Is Shark traders really bankrupt of its a scam?

Ira88 · Feb 14, 2021

JSOP said:
This is very strange as their website is still operating https://sharktraders.com/ and everything still appears live and well. The support email address seems to be correct as it is the same that appeared on their website support@sharktraders.com. But if they are indeed bankrupt, the company would be placed in receivership and an administrator would be usually appointed either by the court or the financial regulator to handle the liquidation and all your account information as well as your banking detail would be all forwarded to the administrator to process the return of the money back to you; it wouldn't be the company themselves who would be handling this. And even if the company is handling the withdrawal request, they wouldn't need you to provide banking details all in an insecure format via email too because they would already have them on file when you made the deposit with them.

I would be more careful in providing banking details over an email to anybody.
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I fell for this scam pretty hard !!!!

bilgekaana · Mar 10, 2021

DaytraderBS said:
Hey Bramnil dude do you really trade with them or you work there in accounts. Everywhere you sell Alaric. Where i have had a personal experience with them and it was horrible.They promise leverage of 30:1 20:1 but what you will get is 4:1 and 2:1 overnight. Then they will start asking for more deposit to get leverage. Thats a scheme. Warned
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why was it horrible ? I am thinking them. Because I couldn't find any other european brokers.

destriero · Mar 10, 2021

black_trader said:
I woke up to this email on Thursday from shark traders. I'm still confused if its a scam or not considering the fact that i can't reach anyone from the company.

To think i just deposited some money.
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lol is this Carlsson and FCT Europe?

Saxio · Mar 20, 2021

Ira88 said:
Shark traders was the biggest scam ever!! They gave us 20x leverage..nice looking website but then I fell for it with 25k of my hard earned money..when I went to withdraw it ..2 days later I get a email saying they’re insolvency and they had a audacity to ask for my bank details too.. when I did their website went down and never ever heard from them ever again or my 25k bastards!! Hope those scammers burn in hell
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Where were they located ?

JimSabate · Mar 23, 2021

DaytraderBS said:
Hey Bramnil dude do you really trade with them or you work there in accounts. Everywhere you sell Alaric. Where i have had a personal experience with them and it was horrible.They promise leverage of 30:1 20:1 but what you will get is 4:1 and 2:1 overnight. Then they will start asking for more deposit to get leverage. Thats a scheme. Warned
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What was so horrible with them dude?

NicHuang1986 · Apr 1, 2021

DaytraderBS

Have you open an account on Alaric Trader? How is that. I'm interested in Alaric. However, it seems no one has that experience here.

Thanks

gertruderoberts · May 4, 2021

Scam it is. Don’t bother and in case you still worry about it, confirm from the support team.

bilgekaana · May 4, 2021

NicHuang1986 said:
DaytraderBS

Have you open an account on Alaric Trader? How is that. I'm interested in Alaric. However, it seems no one has that experience here.

Thanks
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Same I am wondering.