Pulse Trade

Forex scam “Pulse Trade” stayed afloat for several months. The trickster managed to pick up complaints. On rabota-zarabotok.ru a person says: for several months he and his friend have not been able to withdraw money. Both are stuck with $300. The scammer has frozen their accounts and is not even trying to get in touch.

Former clients call Pulse Trade the worst broker in the world. It just doesn’t get any worse. One person does not recommend registering or topping up. He warns: the scammer will cheat you and strip you. This is the most brazen swindler of all.

There are a lot of complaints about divorce on vsyapravda.net. One person says: he came across an analyst named David. They quickly found a common language. David didn’t bother me with calls and very often offered profitable deals. But one day he disappeared from the radar.

The author of the review tried to find out what happened. I knocked on the caliper, but they didn’t know anything. Then David called himself. Presented with the fact that the account had been reset, he hung up. It was useless to call back: the number was blocked.

There are many complaints that Pulse Trade is constantly slow. It’s impossible to make money. The output doesn’t work.

One former patient of our hero tried to withdraw some of the funds after replenishing the depot. Did not work out. The fake broker said: no verification. The person uploaded the necessary documents. Tried to withdraw money twice. I managed to withdraw $500. Another $1100 was stuck. It was not possible to take a penny from them.

The site scaud.info warns: the Pulse Trade broker will strip you naked. Every single transaction is fake. The scam will not allow you to withdraw money. At the same time, he brazenly demands to be replenished.

Rating Forex lawyers will force the scammer Pulse Trade to hand over all the embezzled money. Write a complaint and consult for free until you get justice. Everything that was taken from you will definitely return.

Terms of cooperation. How to make money with Pulse Trade?

Pulse Trade encouraged me to do it investments:

• in currency pairs;
• CFD;
• metals.

The catcher did not give details. There is no complete list of assets.

Rating Forex warns: it is not profitable for a real broker to hide the list of financial instruments. In this situation, the competition will be lost.

“Pulse Trade” offers 4 account types:

• Standard — $ 1000.
• Standard Pro — $ 5000.
• Ultra — $ 10000.
• VIP — $ 25000.

In Standard the leverage is 1:100. There are 66 trading instruments. The leverage is too wide for a company posing as a UK Forex broker. The maximum leverage in the UK is 1:30.

Standard Pro has the same leverage as Standard. There are more tools – 330. There is a loyalty program. What its meaning is is unclear.

The Ultra account includes everything from Standard Pro, plus:

• Fast replenishment. The Pulse Trade scammer did not give any specifics about the timing of the money being credited.
• High liquidity. With such leverage as that of Pulse Trade, transactions are not entered into the real market. Liquidity was simulated.
• Tight spreads. This means nothing. The Pulse Trade website was not specific about spreads, swaps and commissions. Only scammers hide such information.

The Ultra account was ostensibly aimed at professionals. Only in the real world of retail Forex, a deposit of $10,000 is the minimum optimal amount with which a beginner can earn at least something. Pros operate with hundreds of thousands of dollars.

The VIP account had everything in Ultra, plus:

• Trust management. In conditions of imitation trade, such services only speed up the depot drain. It was not profitable for the trash heap for traders to gain profit.
• Individual trading conditions. The lack of specific information makes this feature of the trading account absolutely insignificant.
• Personal manager and analyst 24/7. Attention: another scam. The dumpster contacted patients only to cheat them out of a new deposit. Everything that the swindlers who were on her staff advised was strictly aimed at divorce.

The Pulse Trade scam hid most of the trade conditions, except for leverage. Only scammers behave this way.

Registration and regulation

ThrowingPulse Trade uploaded: managed by UK company PULSE TRADE LTD with registration the name 09413312. Rating Forex checked the local register of legal entities. The specified set of numbers belongs toPULSE TRADERS LTD.

The PULSE TRADERS LTD brand was registered in 2015. In 2016 it was liquidated. That is, it has nothing to do with the pulse-trade.com site. That one appeared only in November 2020.

Attention: a dash instead of registration louder than the reviews warns that “Pulse Trade” is a scam, a scam. He is not authorized to provide brokerage services. In addition, liquidity providers will not deal with him.

Rating Forex reminds you: the worst thing is that it is not clear where to look for the scammers who are behind the scam. They can be hiding in any country. Judging by the fact that the swindler scammed mostly Russians out of money, we can conclude: the bits behind him are hiding in one of the CIS countries.

Regulation

Pulse Trade did not give a license number, but it told about 9 European regulators. The list included:

• BaFin.
• FCA.
• FSA.

The check showed that none of them issued permits to the scammers.

Rating Forex warns: pulse-trade.com was run by scammers. Nobody controlled them. They cheated everyone who handed over money. All the regulators could do was warn about the risk of burnout. They definitely won’t help with getting your money back.

Like a divorce open for money”Pulse Trade”

Real reviews make it clear:Pulse Trade didn’t wait for a potential patient to find him. He actively caught fish himself with cold calls. The dodger called everyone and offered the services of a broker. I took numbers from databases leaked to the Internet, collected them on websites with resumes and on social networks.

The Pulse Trade scam bleated about the best trading conditions, quick withdrawals and constant support. He treated: you can invest even less than the minimum deposit, which was $ 1000. That is, he did everything to make the victims shell out money.

At the very moment when the patient was replenishing the depot, his cabbage flew off in an unknown direction. Candy wrappers that were worth nothing ended up in the trading account.

I imitated scam trading. He had complete control over all quotes and could draw any prices. The swindler drained everyone completely. And as quickly as possible, so as not to allow anyone to even try to withdraw the deposit. Sometimes the scammer drew soot and even let them take part of the capital. This arrangement was very helpful in getting a new deposit.

When a person tried to draw a conclusion, Pulse Trade whistled about verification. The victim tried to go through the procedure, but the account was frozen under a far-fetched pretext so that she would not even think that the money had been stolen long ago.

Rating Forex comment: it was profitable for the Pulse Trade scammer to drag his feet. This helped to delay the appearance of negative reviews as much as possible and have time to deceive as many poor people as possible.

Conclusions

“Pulse Trade” — fake broker without licenses and registrations. He hung noodles on registration and regulation.It was impossible to make money with him. Such dodgers can exclusively milk.

Pulse Trade gave out a scam:

• Inflated leverage – 1:100. This cannot happen with British brokers.
• No list of tools.
• Incomplete terms of trade.

In addition, the sharashka offered to replenish funds through electronic and crypto wallets. An honest broker does not support Bitcoin or altcoins. They do not combine well with the fight against cabbage laundering. But crypto is suitable for scammers. It is very easy to steal and difficult to track. It is practically non-refundable.

Rating Forex recommends checking each intermediary for lice. Otherwise, all the money can be covered with a copper basin. We’ll have to think about how to make a return.