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Patrimoine Trade (patrimoinetrade.pro) Scam Review: Unable to Withdraw? Report Now

I’ll provide a detailed review of the Patrimoine Trade website, which has been reported as a potential scam. Please note that this review is based on publicly available information and should not be considered as investment advice.

Introduction

Patrimoine Trade, operating under the domain patrimoinetrade.pro, is an online trading platform that claims to offer various financial services, including forex, stocks, and cryptocurrencies. However, numerous reports have surfaced indicating that this platform may be a scam, with users facing difficulties in withdrawing their funds.

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Red Flags

Several red flags have been identified, which suggest that Patrimoine Trade may be an unregulated and potentially fraudulent broker:

  1. Lack of Regulatory Oversight: A thorough search reveals that Patrimoine Trade is not registered with any reputable regulatory bodies, such as the Financial Conduct Authority (FCA), the Securities and Exchange Commission (SEC), or the Australian Securities and Investments Commission (ASIC).
  2. Unverifiable Physical Address: The website does not provide a verifiable physical address, which raises concerns about the company’s legitimacy and transparency.
  3. Poor Customer Reviews: Multiple online reviews and forums report negative experiences with Patrimoine Trade, citing difficulties in withdrawing funds, unresponsive customer support, and suspicious trading activities.
  4. Unrealistic Promises: The website promises unusually high returns on investments, which is a common tactic used by scammers to lure unsuspecting investors.

Withdrawal Issues

Many users have reported being unable to withdraw their funds from Patrimoine Trade, citing various issues, including:

  1. Excessive Withdrawal Fees: Some users have reported being charged excessive fees for withdrawals, which can be as high as 30% of the requested amount.
  2. Unresponsive Customer Support: Users have reported difficulty in getting in touch with the customer support team, with some claiming that their emails and phone calls are being ignored.
  3. Delayed or Rejected Withdrawals: Several users have reported that their withdrawal requests are being delayed or rejected, with no clear explanation provided by the platform.

Conclusion

Based on the information available, it appears that Patrimoine Trade may be an unregulated and potentially fraudulent broker. The lack of regulatory oversight, unverifiable physical address, and poor customer reviews all raise significant red flags. Additionally, the numerous reports of withdrawal issues, including excessive fees, unresponsive customer support, and delayed or rejected withdrawals, suggest that this platform may be a scam.

Recommendation

We strongly advise against investing with Patrimoine Trade or any other unregulated broker. It is essential to conduct thorough research and due diligence before investing with any online trading platform. Always verify the regulatory status of a broker and read reviews from multiple sources to ensure that you are dealing with a legitimate and reputable company.

If you have already invested with Patrimoine Trade and are facing difficulties in withdrawing your funds, we recommend that you:

  1. Report the issue: File a complaint with the relevant regulatory authorities, such as the FCA or SEC, and provide as much detail as possible about your experience.
  2. Seek professional advice: Consult with a financial advisor or a lawyer to explore your options for recovering your funds.
  3. Be cautious of recovery scams: Be aware of potential recovery scams that may target victims of Patrimoine Trade, and never pay any fees or provide personal information to unverified individuals or companies claiming to assist with fund recovery.

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