Scammed by Tradeatf

By Ntombizanele Theodora Qomisa, from South Africa, January 21, 2021 at 06:08 AM

I was scammed by a broker he called is a manager at Tradeatf company.i invested a sum of R3500 plus R5000 so he told me the money is in my account but he keep on asking my money every time. I was suspicious about that . He can’t give me back my money instead . Please help me to get back my money .

  • Scammed By Tradeatf
Answer: Hi Ntombizanele Theodora Qomisa,

TradeATF is a Forex and CFDs broker. The company that owns the broker, Hoch Capital Ltd, used to be licensed by CySEC, but the license was suspended and is no longer valid.

The broker is registered in Belize, popular offshore zone. You can check our article about Why Avoid IFSC Brokers from Belize. Since the broker is no longer properly regulated, it is not obliged to international rules and protecting traders money.

Unfortunately, in such cases it is almost impossible to get the money back, since there is no legal support for the traders and no guarantees. Try withdrawing smaller amounts from your account. You can also report about this issues to your local financial authority.



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