is not readily available, but many users have reported hidden charges and high withdrawal fees, which are common practices among fraudulent brokers.

  •   Leverage: The broker appears to offer high leverage options, which can be appealing but also increases risk, especially with an unregulated entity.

  •   Allowed Trading Platforms: Imperial Trade primarily uses MT4, a well-known trading platform, but concerns about the integrity of the trading environment have been raised.

  •   Restricted Regions: The broker does not specify restricted regions, but given its unregulated status, it is advisable to avoid trading with them altogether.

  •   Available Customer Service Languages: There is little information on customer service language support, but many users have reported poor communication and lack of support when issues arise.

      

  

Repeat Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 1

  

Detailed Analysis of Ratings

  •   Account Conditions (2/10): Many users have reported that while the initial setup may seem straightforward, the reality is marred by hidden fees and difficulties in accessing funds. According to various reviews, users have struggled to withdraw their money, often encountering excuses and delays from the broker.

  •   Tools and Resources (3/10): Imperial Trade claims to offer educational resources and trading tools, but the effectiveness and reliability of these tools are highly questionable. Users have noted that the promised resources often do not translate into actionable insights.

  •   Customer Service and Support (1/10): The customer service experience has been described as abysmal, with many users reporting that their inquiries go unanswered. According to a user on WikiBit, "I cannot withdraw my money from the trading platform," highlighting the frustration faced by many.

  •   Trading Setup (Experience) (2/10): The trading experience on the platform has been criticized for being unstable and untrustworthy. Users report that the trading environment lacks transparency, which is crucial for making informed trading decisions.

  •   Trustworthiness (1/10): With no regulatory oversight and numerous complaints about withdrawal issues, Imperial Trade's trustworthiness is severely compromised. Many users have labeled it a scam, warning others to steer clear.

  •   User Experience (1/10): The overall user experience is heavily negative, with reports of lost funds and inadequate support. One user lamented, "They wont let me withdraw my money," which encapsulates the sentiments of many who have engaged with Imperial Trade.

  •   In conclusion, the Imperial Trade review indicates a high level of risk associated with this broker. Potential investors should exercise extreme caution and consider alternative, regulated brokers with established reputations.