Avatrade scams, theft and fraud
The AVATRADE team is complicit in its partners' thefts because AVATRADE does not reveal them to the police.
The main objective of performing the ‘suitability test’ is to obtain such information as is necessary for the Company to assess the investment objectives of the client, the client’s financial ability to bear any related investment risks consistent with his investment objectives, and whether the client has the necessary experience and knowledge in order to understand the risks involved in the transaction or in the management of trading.
The CNMV fines CaixaBank 2 million euros for an infringement in the sale of complex products.
The National Securities Market Commission (CNMV) has issued a resolution imposing a fine of €2 million on CaixaBank for a very serious infringement related to the assessment of the suitability of complex financial instruments for customers.
The fine, published on Thursday in the Official State Gazette (BOE), has been declared final in administrative proceedings, although it may be appealed before the Administrative Chamber of the National High Court.
The CNMV considers that CaixaBank committed a very serious infringement for failing to comply with article 214 of the Securities Market Law, which regulates the assessment that financial institutions must carry out to determine whether the product offered or requested by the customer is suitable for him.
Specifically, the supervisor considers that CaixaBank made an inadequate assessment of its customers concerning the suitability of complex financial instruments.
According to article 214 of the Securities Market Law, when services other than investment advisory or portfolio management services are provided, customers, including potential customers, must be asked to provide information on their knowledge and experience in the investment field corresponding to the specific type of product or service offered or requested so that the institution can assess whether or not it is suitable for the customer.
Furthermore, the law establishes that the institution must provide the client with a copy of the document containing the assessment made and when it considers that the investment product or service is not suitable, it must warn the client.
In case the investment service is provided about a complex instrument, the law requires that the contractual document must include, together with the signature of the client, a handwritten expression by which the investor states that he has been warned that the product is not suitable for him or that it has not been possible to assess him
AvaTrade’s agents manage trading positions
An agent called Melody called me saying she was an employee of AVATRADE, she opened an account for me with 250 euros and then tricked me by offering me a BONUS of 3000 EUROS and made me raise the account to 25000 euros and then opened a Death position for me. I have strong suspicions that this Melody is allegedly a member of the board of AVATRADE and her real name is allegedly Sari Hemmendinger, I ask the police in Ireland to investigate her and if it is proven that it is Melody that she returns the stolen money with damages and that she is sent to prison for the amount of the stolen money.
This AVATRADE agent called Melody, first opens an account in AVATRADE which supposedly has to be managed by me, and to gain my confidence, she calls me every day, I had just suffered an expropriation by the Ministry of Development to build a motorway, which very unfair and I was depressed. The question is that I can’t explain how I was able to give her remote control of my computer with the Anydesk programme for educational purposes to give me trading lessons.
First, she configures some positions for me to win, then she gives me a bonus of 3000 euros (Click HERE by increasing my initial balance from 250 euros to 18000 euros with the right to trading class, in one afternoon she configures me some positions that make me win a lot, but then he enters my computer and KNOWING that the Nasdaq was rising, SHE OPENS A SELL POSITION on August 20, 2020, at 14:00: 23 .Click HERE to see the graph where I have marked between two lines in red the death position that opened me saying «we are going to earn a lot of money». In this graph, we can see that I had a balance of 33235.69 euros and the position she opened for me already showed a loss of 18164.63 euros. you can match the opening of that kill position with the call log of my mobile phone on that day 20 August, they are all phones starting with +39. Click HERE to see the screenshot of my cell phone showing the calls I had that day and we can observe that at 10:56 I had a call from the phone +39 023 3453 8404, at 11:05 he calls me again with the phone +39 091 890 1043, at 12:12 he calls me with the phone +39 091 890 1043, at 12: 12 she calls me with phone +39 081 851 851 2977:; at 14:40 she calls me with phone +39 030 6863 3906; at 16:42 she calls me with phone +39 011 937 7279 and at 178:50 she calls me with phone +390965644186.
If we look at chart 1 of the MetaTrader 4 Ava-Real 1: Real Account interface, we can see that the sell position with volume 1 of NASDAQ100 was opened at 14:23 during the call period. We note that all the telephone numbers have an Italian prefix.
When I see that this position is going to make me lose the whole account I ask her if I close it and he tells me NEVER CLOSE A POSITION IN RED, I ask her what I can do and she tells me to open positions against, that is to say buy, I am all night opening and closing buy positions, closing when it is at the highest point and opening when they start to rise buying, and that night I win 19000 euros but the next day I have to leave home and by the mobile I see that every time the account is going down, I ask her by WhatsApp if I close it and she answers me «NO» (Click HERE to see the screenshot of the WhatsApp). The next day my account appears with a balance of 4.96 euros as you can see in THIS SCREENSCAPTURE.
CLICK HERE to see the deposit of the bonus that appears with the order number 37175274 made on August 5, 2020, at 12:50. However, when I ask to transfer to my account in Spain 20000 euros to see if I could trust AVATRADE they transfer me the 2000 euros but they take away the bonus of 3000 euros as you can see in the order number 37563763 reallocate on August 21, 2021, with the description CANCEL BONUS, click HERE to see it. By the way, sirs of AVATRADE, you have denied me that Melody worked for AVATRADE, so how can she put a bonus and remove it? Another very important thing, gentlemen of AVATRADE, don’t you know that it is illegal to offer a bonus to the client to increase the balance of his account. Offering bonuses is another of the illegalities committed by the AVATRADE team.
By the way Melody normally used the WhatsApp with the phone number +44 7397 823051 and other times Melody has used the WhatsApp the phone number +44 7502 308409 and is identified as Ava Trade EU limited where I had always been contacted by a Laura and other times by Melody. The question is that when they stole me 40000 euros Melody disappears and this Laura sends me a message telling me that my 40000 euros have been lost in the Trading when I had all the positions closed and had requested the bank transfer. In THIS SCREEN CAPTURE from my cell phone, we can see THIS MESSAGE.
AVATRADE is a front for illegal scams and fraud trading platforms.
A disappointed partner of AVATRADE already told me that AVATRADE was a front for stealing from illegal platforms like Trade99 and AnalystQ.
And what a coincidence that I have gone through the whole COMPLAINT process that AVATRADE asks for and in the end, they tell me that AVATRADE has nothing to do with the theft and scam platforms like Trade99 and AnalystQ and that if I want to continue claiming I should go to the Virgin Islands of Great Britain.
AVATRADE tells me that Melody is not a direct employee of them, that she is an employee of one of their partners and that they cannot identify her because they do not have access to the database of their partners. This may be true, but THE DO HAVE to their partner, who in my case is GEORGE from the company EUROPETRADING, because each time I say in the official AVATRADE chat that they should call me, Melody always call me. One day I say in the official AVATRADE Chat I said that I HAVE WON THE LOTTERY (it is not true, it was a trick to see if they were biting) and immediately Marisa calls me and introduce her as AVATRADE partners of the company EUROPETRADING and when I tell her that I want to talk to Melody she passes me to George who says that he is more informed about this subject. Well, George says he can’t identify Melody either, but in the course of the conversation, it escapes him that he has heard all of Melody’s conversations with me. He is then indirectly telling me that Melody is one of his employees, because who can hear an employee’s recordings if not his boss? Click on the PLAY button below and you can hear the whole conversation:
But the ultimate proof of this AVATRADE partner’s involvement with Trade99 is when I put THIS RECORDING into the official Trade99 chat and they tell me that George is ONE OF THEIR MANAGERS, CLICK HERE TO SEE SCREEN CAPTURE 1 AND HERE TO SEE SCREEN CAPTURE 2.
Since I published the above evidence on this website last February with the article «I DENOUNCE AVATRADE FOR SCAM, FRAUD AND THEFT» Trade99 platform has stopped working and has been down since then with the message: «Trade 99 is temporarily offline. For inquiries please contact [email protected]»
José is also a person affected by the theft, fraud and scams of the AVATRADE partners and in the post called «AVATRADE-ANALYSTQ SCAM» I tell what happened to him which is the same as to me but with an assessor called Marisa, José recognized her voice in the conversation they had with me when they identified themselves as EUROPETRADING company and partners of AVATRADE, then it is clear, Melody and Marisa are employees of George and they have closed Trade99 but they have opened AnalystQ which by the way, the trading interface is the same as the one they used in Trade99.
As the names of Melody, Marisa and George are possibly invented and I do not have any identification I CLAIM THE AVATRADE TEAM as responsible because it was in AVATRADE where I met them and IT HAS BEEN PROVEN THAT THEY HAVE WORKED FOR AVATRADE. If AVATRADE has nothing to do with the thefts of its partners, why don’t you identify them to the police?
If the AVATRADE team were not involved in the thefts of their associates, the AVATRADE team would not hesitate to identify these thieving and swindling associates. But a disappointed AVATRADE partner told us that AVATRADE was taking 70% of all the thefts as can be seen in the graphs attached to this article:
Trustpilot is not impartial
Two days ago I put the opinion that I am going to reproduce below in Trustpilot, first, it is published automatically, then AVATRADE protests and they tell me that they put it hidden until they check the data, finally, they check the evidence I have put on this website and tell me that my opinion counts as you can see in THIS SCREENSCAPTURE, however, if I want to visit it now it appears that my OPINION IS IN PROGRESS and if I click on the refresh button of the browser then it appears that «THIS MAY TAKE A FEW MINUTES. WE WILL SEND YOU AN EMAIL WHEN IT IS ONLINE«.
I will now reproduce in full this publication which is being held up by Trustpilot:
AVATRADE are scams
AVATRADE are scams, theft and fraud.
I have proof that they do not comply with current legislation:
*They do not do suitability tests, for this reason alone CAIXA BANK has been ordered to pay two million euros.
*It is a broker Marker Markers, that means that when you lose AVATRADE wins so their agents call you to direct positions, by the way, DIRECT POSITIONS, another illegality, they trust you to win something and when they have managed to get you to put all your savings or even ask for a loan, they open a position of death.
* When I ask AVATRADE to identify those who have robbed me they tell me that they can’t because they belong to the staff of their partners. AVATRADE is that we are silly, when in the official chat of AVATRADE we ask to be called immediately you contact your partners THIEVES, CRIMINALS, SWINDLERS and that some have even been in jail.
In my case, a certain Melody, who I strongly suspect is a member of the board of AVATRADE called SARI HEMMENDINGER, well, THIS THIEF and CRIMINAL, promised me a managed account in AVATRADE and then put my money in Trade99, platform recognized by all National Securities Commissions of all countries as THEFT, SCAM AND FRAUD, AVATRADE DOES NOT WANT TO IDENTIFY HER so AVATRADE is an accomplice and as I suspect a member of the board.
The question is that a few days ago in the official chat of AVATRADE I ask Melody to call me because I have won the lottery CLICK HERE TO SEE THE SCREENSHOT (I have not won, but it was to see if they called me and I recorded them), then a gentleman who says his name is GEORGE calls me and says he is a member of AVATRADE, He was willing to invest what I had won in the lottery, when I asked him about Melody he told me that it was as if she had died, that he could not identify her but throughout the conversation he tells me that he has heard all the conversations, then he says that he is one of Melody’s bosses.
But the final Touch is when I present THIS RECORDING OF GEORGE in the official Trade99 Chat, they tell me not to be so angry that he has listened to my conversation with one of his bosses and that he has already explained everything to me. CLICK HERE SO SEE THE SCREESHOT.
SO YOU DON’T HAVE TO BE VERY CLEVER TO CONCLUDE THAT GEORGE IS A PARTNER OF AVATRADE AND ONE OF THE MANAGERS OF TRADE99, SO AVATRADE = TRADE99.
If AVATRADE had nothing to do with Trade99, he would have already reported these THIEVING partners to the police, but he does not do so because THE ENTIRE MANAGEMENT OF AVATRADE IS INVOLVED.
On the 12th of February presented all this evidence on the AFFECTED BY AVATRADE website and in all the world’s media and that will be the end of these THIEVES, CRIMINALS AND SCAMMERS. to see the proofs you can enter to avatrade – afectados . es (write it without spaces)
They have stolen and swindled me out of more than 70000 EUROS but that money that they do not want to give me back is going to serve them for their PERDITION, TOTAL RUIN AND JAIL because they WILL LOSE MUCH MORE because in my phone I HAVE recordings that are going to take the whole board of directors and their lawyers to PRISON.
THE CRIMINALS TO JAIL, THE NORMAL PEOPLE IN PEACE.
I am Francisco Gómez González, I am the webmaster of the PLATFORM OF AVATRADE AFFECTED PEOPLE (avatrade – afectados . es), and VERY SOON I WILL CREATE THOUSANDS of domains TELLING THE TRUTH ABOUT AVATRADE: THEFT, SCAM AND FRAUD and above all SHOWING THE PROOF THAT SUPPORTS IT, and I have to say that thanks to THE PLATFORM OF AVATRADE AFFECTED PEOPLE THOUSANDS OF PEOPLE have not fallen into AVATRADE’S nets. HERE IT IS AN EXAMPLE:
If anyone wants to contact me by phone it is 636422877.
Remember AVATRADE, you have left me paying several loans, THIEVES AND BANDITS, AND CRIMINALS, but from now on Avatrade will be able to see me in interviews on televisions from ALL OVER THE WORLD showing IRREFUTABLE and TOTALLY INCRIMINATORY proofs.
AVATRADE THE COUNTDOWN TO YOUR END, THE THIEVES TO JAIL, THE NORMAL PEOPLE IN PEACE.
Everything I say is true, very soon you can see me presenting all these evidence on the BBC World Service and all the world tv.
I insist on saying that AVATRADE are professional swindlers. Time will soon prove me right when I present ALL THE EVIDENCE in all the MEDIA:
I have my suspicions that the one who stole from me by a woman claiming to be called Melody is actually a member of the AVATRADE board, otherwise how do you explain that they don’t want to report her to the police, when I have proof of their grand theft, swindle and fraud?
AVATRADE I am a civil servant of the Kingdom of Spain and my telephone number is 636422877.
Mr. Ferguson or even better your supreme boss who is in Israel Mr. Yehoshua Abramowitz I hold you responsible for all the thefts since you do not want to identify your thieving associates. I will take action against you. Now I understand why I have received attacks from Israel on my website.
AVATRADE TRADES WITH CRIMINALS
It is simple logic, Melody introduces herself to me as an employee of AVATRADE and opens me an account on the AVATRADE platform, she gives me a BONUS of 3000 euros for increasing the balance, every time I asked in the official AVATRADE chat for Melody to contact me they called her and she contacted me. And when Melody ruins my official account in AVATRADE and steals 40000 from me saying it was for an account managed in AVATRADE and then takes it to Trade99, then Melody disappears. But one day it occurs to me to say in the official AVATRADE CHAT that I have won the lottery (click HERE to see the screenshot) and then a certain George calls me saying he is a partner of AVATRADE and although he says he cannot identify Melody throughout the conversation it slips out and he tells me that he has listened to all the conversations Melody has had with me, then indirectly he is telling me that he is Melody’s boss. CLICK HERE TO LISTEN TO THE CONVERSATION.
And when I put THIS CONVERSATION I had with George in the official Trade99 chat they tell me that George is one of their bosses. CLICK HERE TO SEE THE SCREENSHOT
Gentlemen of AVATRADE the conclusion of the most elementary logic, George is a partner of AVATRADE, Melody one of his employees, George is one of the managers of Trade99, then AVATRADE partners are bosses of Trade99, and AVATRADE does not want to identify those thieving partners, then AVATRADE is TRADE99. And if it is true what AVATRADE always answers me that they have nothing to do with it, THEN IDENTIFY YOUR PARTNER GEORGE RIGHT NOW
If AVATRADE does not identify its thieving partners is because the AVATRADE team takes 70% of the thefts of its partners, then the conclusion is also very simple AVATRADE IS THE COVER OF ILLEGAL TRADING PLATFORMS, OF SCAM, FRAUD AND THEFT.
The AvaTrade Team
Chairman at Atrade Ltd
The entire AVATRADE management is ultimately responsible for the theft, scams and frauds of its members. If they are not, why don’t they denounce them to the police? Why do they just say that they no longer work with them? Is it because the whole AVATRADE team has been taking 70% of the thefts of their partners?
AVATRADE DOES NOT FOLLOW THE LAW
- AVATRADE does not make the suitability test to the future traders.
- AVATRADE offers bonuses for increasing your capital which is totally forbidden.
- AVATRADE’s agents manage trading positions.
- The AVATRADE team is complicit in its partners’ thefts because it does not reveal them to the police.
- AVATRADE is a front for illegal scams and fraud trading platforms.
- AVATRADE DOES NOT FOLLOW THE LAW
- Melody is WANTED
Melody is WANTED
Exactly the same thing happened to me. Supposedly to start a recovery plan of some investments in AVATRADE with important losses, this Melody convinced me to invest 20,000 euros in Trade 99. A robbery, and disappeared in combat, the web and everyone. It is a shame that these things are allowed.
A FULL-FLEDGED SCAM
It is a full-fledged scam. I still don’t know any platform that can withstand negative equity. Well, my account has been at -$5000.
I entered through a broker of another platform that managed to gain my trust. After a big loss, a bad move, she offered me a bonus designed for clients who had had a bad experience. She opened my account with trade99 and at the beginning, it seemed to be going well, trades were not opening but bitcoin was rising in value due to market fluctuations. After three months and with a 100% return, it was time to close the account. They asked me to deposit 2000€ to pay for their services. Somewhat reluctant, for not providing me with an invoice, I did it. I fell for it. From then on, everything was confusing, if they accept the email I send you, let me do it through anydesk…. The thing is that the next day, I open the web platform and I get a request to make a deposit urgently because the account is in danger, and there was NO OPEN POSITION!!!! I contact them and they tell me (Melody), that it is because they are in the process of taking the money out of the account to transfer it to my bank… ok, ok.
The following day, in my bank there was nothing and in the platform, I find 6 open positions in negativity, but what negativity, equity at -5000$. Already at this point, no response or anything disappeared.
The broker, (Markus). who directed me to trade99, worked in another, which is where I had an account. His right-hand woman, Melody, processed the account. Today, November 27, 2020, they both stopped working at the platform where I met them, they changed jobs, guess to which one. I do not know how a platform (the initial one where I met them), with all the licenses in order and with the records and data of these two people, is not involved in the least to provide the data of these two people to the authorities to stop this scam.
FRANCISCO GÓMEZ GONZÁLEZ
This is a message for Javier and José…
This is a message to Javier and Jose Gutierrez. From what we have read we have been scammed by the agent who calls herself Melody.
I am about to discover her and make her pay for everything stolen. I already have the recording of one of her bosses a George from EuropeTrading, it turns out they have closed Trade99 and are now at AnalystQ, and it is also possible that they are collaborating with BDWiSS.
If you click on the play button you can hear the whole recording:
Their former broker AVATRADE, washes his hands saying that Melody no longer works for them, but I have investigated and what happens is that he does not want to inform on her because AVATRADE takes 70% of what their partners steal. I have proof of this. As I show in the graphs to the left of this post.
Since in February 2021 I published the post «Denuncio a AvaTrade por estafa, fraude y robo» and as result of that they have closed the Trade99 platform and if we visit it only appears the message Trade 99 is temporarily offline. For inquiries please contact [email protected]
Please if anyone has had any dealings with Melody or her sidekick Marco contact me on 636422877 in Spain.I do not give up, if the broker where I met this Melody (AVATRADE) does not identify her, this broker will answer for it, besides I have already managed to step on the heels of AVATRADE because only by searching for the word AVATRADE I come out saying that they are a gang of thieves.
I have hundreds of recordings and as it seems that justice does not scare them because they are used to mock it, I will initiate a massive information plan in all media, internet, social networks, television, etc.. What they have stolen from us is going to cost them drastically.
I remind you my phone number is 636422877
And my name is Francisco Gómez González
I am a civil servant of the Kingdom of Spain.
Avatrade’s partners are managers of illegal scams, fraud and theft platforms such as Trade99 and AnalysQ and AVATRADE does not denounce its thieving partners so we can perfectly deduce that AvaTrade’s team is at least an accomplice or even the main bosses of these theft and scam platforms. If AVATRADE had nothing to do with the scams, frauds and thefts in trading of its partners, why doesn’t it denounce them and identify them to the police?
AVATRADE on Trustpilot always gives me the same answer:
We wish to sincerely highlight that we are not connected with Trade99, and we cannot and do not accept any responsibility for any decisions our clients may choose to make with their funds with a third party company.
We also wish to highlight that our standpoint on your formal complaint remains our final decision in this case.
We wish to highlight that we do not endorse, or vouch for, any services provided by a third party, and are not responsible for any losses resulting from your use of any information or advice given by any third party. We also make a kind reminder that all traders are fully responsible for making all decisions in regard to their account, assessing the merits and risk of the account itself along with any form of trading activity.
The AvaTrade Team
GENTLEMEN OF AVATRADE IF YOU HAVE NOTHING TO DO WITH TRADE99 YOU HAVE TO DENOUNCE YOUR PARTNER GEORGE OF TRADE99 SO THAT HE CAN IDENTIFY MELODY AND PAY ME WHAT WAS STOLEN. IF YOU DON’T WANT TO IDENTIFY HIM YOU ARE ACCOMPLICES OR EVEN WORSE THE BIGGEST BENEFICIARIES OF THE THEFTS OF YOUR PARTNERS.
HERE YOU CAN HEAR ONE OF THE MANY RECORDINGS I HAVE OF MR GEORGE:
And if you click on the graphics below you can see how Trade99 employees recognise your member’s voice as that of one of their managers: