10CFDS review -5 things you should know about 10cfds.com

10CFDS review -5 things you should know about 10cfds.com

Rating: 1.3

Beware! 10CFDS is an offshore broker! Your investment may be at risk.


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10CFDS is a Forex brokerage registered in Belize. According to the brokerage clients are extended an extremely generous leverage of up to 1:200. Furthermore, there is wide range of trading products from which to choose and a required minimum deposit of $250. The brokerage claims to provide the MT4 trading terminal and we could see a spread of 3 pips on EUR/USD which is absurdly high and a definite disadvantage for traders.

10CFDS regulation & safety of funds

According to the website the company behind the brokerage is registered in the Republic of Belize with the name SPEED SOLUTIONS Ltd. We further find written that the company is supposedly licensed and regulated by the local International Financial Services Commission (IFSC).

Forex brokerages in Belize have to guarantee legitimacy by having at least $500 000 in starting capital.  However, even though a license by the IFSC is better than nothing, it still does not carry the same weight in Forex trading as a license by the NFA in the US or the FCA in the United Kingdom.

Going on the online registry of the regulatory agency we did find mention of the company’s name which leads us to conclude that the information presented on the website is correct and that the brokerages does fall under the regulatory oversight of the IFSC but we highlight that such a regulation comes up short when compared to the FCA since IFSC do not participate in compensatory schemes by which client’s funds may be recovered in case of fraud or bankruptcy.

Nonetheless, the brokerage does provide clients with the MetaTrader 4 trading terminal which is the preferred trading terminal of over 80 percent of forex traders. However, we were unable to download it and instead we could check out the web-based trading platform the brokerage offers and see leverage of 1:200 which is quite high. Trading with such a leverage hides the risk of losing more than the initial deposit. There was also a spread on EUR/USD of 3 pips which is more than twice the industry average and a big disadvantage.

The lack of adequate regulation, as well as the high spread inclines us to believe that there are better trading options for clients in Forex trading.

Traders needn’t have to worry themselves with such risk if they choose to trade with a brokerage regulated and authorized by a prestigious regulatory agency. Such agencies are the FCA in the UK or CySec in Cyprus which have been leading names in Forex trading for some time now. Their regulatory framework is composed of a number of strict rules which prevent clients from falling victims to fraud. Such rules include the segregation of accounts which assures that commingling with the client’s money is not possible. Furthermore, a license by such a regulatory body entails participation in a financial mechanism by which clients may be compensated if they suffer losses due to fraud or bankruptcy. With the FCA the compensation is up to 85 000 pounds, where as with CySEC it is up to 20 000 euro per person.

10CFDS deposit/withdrawal methods and fees

Potential clients of the brokerage may deposit or withdraw via a wide range of payment methods which include Visa, MasterCard, wire transfer, as well as Neteller, Skrill and Paysafecard.

We did find quite a few provision worth noting in the terms and conditions.

We discern that there is a profit clearance fee ranging between 1.50 and 5.00 per trade, as well as a maintenance fee of $20 collected every month. Such fees are not found in the terms and conditions of legitimate brokerages. Profit clearance fees only exposes 10CFDS’s intent of making money through slowly draining the clients funds.

Furthermore,  we read that the brokerage charges a withdrawal fee of 3.5 percent which will be a minimum of $30 and a maximum of $350. Furthermore, the brokerage also posits a minimum withdrawal amount of $100 for wire transfers and $50 for credit cards. Such provisions are excessive and unacceptable in Forex trading – legitimate brokerages may charge some sort of a withdrawal fee but requiring a minimum withdrawal amount should be viewed always with suspicion.

Last but not least – the bonus trading conditions:

There is a requirement for a minimum trading volume in order to withdraw from an account that has taken advantage of the bonus promotion. In this case it is 40 to 50 times the bonus amount. We urge readers to take notice that almost always a bonus promotion, especially with unregulated brokerages, is tied with extreme trading requirement conditions which make it almost impossible to withdraw your money.

Having in mind this caveat, we advise traders to always put up only the required minimum deposit, instead of risking a bigger amount with no certainty. Afterwards, they may also try to withdraw a small amount in order to check for any unexpected fees or delays. Such fees and delays are usually the signs of a scammer.

How does the scam work?

Information is a pretty solid criteria for judging a brokers legitimacy. Scammers would not share much of their information, because precisely there inconsistencies and irregularities may appear which expose the whole set-up. A good example is this very broker and the misleading information it gave regarding its regulatory status.

After informing themselves for the brokers trading conditions – traders should be well-versed in the way of the scam:

Through clicking an ad with promises for fast money, you will be redirected to a website such as  Bitcoin Evolution or Crypto Revolt where registration will require you to give your email and phone number. After sharing your personal information, you will being receiving calls from brokers, compelling you to invest with them and win big. After a few minutes hearing their pitches, you decide to deposit some $200-250. And just like that – the scammers take a fat commission from this initial deposit.

After they are done with you, senior scammers begin working you into putting even more money. They say it’s the only way to profit from trading even more. After making the mistake of investing even further, you’ll begin wanting to get out of this and withdraw what you have left.

Unfortunately, the con-artists have no such thing in mind. They will now begin persuading you to wait it out and not withdraw right now. The motive here is quite straightforward – traders have a limited time window for filing a chargeback with their bank and get their money back. The “recovery department” will simply want to mislead you into missing this crucial period and, along the way, losing any chance you might have of getting the money back.

What to do when scammed?

As was mentioned above, scamming is quite the common in the trading world and, sadly, even you might suffer from it. In such an unfortunate case there still may be some available options for you.

You may contact your bank or credit card provider and file a chargeback. Furthermore, due to the high instances of fraud – both Visa and MasterCard have decided to sidestep scammers as best they can in forex trading. The first thing we have seen so far is that MasterCard has increased the previous time period of six months for filing a chargeback to a year and a half with their peer Visa expected to follow suit in December.

If, however, you have provided the broker with your credit card details, immediately cancel your credit card.

If you have given information regarding your online banking pass – you should switch it asap!

Beware of potential calls from self-described “recovery agencies”! They prey on scammed and vulnerable traders who are desperate to recover their losses. They will require an “up-front” payment to help you, but after paying them, no such help will be coming your way!

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  1. https://trade.10cfds.com/trade
    10cfds, made me lost all money! the agent would call you all the time to tell you, you will make profit from the transaction.

    1. It’s the worst place for traders, I used to work there, don’t believe anything they say on the phone or even where they are located. You will be called from different numbers and locations but it’s the same agent. AVOID PUTTING ANY MONEY because simply you won’t get it out and you won’t grow it. Once you deposit money, it goes to their pockets and they just put you a digital number in your account. They claim that traders make mistakes and that’s why they lose money, but they do it deliberately through high commissions, fake bonuses and fake promises. By the way, they are based in Georgia, Israel, and Czech Republic, and the owners of it are Israelis.

      1. so you are saying that you yourself scammed people Knowingly? im not sure if you are a mad ex employee that is lying or if what you are saying is true, but to put a review saying you are a scammer yourself is a red flag

        1. I don’t know why are being defensive unless you are working already there and accepting the management way which tricks the employees before the customers by making them believe they are selling something real. What I have mentioned was clear unless it triggered you 😉 I used to work there and tricked by the way they manage their business, until I decided willingly to leave this crap once I realized that my position takes part in scamming people even though they are claiming they are regulated. And they have regulation not to protect customers but to protect the way they scam people and that’s what I have realized and the management don’t tell their employees.
          I am sure you are one of those pathetic working there and got triggered that your secrets are out and maybe feeling guilty that’s why you are being defensive. There are many people who know how the business is done and they decide to carry on scamming people thinking that’s normal, but for me and many people once we knew how this shitty place is working we decided to that we will not carry on in this filth.
          It’s strange you got triggered by my review and not the customers’ reviews and you decided to just respond to mine, because it is vivid 😉
          We will keep exposing the secrets here and in the other thread, there are many employees there as well exposing secrets.

          1. I work in marketing for years
            My husband was scammed before
            And i know this trend of people from the competition side trying to get clients by shaming other companies

            Regardless I believe no one, unless you are a professional trader, shouldn’t trade. Its gambling and the house always wins.

            But yet, your reviews are not like others, you have an agenda

          2. My dear, agendas are taken against good businesses not bad businesses. Look at the reviews everywhere and open up your eyes. And you said the house always wins which everyone knows, but what people don’t know that this company and others are charging fees that customers don’t know about and they are hiding them on purpose so they can tell their customers that there are zero commissions and make fake promises.
            And you have exposed urself that you are from the company and you aren’t from marketing nor your husband was scammed because you have said one of the lies that the company feed you to say to customers who ask you about bad reviews, the company tells the employees when to respond this way when customers inquire about the bad reviews they see everywhere “people from competition putting bad reviews to hurt our reputation” bla bla haha

          3. Can we all join together and make case against this company… like joint venture for all who lost joined together to file / sue this company… United we stand divided we fall !
            Think about it guys / gals

  2. Dear Sir,

    I have just started trading with 10CFDS.COM after that they told me to convert your account into GOLD account than you will get more profit. i have did,for that i have to deposit 10000 USD. same day evening other account manager called me for to do trading. i just followed them after one hour my account is almost empty.
    Please tell help me on this. is this scam ??? if so then how to get back this money.

    Many thanks,
    Rajeev Kumar

    1. Sorry friend same thing was happen to me which I have deposited around 5000USD from tricky way they have doing this they tell us trade and our investment all gone in 00 balance and they will say us it’s our mistake like that … in this month only I also invested on October 4 last week 17 th only I also got loss they r the Scammers try close ur ATM card which u deposited and change your mail passwords …. I put my one year investment in this I don’t know what I am going to do …. we cannot get that Money sry for say this ….if any thing u can contact me by FB

    2. you was your account manager I also started with this company but deposit only a small amount My account manager is Emily

    3. Me too, my $ gone within a week, really scammer!

      1. So really this people r scammers? I was going to sign up with then for bitcoin pro but they say need to do it through their platform So i Google on them n found this site.

    4. Hi, I also last 500usd please guide me how to get my money back from 10cfds. Is this scam?

    5. I got the point now because they are push me also deposit the Money in your account. now got they are big scammer.

    6. Michael Lee Johnson

      Yes, Mr Rajeev Kumar. You are right!! Is a scam. The account manager and the stupid agents will call you everytime to invest more trading but they all are the mothers fucker sucks your hard earned money. I lost almost USD 2.5 Million within 1 month.

      1. You should seriously sue them !

      2. You are in South Africa maybe?

      3. badaruddin Adhoni

        10CFDS is called me for deposit 250 usd

      4. is is right . its scamm??
        they people are continoue calling for diposit amount. is it right brocker??advice plz

      5. who was your account manager??

    7. it is scam, i just did 250$ and I learn, these mother fuckers are bastards, never ever apply here any thing.please spread so less people may fall victim

    8. 10CFDCS is a Big Fraud

    9. Can we all join together and file a complaint/ sue this company.. Is there anyway like this … in social media or I don’t know in official case ?!
      United we stand divided we fall

      I mean Like a joint venture all file case against this company and then going for other companies and help other fellow humans regardless of there nationality religion

  3. Hi I too lost my money in 10CFDS they r the Scammers I lost around 5000USD by them it’s all from their side and but they say we have done the mistake …. we cannot get that Money

    1. We Donated money to buy them coffins!

  4. Hi Royal,
    Which is the best forex broker to work with

  5. I tried to withdraw my $ 4000 but was unable to do it as they say the account manager will contact you. The same night $ 2500 went missing and I’m still not able to withdraw the remaining balance. Also no contact on what happened to my account. They ask you to send a copy of back and front of credit card but don’t accept the copy if you to scratch out the numbers.cancellled the card immediately . Also be careful as they use teamviewer and ask you do do deposits to them. They can see your cvv number as well as your passwords for banks. They ask for $8000 as a bitcoin trade. It’s a very good Convincing scam. But at the end you have nothing. Once you transfer your money you will not be able to withdraw it back Into your account. Don’t be fooled people it’s a scam! They are not the real deal and they attract using bitcoin as bait.

    1. Is there any way to get your money back? I have sent 1000$ and gotten worried after reading these comments… they are asking for bank statement passport copy and Visa card copy to activate account and only then they can transfer the money back to me they said..

    2. I share my debit card details and didn’t send the photo of my card. I shares my passport copy. so what should I do please suggest immediately

      1. I just made deposit today sadly…i came to this side because ethereum code introduced this broker, now i know ethereum code and 10cfds are in this together…very sad straregy…

    3. Same happen to me

  6. somebody help me because it is not too late. shouĺd I destroy the card.

    1. Balakrishnan Lakshmanan

      Definitely. Get the card re-issued.

  7. 10 cfds no.1 cheeting money …dont put any money fore this company ..pls …..dont share any bank details jf your sharing ur account will come empty

  8. I lost money this 10cfds trading invest…pls anybody dont trade this platform and dont give bank details…every time they calling to top up the money finnally all the money will lost …many peopels are trouble same like

    1. Hi rajeev
      Same happened me but lucky me because credit card limit over otherwise big mistake

    2. How will get return my money

  9. I just deposited the $250 and I am getting worried now since there is no good word come out about 10cfds.
    Am I lost the money for good?

    1. I just deposited too. Did you manage to get your money back?

      1. How do you see this 10CFDS platform. My fear is that I released my account details

  10. Really really very bad ..don’t invest money this site ..if ur investing any single pills not getting back..many people are struggling …

    1. Yes I got it back cash my account….but who our lost money go to the site complaint first

      1. Hi bashir hiw did u get back your deposited money?

      2. Hi Bashir,
        Could you please explain the steps to get the cash back.

        1. Hi! Could you please share with us how to get back the money.

      3. How to get back? Because they told you your account is not yet verified

      4. Hi Bashir.. How did you recover your money? Please help..

      5. Hi,
        I lost 5000 usd I’m rafas can you pls send your contact number I need to talk to you

      6. hi bashir i deposit 250$ als pls tell us how you recover your money

        1. I am also deposit 250$ and how will get return my money

  11. Please stay away from 10cfds,they are big scammers.

    1. hi im from phillipines i sign up to 10cfds but didn’t know how delete my account .. pls me how to do it .. and sorry iam really not fluent in English. thanks

  12. Ladies and gentlemen, u make me scared. I suspected foul play today. My gut feeling tells me something is not write. This company called 10CFDS is something else. I registered last week on the 05th of December 2019 with a deposit of $250. The lady called me and advised me to deposit. She was more than willing to assist me withdraw from her side. I allowed her and I only placed an OTP for the transaction. Fortunately, I he told me that she was testing the card if it works. On the 06th A lady called me again and this time I deposited from my side an amount of $250 using another card. She advised that I must not trade because I will lose but wait for an account manager to come and assist me with the trade. I did.

    Om Monday, a gentleman called me and assist me to do a trade. What surprised me is that the gentleman tried to induce me to deposit about $1000 saying it is the better way to make more profit. I refused. He said the company will reimburse me for the loss if it happens but if the profit is realised, I will stand to take the whole. But he attempted with my help to withdraw $1000 until he could not find $250 again from my account. He then left saying
    he will contact me on Tuesday. He did not on Tuesday and Wednesday. On Thursday, the 12th I decided to escalate my query on the telephone. The exchange told me the telephone does not exist. I went to the chat room and complained. The ladies on the chat room exchanged, two of them, interchanged I answering my questions until one told me that she cannot answer trade questions and I must wait for the manager to answer. I dropped them and continued with the trade on my own.

    From a mere $301 balance on my account I clocked a close balance of $671 on the day. Suddenly on Friday, the said manager called and told me to buy and invest in Forex. Previously I invested on Commodities. He advised me on buying 100 EURUSD and 100 USDJPY. I was sceptical because initially he told me not to use more than 50% of my balance. on this day, i received a margin call twice on my phone unaware of it and my money was flushed from the balance of $671.50 to $136 which is below the amount I de[posited. i Realised that someone took my money for the December 16 Holiday.

    Please what can i do now.

  13. Hi guys just now i saw your comments, i have deposited my money yesterday. Shall I proceed for doing or shall I stop. Also how can I get my money. I transferred my money through Credit card, i know without OTP they cannot transfer any money i didn’t share any card details. Can anyone advice what to do Now.

    1. same here! I have transferred my money thru. credit card but still not yet verified my account. What can I do?

  14. I was a bit lucky as I have experienced on this kind of scam before with another broker company called FSMSxxxxt. I had lost more than >USD10,000 with the company. After reading all the comments here, I noticed the modus operandi is about the same i.e. they would keep asking you to inject more funds into the account for bigger profits. They would do trading on your behalf and when the account was making loss, they would ask for more deposit.

    My requests for withdrawal was not entertained and after further research I started a Chargeback. After more than 6 months, I got back ALL my deposits. There is a process to it and you can do it yourself if you know how to do it and no need intermediary which normally charge high fees. Just go to your bank and inform them that you want to do a Chargeback on the transactions because the service and products are not as advertised. There might instances that your bank will not do it properly – you need to insist your bank to proceed with the Chargeback giving all the reasons for your Chargeback. In my case, it was declined the first time. And after I insisted to proceed the second time, I got back the refund, although it took me 6 months.

    10CFDs has recently called me and asked me to join their platform. Being someone who had bad experience in the past, I am more cautious now. I informed the sales lady that I need more time to research on the company and need to read reviews about it. Reading the comments above, I think I would not proceed with them.

    1. you were scammed by FSMSmart? And then 10CFDS call you? Do you think they are the same scam group?

      1. Dont involve with 10CFDS..!!

  15. Do not trust 10CFD!!! Same problem that I lost $15K .
    After that no one contact me any more…

    1. I lost USD4750 with them

  16. they r not in estonya

    Scamerrs from Kijev Pragu end Tibilisy it is true

  17. I have bad experience with 10CFDS. Can you tell me how to do charge back. But fund already in their account.

    1. Go to your bank ask for a chargeback..don’t listen to the bank and their lazy excuses..just keep insisting..or find a legitimate chargeback company who can help..watch out there are also scammers who pretend they can help you..Google any company before approaching them!

  18. I released my account details to this 10CFDS Customer care.which includes my card number, cvv ,card expiry date and the OTP.but my account was insufficient. the transaction was not successful. But my question is that can he have access to my account?

    1. This is the same question i have in mind. Do you have any answer by now?

    2. Please, go to the bank and block your card then ask for a new card because the moment you have money in that account, they will withdraw everything. Never share your card or bank details with anyone. Scams everywhere.

  19. Now I read all this I never deposit.she always calling me in phone to deposit $250 but I always bzy.thank you god you save me.but the prblm is I saying I have money in my bank so what can I do now.

  20. Same thing happened with me.they are real scammer.theif and biggest cheater.anyone please dont invest even 1 doller.you will not able to get any thing.
    In my case i spent 250 usd.and within one week time account balance is zero as well as from today mobile application also not able to open.
    Please dont beleave on this site as well as agents also helping in making scam to get all of your hard earned money.
    Sure one day god will punish all this basterds.

  21. Opps…I just deposited, hope I can get back my money.

  22. I would advise all to do a very thorough research in future before releasing any funds and please do not commit or recommend anything to the customer service agent at all.
    I requested for a first time withdrawal (NO TRADING TAKES PLACE YET) of my deposit with 10CFDS.COM, was told I need to pay $30 for the service fee. This deviates from their customer service agent first call that I can be refunded in full at zero cost if I am unsatisfied with the service.
    A very good lesson learned. I will be even more stringent with future brokers.

  23. I am afraid that I am one of those been scammed. They manipulate you and their system is also manipulated. Do not spend a dime on this broker. It is sad to have people like them intentionally manipulate and exploit people who have pure intentions. This is EVIL.

  24. I have just lost over 170k USD from 10cfds..though I have been frequently asking them to stop the trade and withdraw my money back..they keep asking me to do more trades and not even a single trade is a profit once they know that you want to draw your money…I feel so devastated as they really drained my life savings in just 5 days!…be warned their platforms are not real ..complete fake !

  25. They just returned 13k from 171k..they made me go through a huge loss of trades..and everytime I ask for them to stop and return the money they keep playing with the equity to bring all of the investments down and put you under pressure to deposit more money before your margin hits 90%…they kept playing this game with ne until the balance reached 50k I had to withdraw the money process and the broker insisted to make the last trade since I have lost most of the money and put it in a way that he can recover my loss..they manipulate you very well..and their platform is a big question mark..it is not real ..it us totally fake..if it is real ..for every trade there should be a real receipt from every trade from the actual assets you trade..like gold or oil or currencies but they only show you their reports…which is a big scam…watch out…stay away from them!

    1. You got 13 back? So why they gave you the 13? Why you cant take the rest?
      Who was your account manager? Is it a lady name Emma?

  26. Thank God i was about to deposit money.. and for a final confirmation i googled for reviews and had a mild heart attack seeing all those reviews.. i will stop my communication with this site.. One thing is i tried to make transaction last night and it was declined due to blocked overseas transactions on my card.. now is it possible for them to track my card ?????????????????????

    1. Block and cancel your card…this is my advice!

  27. i lost 250 just i deposit when used google to and when i type 10cfds is legit but i read this all comments.my money now is gone i dont how to get back

  28. Can anyone assist as how to get the money back, I just lost US$ 250/-. when asked for refund, they are asking for documents verification first, which i feel hesitant to disclose the details. there are chances to do more Fraud transaction after getting all my details.
    Is there anybody who can assist in recovering the money from 10CDFS without providing the Docs.

  29. please can any one help me to withdraw my 750$.i started with 250$ and their agent call me to add which i did.we trade n got profit he then ask me again to add more money which add 250$ which make me desposit 750.we have trade n now my balance is 1300$.how can i witdraw the money the accounts.please any help.

    1. It is a demo..it is not real. This is how they lure many people

      1. you mean if its demo then it goes to their account???? real devils!

        1. You can imagine their way of transactions us all fake..as soon as the money is credited the investments starts..this is all a scam..as any deposit should go to a certified wallet to a verified process which should take an ample time to be credit to your account..but in their case they are trading on the spot..how come while the transactions are yet in the process!!!,..all I can say.. don’t give raise a chargeback .the bank will convince you otherwise but keep insisting

  30. I just lost my USD5000 today after all my personal information and bank details have been verified. They told me that its my fault when the “assistant of the broker” told me to invest and after 3 seconds my account went to 0 !!! They didnt do this not until my account has been verified!!! They are just waiting for the right time to scam and take all your money. My account manager’s name is Leo Landry. Never told me anything about his detials

  31. Guys..the more complaints raised by visa internstional or master international..the higher the chances for you to get your money back..raise a chargeback to your bank..keep insisting the bank that this is a fraud..they don’t have an international brokerage.. they are not certified as boarder international agreement ..they are not existed in estonia as they claim..the records show that they are not certified nor existed including their speed solution sponsor ..keep asking the bank to raise backcharge.thus visa or master card will be alerted and they will be affected by these complaints which could lead to close their fake organisations down..dont give up..

  32. Attention! The way that 10cfds.com working is very suscipious. They just lure you to deposit money.
    In better chance, your transaction may be blocked by your bank, your credit card will be suspended. This prevents you from further loss of money.

  33. they are biggest Scammers and now they approach people with different names and you end up in 10CDFs

  34. 10CFds is a big scam. Please dont fall for it. Do not share your info & do not put money into this

  35. Mohammed Younus Ahmed

    hi 10cfds duped me with 70000USD today i git the profit by tading. they sent me a mail bybsaying that 70000USD has been withdraw as i i got profit by scaliping.i dont know what to do cannanybody suggest. and know insee mybacxount is suspended. they need my vard details from which i had done payment . i had provided them with another card details which clearly show my name. Is there anyway to het back my money. if anybody claimed there money then please tell me hiw to do that. thanks in advanve.

    1. Raise a chargeback to your bank…keep insisting to tell then they are not licensed as international brokerage..raise a dispute against your card. This will freez the money till then keep asking the bank to investigate further and support it with documents.

  36. Guys…ask for a chargeback through your bank!

  37. Dr. Hjh. Noradzimah Abdul Majid

    Just avoid this stupid investment. To all guys outside there, just ignore the emel from 1K Daily team, which eventually will lead you to big losses. I ve experienced it..

  38. Everyone out there. Please stay away from this biggest scammer. They are very efficient in playing their role to persuade you to invest with them with USD250 as a start until all your money is sucked out of your debit or credit card. Various special offers are given, including special gift discounts for bitcoins and promises of returning back the money if investment fail.These are all sweet words and lies that will eventually lead you to lose all the money you have deposited with their reasons the loss are due to our mistakes as we do not pick up the phone for the educational session, or its our fault to simply follow the instruction made by the account manager (my case JamieMcCan) etc.We cannot complaint for this loss as the regional manager Sarah Stone (my case) will tollaly defend her company by saying we are the to choose to invest , to deposit and to sign the aggrement.But the way they tricked us into this is really very unethical, and full of cheating. Please to all youngsters outside there..do not even have an intention to join them for which at last that you ii loose everything.

  39. Warren Tolentino

    DON’T BE A VICTIM OF 10CFD…. They are scammers and drained your money/credit card! They scammed me last December’2019… No need to elaborate just follow your instinct, if you are reading this means you have a doubt. So, don’t be a victim by 10CFD!

  40. You can get the money back…if you have the right charge back procedure. They don’t have an international luscence brokerage..the number they share us totally fictional by them..they have no authority to trade outside their jurisdiction, they have no member board agreements for investments…You can raise a chargeback via your CARD..

  41. They have closed their Facebook account due to high number of complaints and now LinkedIn has many complaints in their Web page…this shows they are really scammers.

  42. I made a deposit and requested for my deposit to be refunded, as i am having problem meeting their verification requirements. One month later, not responds. Stay away Everyone.

  43. I made a deposit of US$250/-, last month, and lost my full money in 2 weeks time.
    My account was verified by 10cfd i.e, they have a copy of my Visa Card Number and Expiry details. I paid them through my Visa card and provided them with Debit card details.
    My question is Will they be able to access my account now?
    Seeing all the above messages I had requested a new Debit card but still, I am worried thinking whether they will be able to access my Account.
    Kindly assist

    1. Brother change that card it is better. The people who show you a big dream ………………so let your bank cancell the present card and get the new card.

  44. The same happen to me. At the first of June a lady named Emily Williams from 10CFDs company called me, told me there was something wrong with the previous trade, 2 months ago that invested and lost directly 3000 dollars and as the previous trader had no many experience she will fix the problem and she will help me to take back my money and really profit. She presses me too much to put more money, as promised that she should not use my money only the bonus. She convinces me that she is good trader my money is safe with her as she could calculate the risk using only 10 percent of the balance and I had nothing to afraid as if I would not happy with their service I could take back my money. At the beginning all trades were successful and Friday the last day of agreement after investing all my money, I was showing at the platform to lose my money I asked my money back and stop with company, but they deny everything. As I had no any experience at these type of trading after all I understand that I was a victim of scam of this company and searching in google I revealed that too much people were scammed with about the same way and same persons. So I totally invested in the 10CFDs company 23,000 dollars and received nothing. Now I am sure that this company is scam using a fake platform to take money from innocence people with a lot of lies. I feel very embarrassed by this scam they were very convincing and professional but it is unfair and these people must pay for injustice and deception and my hopes now is someone to help me to refund my hard earning saved money.

    1. i totally agreed with you, i lost in 5 mins 1250us$

  45. suraj kanjarankandy

    Hi Everyone, Even I am victim of 10CFDs. Have anyone managed to get the balance money out of them which is reflecting in their wallet. Apparently when I am trying to withdraw its prompting account not verified.

    Please help if anyone managed to get the remaining money out of them.

    1. Chat with the agent. On their website and check what is the procedure. If they are genuine they will refund your money.

  46. Just imagine.

    A deep well infront of us. If we do not know how to swim. We should not dive into it.

    And if you are thinking to invest in such trades, So my opinion is no please do not do this mistake. By the same money enjoy with your family and try to be happy.

    Guys Do not invest in such trades at all. Only you will face the loss.

    And if are fond of sinking. So do not use any regular visa card or credit card. Deposit through purchasing debit card, and that card balance should be zero after depositing in such so called traders.

    Otherwise you will face the loss only.

    I think more than 80% people will be facing loss only.

    So, Guys i will suggest you

    Never dive in a deep well, if you do do not know how to swim.

    Spend the same money for the charity, you will be rewarded after death.

  47. I feel very embarrassed by these scams, they were very convincing and professional. Now I know that it was all fake, I took my lesson not to trust any company even showing as legal but is too late. I had no experience at this type of trading. I would like to use Chargeback for solution, and I am looking a reliable company to help me for this. My bank told me to open a case against this company to police. Ι don’t understand how these people survive with so many scams. I’m sure they will pay for all the illegalities they commit. It is matter of time.! Not give up. There is solution.

  48. I reported this scam to Scamwatch. Many scammers are based overseas so from time to time the ACCC may also provide your report to government organisations overseas for the purposes of law enforcement and sharing intelligence about scam activity. The ACCC may also contact you about your report if any additional information is required. Νot let these people continue with other victims. The feeling of deception is horrible. All governments need to be more sensitive to protecting citizens from people who deceive innocent people with fraud and lies.

    1. Really very upset after reading your story. As per your comments Really They have cheated you. But you can save others. Spread your story on all social media platforms (in groups). So all the innocents can save themselves from such looters.

  49. You have to send an official email requesting to refund all the money or you will fight with banks to take necessary actions..First..check their license where it clearly shows they have no broad authority to invest only in Beilize where they are located. They have no boarder agreement between any country as an official financial brokerage where you can stress the later point to your bank and raise a backcharge.you can also take the case to the police..but i highly recommend the bank as it will be the most efficient approach where your card holder..in my case VISA can be alerted and hold the money till further investigation is taken..yes they can justify that you have approached them with proof given such as your documebts and card details..but this disuad from the fact that they are nit authorised financial broker..As per the rules , if the product is not as advertised you have the right to raise chargeback. Their products is false and no trades were actually happened!

    1. Dear all.

      I had sent the refund request, so before that process they are taking sign of the investor on e-form in which it is clearly mentioned that we have recieved the services as promised. Also they are asking for your address and all. And What about the documents submitted by us. Can they use those in future to scam someone.

      Also i request those victims, not to sign on their declaration form for any refund, this way your side will be weak. In case If they are genuine.

      Any how as shown here we should complaint our card companies and request them for the chargeback process.

      As written above many have lost their life earnings. Savings. I have lost around 350$. But mine is nothing compairing to the above figures. God bless us all and hope we all will succeed in chargeback process.

      We have to complaint for chargeback and should pray.

  50. i was also scammed. They are so fast on you and explain a lot of things that you do not really understand. Withdraw your money and send emails you must trade and they call you from different countries. I asked several times to refund my money only to hear my account is empty as there are monthly costs which they withdraw from your money. I am so furious with this people.

  51. I am an ex-worker who worked with this disgusting company and the people in it. I’ve seen how they scam people, don’t believe anything they say guys, especially when they say “the more you make, the better for us because you will be enjoying trading with us and making POTENTIAL profits” they believe when they use “potential” there won’t be any legal claims, and according to their license they try to deceive more people. Firstly the more money you make, the worse for them, because in this case they Will need to repay you from their own pockets. They simply take your money to their pockets and commissions are distributed around agents and managers, and they pass you to retention department which they refer it to you as “account manager” and his mission is to make you deposit more so he and his department take commissions and still you don’t own any penny because the number displayed to you is just a digital number, not a value of money. And they will make sure this number goes to ZERO throw spreads and commissions.
    I will keep saying more secrets about this dishonest place and it’s owners.

  52. They are scammers and they change their name every while after scamming people, firstly they were called Optek then they have changed it to AroTrade and after they have scammed people from Singapore, Malaysia, UAE, India, Middle East, Australia, etc they have changed their name to 10CFDs to repeat the cycle and soon after all these bad reviews, they will change it again to god knows what.

  53. They used to be one of my previous employers and they were definitely the worst, you are surrounded by a group of immoral, dishonest, insensitive, vulgar, manipulative and deceptive people that will try to act formal on the phone to “move the money from your pocket to their pocket” and by the way, they use this term proudly that they should steal money from you so they have it in their pockets. Many people drink while they are speaking to you and they record the calls and after you deposit they listen to it and they laugh about how naive people believe them and they have deposited. They keep making numerous tricks on the phone to make you believe they are credible and they don’t care about your money *well if they don’t care, they wouldn’t have spammed your phone from different phone numbers around the globe ;)*
    Don’t believe those agencies who promise you to return your money due to the fact that they are scammers too and they will need you to send them money. If you watched “the wolf of Wall Street,” well that’s how they treat their clients, they pretend to be formal and presentable, but they are cursing you on mute and everyone hears your call because they count every penny they make at the end of the day.
    My name is Neil John and I am pretty old man and from South Africa

    1. i cant believe all of you “former employees” – you say they are scammers meaning you are a scammer

      1. It seems that many ex-employees are giving their true testimonials about that bad place and they are attacked by current employees, even though that the testimonials doesn’t contradict with the consumers reviews. Thank god I read reviews before I join, I found many of my Indian brothers got scammed I feel bad for them and I’m glad I didn’t join that

  54. Krishna Ramsey Schmidt Adam Maria Mehdi Ezra Tom Ben Sandra Chanel Beth Peled Dor Alex “fat-addict” Bobby Will Patrick Alexa Lilly David Paul Neil

    It’s the worst place for traders, I used to work there, don’t believe anything they say on the phone or even where they are located. You will be called from different numbers and locations but it’s the same agent. AVOID PUTTING ANY MONEY because simply you won’t get it out and you won’t grow it. Once you deposit money, it goes to their pockets and they just put you a digital number in your account. They claim that traders make mistakes and that’s why they lose money, but they do it deliberately through high commissions, fake bonuses and fake promises. By the way, they are based in Georgia, Israel, and Czech Republic, and the owners of it are Israelis.
    The only way to hold them back is to 1-report to the bank so they stop processing any transactions with them and that will help to close all their payment terminals. 2- report the numbers 3- when they call waste their time and don’t deposit because that really piss them off 4- Piss them off and ask them everything and play around, you will be safe as long as you don’t give them your card information
    I used to work in that disgusting place And they convinced us that people make money but they are all liars and they feed their lies to the workers so they tell them to you over the phone. You will be receiving calls from (UK-South Africa-Bahrain-New Zealand-Australia-Singapore-Malaysia-Russia-etc) they aren’t located there but they are using a cheap VPN to make you believe they are located wherever you are.
    Don’t invest in any online trading app, believe me I worked in their filthy kitchen and I know all their tricks, they are going to scam you, don’t believe the famous figures they use to attract you ITS ALL FAKE.
    Krishna Ramsey Schmidt Adam Maria Mehdi Ezra Tom Ben Sandra Chanel Beth Peled Dor Alex “fat-addict” Bobby Will Patrick Alexa Lilly David Paul Neil

  55. I just deposited USD 250 to them. And, they are asking me to provide my id card to verify account. After I read your comments, I think it is scam. I rejected to provide my id card to them and asking them to return the deposit to me. They replied me they need my id card to verify account and then I can withdraw the deposit from their website. There is minimum charge USD 30 for the withdrawal process. I am struggling if I should send them my id card as it is my privacy. If anyone can tell me what should I do? Thanks!

    1. Hey Alex,
      You can share the card by hiding the numbers and cvv. They are unregulated brokers working from different parts of country even from India too.
      I have received my USD 250 back to my account by Rave Lekki and the withdrawal process fee is also wrongly mentioned by them, in my case the fee taken is 59 AED.

      1. Hi Vivek,
        Thanks for your reply.
        Yes, I tried to hidden the number of my id card. But, they did not accept and insist to have clear picture of my id card. Of course, I did not follow their instruction. And now, they did not reply me anymore.

  56. Omg i just signed up today and I already shared e my card number but I hope they will not take any single money for my account because still I did not received opt from my number so pls advice me what to do..

  57. i will not advise you to deal with them

  58. I am so lucky today i read all the comment regarding 10CFDs investment platform, I am about to sign up the account. By now , I confirm i decided to stop communicate with them. Our hard earn money shouldn’t be feed all this animals , preferably donate to charity funds.

  59. Yes I managed to get my money back from them. I have deposited $250 on 7th Aug 2020, then after lot of hustle for account verification opened a trade with James Clark and it went into negative $30. But they said we have first insurance cover for you and added $25. Then I have seen the reviews here and tries to withdraw my money, they asked that account manager will contact you. After calling them continuously for a week, I started threatening them and I tried to penetrate their network. Then finally they refund my deposit amount and it got credited by Rave Lekki.

    1. can I help how to get it back…i m.scared to verify my account with them bcoz they r asking for card details

      1. After doing multiple follow up with them, I abused them on their support number. They are really scammers, later I threatened them of Cyber attack and started looking to penetrate into their network. After sometime they credited back my $250 into my account.

    2. Hi Vivek.
      Same as you, can please tell me how you managed to threaten them ?

      Thanks & Regards


    3. Please help me how will get my money

      1. First lodge FIR in the POLICE STATION. And then contact your BANK. And follow with your bank daily. You can hope.

  60. Did u get money back somehow

  61. I am agree with you they are cheating when they want frist tranjection talking politely and lying don’t believe.

  62. Cheаter, liаr and fraud Don’t waste your Money, the agent said we are not taking any charges you can withdraw any time but how please don’t make people fool they said uae based company where is your office in uae.

    1. Sorry for your losses, they are scammers they have no dignity I have managed to find one of their branches and it is located in Eastern Europe in Czech Republic in the capital Prague Škrétova 490/12, 120 00 Praha 2-Vinohrady and the company is registered under the name of Speed Outsourcing Services Cz S.r.o.

  63. any one get his money or profit back?

    1. Do not invest, and no one should share there debit card with a lot of balance.

  64. I am a victim too. I’ve put in 250USD, the company asked for my ID and credit card number. I’ve got worried and after hanging up, I stopped my credit card and asked the company not to call me again. They’ve stop for a few months, then started to call again.

    This time 15 Jan 21, the guy named Mark said they they need to close that sector of company, give me back the money and close my account.

    He asked me to download a program called Anydesk, it is a very scary program, he could control my screen. He wants me to join btcbit.net in order to have my money back.

    He kept on saying that my 250USD became 3 bitcoins, which is a lot if money.

    I kept on refusing to have my money back. He kept on pushing me to sign up btcbit.net.

    However this company also needs me to upload , somehow it didn’t get verified. I woke up all of a sudden, I told him I don’t want my money, don’t call me again. Just close my case.

    Will see what happens.

    I’ve stopped all my credit cards on my bank statement uploaded. Called the bank to stop all logins.

    I’ve learnt a big lesson with USD250.

  65. Complain to the IFSC in Belize, send an email of the immoral activities by 10cfds.they will request if your country requires a broad lisence which I am sure you can acquire such information via your financial institution In your country or simply via Google,

    I have already complained abd it is in the process,

    I suggest all to do the same,

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