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Allgo Trade


Country United Kingdom
State England
City LONDON
Address THE OLD WAREHOUSE 2 MICHAEL ROAD
Phone 44-203-693-4478
Website https://www.allgotrade.com/

Allgo Trade Reviews

Most Useful Comment
  • Jan 16, 2017

I was rip off by Allgotrade, I invested $250.00 into their account using my credit card. So this character by the name of Ryan Parker gave me problems since day one, so when I asked for my money back they had took it and invested into some stock. So I knew something was terribly wrong then, so he kept asking could I send $1000 dollars so he can invested and get a quicker return, so I told him no if he was a broker he can work with that what I sent to him. So he invested it and made a return in three months, and when I spoke to him about the balance I had in the platform, he then took the money out and said it was a bad investment that we lost it. So two more investment was pending for about eleven months up until December 30, 2016, so when that day came it was more like $1300.00 in the account, and then I spoke with Ryan Parker again and he as we was speaking he was taking the money out of the account then, and I asked him where did my money go he to me to f*** off.

Mark as Useful [1 vote]
Most Useful Comment
  • Nov 7, 2016

I am writing beacause I have fallen victim to a crime. The company's name is ALLGOTRADE. They are a brokerage services company operating in the United Kingdom. They claim they are registered by British Companies House as allgotrade ltd. registration # 9041988. This will be the first place you will find an erroneous claim. That number brings up another company name as leveltrade, which is listed as liquidated.

They also on their website www.allgotrade.com use an address in the Marshall Islands. One has to wonder why a company actively seeking business in the UK, and around the world would be registered or not registered in the Marshall Islands. I, myself, should have seen the red flag there right away! For the record, the office address I have been able to obtain in the UK, is as follows.

ALL GO TRADE

THE OLD WAREHOUSE

2 MICHAEL ROAD

LONDON, UNITED KINGDOM

SW62AD

Their phone number listed on their website is 44-203-6934478, but let me warn you now, THEY NEVER ANSWER, RINGS, AND RINGS, AND RINGS!

And now onto the crtime. Let me begin by adding that what you are about to read is commonplace for their business antics, and if you search internet sites for Allgotrade.scam, you will find similar claims from many other victims as well.

They originally contacted me by phone in February, 2016. They told that if I sent them $500 they would match that amount for Binary options trading.After a few unsuccessful trades the broker (name is Ryan Parker) suggested trading in the Forex Currency Market as that is much more profitable. I come to find out now, more profitable for Allgotrade. Ryan Parker said that in order to make meaningful trades he would need at least $15000. to work with, and offerred a no interest loan for $12000. with fixed monthly payments. I agreed (foolish of me, but nonetheless, I didn't know at this point what I was in for). So, with my $2500, plus their $500, I now had $3000, together with the loan of $12000. there was $15000. to trade with in the Forex Currency market.

As time went by, I was constantly pressured to payoff the loan way ahead of schedule. The account was amazingly growing. I have a record of all the trades, but still not sure if they were ever real, or a made up scenario of some kind. The account was showing a balance of $160,000. in September 2016. I asked for a partial withdrawal. The broker said in order to withdrawal, I would need to payoff the loan, so I did, and now the $15000. was complete. I would like to add that at this point I had been wiring funds to very obscure banks, which I do have records of. This was another RED FLAG I missed. In fact, I would not be surprised, in the least, if Allgotrade is using such banks to launder money, and evade taxation.

The broker said he would have to continue trading to reach a certain "payback point" before releasing any funds. At my request for a withdrawal, the next thing that happened was the brtoker told me he was out of town, and would not have access to the trading platform, but would have his "senior analyst" handle the account. Well, under the guise of the senior analyst, the account was rapidly traded , and in a few trades (4-5), over a couple of hours, $120,000. was lost! This was excetionally strange, and I believe purposely done, in that no stop losses were put on the trades as every trade prior had stop losses in place. Finally, when the broker "returned" ( I really don't think he ever left) he told me he fired his senior analyst.

What comes next is another move, or should I say attempt to extort money. This Ryan Parker told me his company "felt bad about what happened" and was willing to put $15000. back into the account as a recovery, which sounds very nice, however I had to put another $5000.in the account to get it! I told Ryan I could not do that. Within minutes of my refusing to put in the additional money he called ( we used Skype) me back to tell me he was fired ( I don't think he ever left the company, and is still there), and another broker would be handling the account, and said GOOD BYE! I never heard from anyone at that company. I then started contacting them to try to get what was left in the account, which, if you do the math is about $40,000.

Here is where the crime really went into high gear! I had many conversations ( emails), which I have records of, with customer support, and the CEO. At one point, they even slipped up and told me Ryan was still there! The person I was emailing back and forth was BRYAN JEFFERSON,SUPPORT MABAGER. I was able to get the name of the CEO from Bryan. His name is WILLIAM BILLOWS. After several emails (again which I have copies of), of claiming to help me, to insulting me, to flat out finally saying he was not going to help me.

He even went on to say that it may look like we owe you money, but it is my imagination, and an illusion!!! It became obvious to me that this was going to be the final outcome. So now, besides trying to get what is rightfully mine, I think some action should be taken against this so called Brokerage Firm, All Go Trade, or All Go Trade Technologies which is another name they go by. They need to be stopped, and cease doing business doing business fraudently. As long as this company is allowed to do business, there will be many more victims subjected to their criminal ways. I can assure you that! They must be stopped!

Some more names I was able to obtain are as follows, ROY MALONE, NICOLE CHASE, TOM GREEN, MICHAEL BELL, LEO JAMESON, AND EMILY CLARKE, and of course WILLIAM BILLOWS (CEO). If you place a period between their first and last name and add @allgotrade.com, you will have their email address. example william.billows.@. All these people have been listed in other complaints from other victims, on websites know as Trust Pilot, and another website Scamoptionbrokers, whose link is http://scamoption.com/question/difficulty-withdrawing-using-allgotrade.

Here you will find similar instances, and the names of the people (criminals), that I have mentioned above, will be found in several of the complaining crime reports, or reviews. I can only hope there should be some justice served to not necessarily get me my money, but to prevent this fraudulent company from continuing doing business in a way that will hurt many others in the future.

On a final note, to the best of my knowledge, neither the company, now any of its' employess, possess the necessary regulatory licensing, or registration, to conduct the business of Binary Trading, and trading in the Forex Currency Market.

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