Warning: Is AmeritForexTrade a Scam?

AmeritForexTrade (ameritforextrade.com) Review

AmeritForexTrade (ameritforextrade.com) has been flagged as a potential scam platform.

We found that it is located at 18th floor, 6595 Boles Road, Toronto, Ontario Canada, the phone number is ‪+18163857875, and the support email is support@ameritforextrade.

AmeritForexTrade claims to be a investment firm, but it is currently not authorized by any major authority, like the ASIC or CySEC.

Scammed by AmeritForexTrade?

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Is AmeritForexTrade Safe?

AmeritForexTrade runs without oversight.

Trading with unregulated brokers is very dangerous. Legitimate firms are always licensed with agencies like the FINRA or FCA to protect investors.

AmeritForexTrade lacks this supervision. This means there is no legal recourse if they steal your money. Many investment fraud use unlicensed entities, and recovering money from them is difficult without expert assistance.

For instance, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of regulatory bodies, so your money is completely exposed.

How AmeritForexTrade Might Scam You

Investment fraud is evolving. Scammers use psychological tricks to steal wealth. Below are common methods used by sites similar to AmeritForexTrade (ameritforextrade.com).

The "Romance" Trap

The "Romance Scam" is a brutal tactic where scammers groom victims over weeks. They build a romance online. Eventually, they introduce a special investment. It is a lie to lure you onto a fake platform .

The "Bonus" Trap

Scammers build websites that mimic real trading apps. You see graphs and profits that go up. But it is a game. The broker manipulates the numbers to convince you so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The company has no authorization.
• High Returns: They guarantee 1% daily returns or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Do not trust fake reviews. Scammers frequently post their own positive reviews to look legitimate.

Conclusion

AmeritForexTrade is not trusted. It is likely a scam. Save your funds and find a licensed broker. Avoid ameritforextrade.com at all costs.