Trade4.me Scam Test

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Scammers ( EZTRADER + ultimate4trading )

Lord Flasheart

Legendary member

showmethedough

Newbie

Hello Everyone,
Has anyone had dealings with Binaryoptions trading through EZtrader? If so, how do you rate them?

Leopdspots

Newbie

I read an article on Yahoo.com News yesterday, which directed me to watch a video about an award given to Ultimate4Trading.net a falry new British company.

They claim to have had great success with their own trading algorithm, and set up a platform for the public to share in its use FOR FREE!

The broker is EZTrader, who are known to be fraudsters. Like many brokers they have changing policy over how much can be withdraw, when and at what cost. should you have anything of your account to withdraw.

I tried the demo account of Ultimate4Trading, and searched for reviews, only to find many sites all created by themselves, and likely the award winning claim..

Of course on the demo account you will will oh so many of the trades, (60 second bets and binaries) are winning at rates higher than 3 out of 4, and be offered a bonus to set up an real account and so forth in no time.

It is too good to be true, so steer well clear. I hope this post enables anyone searching for bad reviews to find something on the Internet about Ultimate4Trading.net before it is too late for them.

For evidence and some sad old stores about both U4T and EZtrader.com they can be found here:

Pat494

Legendary member

I hope you are wrong about ETZ and Ultimate as I have recently put money there. I put in £300 and they have given me an extra £160.
They require a pic of one’s credit card etc. but with the relevant numbers covered. My first effort they rejected.as inadequate. Hope they accept my second effort.

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    The Best Binary Options Broker 2020!
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    Free Demo Account!
    Free Trading Education!

  • Binomo
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    Good choice for experienced traders!

As you can see my demo trades last Friday were excellent. I went from a demo deposit of £500 to £7,600 in a day.

posts 1039, 1042 and 1044.

Could be the haters and rivals are trying to diss them ?

Pat494

Legendary member

Well serves me right I suppose. Having lost £120 I applied for a withdrawal but it was only possible to withdraw £180. That is the bonus of £150 stays with them. The indicator I used was the same as the one I made 14.5 times my initial demo account but of course strangely doesn’t work very well on a real account.

gunner82

Newbie

Well serves me right I suppose. Having lost £120 I applied for a withdrawal but it was only possible to withdraw £180. That is the bonus of £150 stays with them. The indicator I used was the same as the one I made 14.5 times my initial demo account but of course strangely doesn’t work very well on a real account.

This site is not a scam but from the numerous reviews I have read it is best to steer clear. They do not give your money back straight away. I lost £200 unwittingly and I am trying to find out if they can permanently delete my account (not holding my breath here).

Empiricist

Junior member

Ultimate4Trading is a total SCAM so is EZTrader. BEWARE!!

I first found out about Ultimate4Trading via a an online pop up advert. As an experienced CFD, Equities and Options trader, I was of course very skeptical. So as to be open minded, I decided to investigate the whole thing very thoroughly.
This is what I found.

I clicked through all the Ultimate4Trading marketing videos and saw several clean cut, post university kids being apparently genuine & even philantropic about their so called “algorithm”. It all looked to simple and too easy. See video link below:

I then clicked through and easily opened an account with Ultimate4Trading. AND that is where the fairytale ended!

Within minutes, I received a call from a sales person at EZTrader, supposedly in London. For some unfathomable reason, Ultimate4Trading have decided to link their “algorithm” with a so called “regulated’ dodgy broker that is domiciled in Cyprus?
WGM Services, the parent company of EZtrader has had numerous serious fines (EURO 340,000+) imposed on them by the Cyprus regulator recently and has also had their license revoked (see links below).

There is so much bad press and commentary about EZTrader, it is little wonder they are registered in Cyprus!
Market Maker / Bucket Shops like EZTrader would not see the light of day in a decently regulated city like Singapore, London, New York or Sydney.

After numerous emails and phone calls from EZtrader, I had the following confirmed to me (meanwhile they kept increasing their bonus offer from Euro 750 to Euro 1,000 for me to open and fund an account with them),

1. Client Funds (your money) are not held in segregated client accounts in the clients name.
2. All deposited funds are held in a pooled account in the brokers name, in Germany!
3. EZTrader make it almost impossible to withdraw your funds at any time after you deposit as they mix bonuses with your funds, which you cannot withdraw.

If the parent company WGM Services or EZTrader are shut down or go under for any reason, or simply decide to close, it is KYMG! KISS YOUR MONEY GOODBYE! Try complaining to a regulator in Cyprus about a company operating in London, with their IT backbone in Israel, about your money in their name in some German bank account. Mien Got!

While the founders of Ultimate4Trading seem honest and well intentioned, their choice of broker and trading instrument says otherwise.

The so called Ultimate4Trading “Algorithm” only works for Binary Options trading in a short time frame. The fact of the matter is that Binary options are never traded, placed or executed into a real market or exchange. Brokers like EZTrader always take the other side of your trade. Binary Options trades are fictitious. They are made up by the broker. Whether you win or lose is purely up to the broker, just like a poker / slot machine. The only “algorithm ” involved, is the program that runs the fake trading platform. For those that are skeptical regarding this point, you will note that there are no quoted BID or OFFER prices, no option strike prices and no execution or fill prices. This is because your are 100% trading against the broker all the time! Mysteriously, every single trade (and I tested 100’s) either results in a 100% LOSS or a 72% WIN or occasionally a TIE. If any of these trades were actually placed into a real market or options exchange such fixed results would be impossible. And they are.

EZTrader do not charge fees or commissions per trade. Instead they make a fortune from all the losses on your account, which is already held in their name. This is a classic churn and burn scam. Heres why. of the 100 trades I tested, 56% resulted in a WIN with a fixed 72% return per trade. 41% resulted in a LOSE with a fixed 100% loss of all capital per trade. 3% resulted in a TIE with a zero outcome. Lots of CHURN and a very slow, long and painful BURN!

Just like a Poker or Slot machine, if you keep plugging away, you will eventually lose all your money. As the fixed LOSS of 100% per losing trade always exceeds the fixed profit of 72% per winning trade. The planning and psychology behind this system is mind boggling. The slick hyper honest marketing sucks you in, the platform gets you hooked and EZTrader makes it almost impossible to withdraw your funds whether you are in profit or loss. And when you do lose all your funds, they then incentivise you to lose even more money with further bonus incentives. Now that is what I call an “algorithm”.

It would be very interesting to hear what the four founders of Ultimate4Trading (Abbey Walker-Jones, Matty Voss, John Cross and Ash Patel) would have to say about all this. However, it is impossible to contact them. There are no phone numbers on their website and they never answer any messages sent to any of their listed email addresses. Perhaps then we could find out how much commission EZTrader pays them from their clients losses? Is there an “algorithm” for that?

Opportunity or Scam: My Passive Trades honest review

(See my top list of recommended investment platforms, click here .)

(Join the conversation on Facebook)

New Updates: My Passive Trades (MPT) is getting better y’all. To ensure its long-term sustainability, MPT has restructured its program due to the damage Coronavirus pandemic has done to the global market.

For Old members click here to understand MPT’s new structure

For New members just getting started, click here

Before you begin, you might also want to read below to understand the reasons why I support MPT but skip the getting started section

Quick review: Mypassivetrades is stable and sustainable. Click here — mypassivetrades.com to start (Read detailed review below before you begin anything )

(See my other recommended platform set to be the biggest passive income platform in 2020. Click here .

Detailed review and 4 easy steps to get started

If you know anything about me then you know I’m strongly committed to exposing trading scams and I’m yet to swear allegiance to any platform out there. Perhaps you are even familiar with my big list of crypto, forex scam sites here and here. So committed am I that I’ll even deliberately (stupidly?…lol) lose my hard earned money just to test a platform. Remember that time I lost $300 just to test the Kate Looney sureforextradescam? See here. I’ll do it again just to write a firsthand review that helps even one person. And yes, I’ve helped a few.

When it comes to all these trading sites, one of the first things that stands out for me is — ‘when was the platform started?’. If you want to set off my spidey senses, introduce me to a platform that’s barely 3–4 months old. All I see is scam written in Red Arial Black fonts

So when mypassivetrades.com trade started, I’ll admit I called BS right away. In the face of the onslaught of crypto scams around, my go to line has become ‘guilty until proven innocent’. At this point mypassivetrades.com just registered as another scam on my radar.

But nearly 2 years on and they are still here. So I felt it was worth checking out so I did. Which leads me to the next subject — Accountability.

When it comes to platforms like this, if it’s faceless I’m not interested. I need someone that can be held accountable if things ever go south. Even if they can’t be legally sued, at least their faces are out there, and they get to feel the full wrath of the general public. My method worked well for me so far at least. As popular as MMM was, I couldn’t get past the fact that Sergei Mavrodi its founder was a convicted financial criminal. So when others (fueled by greed) jumped on board the MMM train, I fled. What about GBP (Global Bot Pay). There was always something fishy about its facelessness and boy was I right. Now many months later many still have thousands of dollars locked in the system with no one to hold accountable. There are more examples but you get the idea.

Accountability is important.

mypassivetrades.com has a face and a name — that of its founder Darren. Even before I started digging trying to find dirt on him, the fact that I could hold someone responsible was a good first impression.

Which is what I ask you to do by registering with my link below.

Doing so makes me committed to you so that it’s my responsibility to be your eyes and ears to make sure if I so much as smell something close to fishy a million miles away, I’m letting you know and pulling you out. So register now with confidence with link below.

The minimum amount is $5. (But you know how it goes — ‘Invest BIG, then you Profit BIGGER)

Okay I digress. Let’s get back to what I found out about Darren.

His full name is Darren Bradburry (also Darren Riviera). Darren Bradbury is one of the owners of Polaris Universal which is the company that owns My Passive Trades. Over the years he has also been associated with companies like Power House Feeder, My 24 Hour Income, GiftoBit, Stiforp etc. Recently he has also dabbled into cryptocurrency with the introduction of Chatabox.

So yeah he’s got skin in the game.

Long story short, just watch this interview of him on YouTube here

On January 25, 2020, Polaris Universal LTD was incorporated in the United Kingdom with company officers including Ahmed Nabil El Amrani, Lidija Ikasovic, Eldon Conceicao and Darren Bradbury. mypassivetrades.com business model offers an MLM structured compensation plan with a combination of a promised ROI for your investment.

So is he squeaky clean?

I’m not saying he’s a saint but at least right now nothing jumps out that is out of the ordinary. It helps that he could express his vision clearly too.

I’m not interested in writing a book with this review so let me just bring you up to speed on how to signup and start getting passive payment in 4 easy steps.

(See my personal low budget investment strategy for mypassivetrades here)

Getting Started

(The information below has now been updated here. Go study it now and get started. Click here )

Step 1: Click my link below.

(See screenshots here of how I personally went through the process. In the interest of brevity I won’t post all screenshots here. But you can check here for all screenshots)

Step 2: Sign up and log in. No need to click on confirmation link in email
(feel free to skip the ads you’ll see when you about to log in)

Step 3: Deposit Funds (btc). On the side bar click on ‘My wallet’ then click ‘deposit money’. You’ll be taken to a new page where you’ll fill in your name, email and amount. A wallet address to deposit your money will also be displayed. Open your btc wallet and transfer the required amount (minimum of $5 although I’ll highly recommend investing more for bigger profit). In a few minutes your account will be updated with the deposited amount

Step 4: Start the trade by returning to your side bar. Select ‘PLATINUM AD PACKS’. Then select ‘BUY PLATINUM AD PACKS’. Each pack costs $5 and you can buy anywhere from 1 to 20000 packs. As you see in my screenshot (see all my screenshots here), I purchased 4 units of $5 each for this example. (Yes minimum is $5, but remember that more money invested means more passive income. Just imagine the profit if you invest anywhere between $100-$10000)

Everyday at the exact same time (like clockwork…lol) a profit of at least 1% will have accrued in your account. Just click on ‘myplatinum adpacks’ on the sidebar and select withdraw all to withdraw all earnings from each adpack into your mypasssivetrades wallet and from there you can purchase new adpacks with your earnings or just withdraw to your own btc wallet. So awesome and easy.

Note: If you need to buy bitcoins, you can do so on paxful here.

There you go, you are on your way to earning 1.25% everyday (yes, I like the fact that it’s a decent, believable percentage unlike some other outrageous offers out there) for 100 days and minimum withdrawal is just $10 which can be carried out anytime you want. Withdrawal fee is 1%.

You can even learn to increase your earnings by compounding which is simply a clever way of increasing your profit and extending your trade beyond 100 days without depositing more capital. How? By continually reinvesting your profits once you have at least $5. Talk about profits within profits.

(see my personal low budget investment strategy for mypassivetrades here )

In conclusion, mypassivetrades.com is okay. I also appreciate that the site is very easy to use. Most importantly, nothing beats accountability. There’s a face behind it — Darren.

Get started today.

Other Review(s):
See my review of purchasesharesonline.com platform here
See my review of softradeai.com platform here

(To see my short list of recommended investment platforms, click here )

Got questions? Go ahead and ask below or contact me on telegram (@Bett1) for a one on one chat.

Follow this blog for more updates.

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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