Call4Trade Review
Beware Investors Call4Trade – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Who is Call4Trade:
Call4Trade is a website that claims to provide access to various financial markets, such as forex, stocks, commodities, indices, and cryptocurrencies. The website states that it is operated by Call4Trade Ltd, a company registered in St. Vincent and the Grenadines. However, there is no evidence that Call4Trade Ltd is a legitimate entity or that it has any physical presence or operations in that jurisdiction.
Regulation:
Call4Trade is not registered or regulated by any authority in any country. This means that it does not comply with the rules and standards that are designed to protect investors and ensure fair and transparent trading practices. The Alberta Securities Commission (ASC) has issued a warning against Call4Trade, stating that it is illegally soliciting Albertans to invest in securities or derivatives through its website. The ASC advises investors to exercise extreme caution when dealing with unregistered platforms like Call4Trade.
Location:
Call4Trade does not disclose its physical location or contact details on its website. The only way to communicate with the platform is through an online form or an email address. This makes it difficult to verify the identity and credibility of the platform and its operators. It also raises the risk of losing contact with the platform in case of any issues or disputes.
Services:
Call4Trade claims to offer a variety of trading services, such as online trading platforms, educational resources, market analysis, trading signals, and account management. However, these services are not backed by any guarantees or assurances of quality or performance. The platform does not provide any information about the fees, commissions, spreads, leverage, margin requirements, or withdrawal policies that apply to its services. The platform also does not disclose the risks and limitations that are associated with trading in securities and derivatives, especially in volatile and unregulated markets.
Reviews:
Call4Trade does not have any positive or credible reviews from independent sources or customers. The only testimonials that are available on its website are likely to be fabricated or manipulated to create a false impression of trustworthiness and satisfaction. The platform also does not have any social media presence or online reputation that can indicate its legitimacy or reliability.
Customer Service:
Call4Trade does not have a dedicated or responsive customer service team that can address the queries or concerns of its clients. The platform only provides an email address as a means of support, but there is no guarantee that it will reply or resolve any issues in a timely or satisfactory manner. The platform also does not have a phone number, live chat, or other channels of communication that can facilitate direct and personal interaction with its clients.
Securing Your Investments Against Unscrupulous Brokers:
If you are considering investing in securities or derivatives through an online platform, you should always do your due diligence and research before making any decisions. You should check the registration and regulation status of the platform and its operators with the relevant authorities in your jurisdiction. You should also read the terms and conditions, policies, and disclosures of the platform carefully and understand the risks and costs involved in trading. You should never invest more than you can afford to lose and always keep track of your transactions and balances. You should also be wary of any offers or promises that sound too good to be true, such as high returns, low fees, free bonuses, or guaranteed profits.
Conclusion:
Call4Trade is a platform that claims to offer trading services in securities and derivatives, but it is not registered or regulated by any authority. It poses a high risk of fraud, scam, or loss for investors who use its services. The ASC has warned against Call4Trade and advised investors to avoid it. If you have been contacted by Call4Trade or have invested in it, you should report it to the ASC immediately.
