Warning: Is PlusOneTrade a Scam?

Unregulated

Be careful of PlusOneTrade (plusonetrade.com); it displays several indicators of a scam. It operates without a valid financial license.

PlusOneTrade (plusonetrade.com) - Legit or Fraud?

We investigated PlusOneTrade (plusonetrade.com) and found critical facts.

PlusOneTrade presents itself as a trading platform, but it is currently unlicensed by any credible financial regulator.

Victim of PlusOneTrade?

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Can You Trust PlusOneTrade?

The most alarming issue is that PlusOneTrade (plusonetrade.com) lacks regulation from a credible authority.

Investing with unlicensed brokers is very unsafe. Real firms are always registered with agencies like the FINRA or FCA for your protection.

PlusOneTrade operates without this protection. As a result, there is no safety net if they withhold your funds. Most investment fraud use unregulated entities, and getting back funds from them is difficult without professional help.

For instance, in the UK, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not part of SIPC, meaning your money is completely exposed.

How They Steal Money

Online trading fraud is getting smarter. Fraudsters use psychological tricks to steal your savings. Here are typical methods seen in sites similar to PlusOneTrade (plusonetrade.com).

Dating App Scams

The "Romance Scam" is a common tactic where scammers groom victims over weeks. They fake a relationship on social media. Once trust is built, they introduce a secret crypto opportunity. It is a lie to lure you onto a scam site like PlusOneTrade.

Fake Trading Dashboards

Scammers create websites that look exactly like legit trading apps. You see graphs and profits that go up. But it is a simulation. The scammer controls the numbers to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.

Red Flags

  • Cold Calling: You get calls from "brokers" you don't know.
  • No License: The firm lacks authorization.
  • Guaranteed Profits: They promise 1% daily returns with no risk.
  • Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
  • Pressure Tactics: "Account managers" push you to deposit more.

Do not trust fake reviews. Fraudulent brokers often write their own 5-star comments to look legitimate.

Final Thoughts

We advise against PlusOneTrade. It is likely a scam. Save your funds and find a licensed broker. Avoid plusonetrade.com at all costs.