Score
2-5 years Regulated in Vanuatu
Investment Advisory License
MT4/5 White Label
Regional Brokers
Vanuatu Retail Forex License Revoked
Suspicious Overrun
High potential risk
Influence
B
Score
License Index0.00
Business Index6.86
Risk Management Index0.00
Software Index4.00
Regulatory Index0.00
Influence
B
Single Core
1G
40G
More
Company Name
Samtrade FX Ltd
Company Abbreviation
S.A.M. Trade
Platform registered country and region
Australia
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
Cannot get the money
I am unable to withdraw from my account. please help.
hello admin, please help me about my problem, i can't withdraw my samtrade account since samtrade got a problem with MAS, i want to withdraw my account
Referring to a media release dated 3 January 2022 by the Commercial Affairs Department of the Singapore Police and the Singapore Monetary Authority (collectively the "Authorities") in connection with investigations into Samtrade FX Limited. Samtrade FX LLP and Samtrade FX (SG) PteLtd. Samtrade FX have stopped all operations for now. so we can't make withdrawals. I have 2 account dewiyul0682 $10.114 & dewiyul002 10.079$ . please Help
Failed withdrawal after 7 days.
i can't withdrawal the profit and the capital for almost 2 weeks
I am a member of Samtrade with a capital of 1500 dollars. because there is a legal licensing issue in SINGAPORE so trading and WD activities are delayed, hope there will be compensation
Referring to a media release dated 3 January 2022 by the Commercial Affairs Department of the Singapore Police and the Singapore Monetary Authority (collectively the "Authorities") in connection with investigations into Samtrade FX Limited. Samtrade FX LLP and Samtrade FX (SG) Pte Ltd. Samtrade FX have stopped all operations for now. so i can't make withdrawals with no information for how long and it's likely to be a scam. Please help.
I cant withdraw my balance $5900.
I applied for withdrawal on Jan. 3 and it had not been processed till now.
I am a SAMTRADE website user with no. id 73891142. Since December 31, 2021, I have withdrawn my balance, I have processed according to the steps but cannot be processed. please help follow up. thank you
From what happened on January 3rd until now, the broker did not explain whether the trader's funds are safe, how long to investigate, when can the funds be withdrawn, 1 year? permanent? Until the mt4 platform terminates the cooperation, it will be more difficult to withdraw funds or even transfer internally. I only need to get back my principal of 3000 US dollars. I have $3,000 in funds, but it tells me that I don't have any funds and I can't withdraw.
can't withdraw funds since 2 weeks ago, please help
I cannot withdraw my funds in the SamTrade since 4 January 2022. Please help
i can't make withdrawals with no information for how long. Samtrade FX have stopped all operations for now. Please help. Referring to a media release dated 3 January 2022 by the Commercial Affairs Department of the Singapore Police and the Singapore Monetary Authority (collectively the "Authorities") in connection with investigations into Samtrade FX.
Referring to a media release dated 3 January 2022 by the Commercial Affairs Department of the Singapore Police and the Singapore Monetary Authority (collectively the “Authorities”) in connection with investigations into Samtrade FX Limited, Samtrade FX LLP and Samtrade FX (SG) Pte Ltd. Samtrade FX have stopped all operations for now. so we can't make withdrawals. ask for help, because I am a housewife and have to take care of 2 children who are still in school. my funds in Samtrade $20k
WikiFX Data provideSingapore’s authorities have come down hard on broker Samtrade FX with all trading services being suspended and three so far unnamed people with links to the firm arrested. The Monetary Authority of Singapore (MAS) and Singapore Police acted after the broker’s name appeared on the Investor Alert List that the regulator operates. The investigation, which started on 28th December, has already taken positive action.
WikiFX
Global trading broker Samtrade FX has appointed Richard Christopher Dyason as the group’s Chief Strategy Officer (CSO).
WikiFXOn January 4, Fazzaco reported that the Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) launched a joint investigation into online trading platform, Samtrade FX run by Samtrade FX Limited, a company registered in St Vincent and the Grenadines and into its related Singapore entities Samtrade FX LLP and Samtrade FX (SG) Pte LtdSamtrade FX operates on the website https://www.samtradefx.com on 28 December 2021. Samtrade FX Limited and its related entities are not licensed by MAS, and have been placed on MAS' Investor Alert List since July 2021.
WikiFXGlobal trading broker Samtrade FX Ltd. ("Samtrade FX"), and together with its subsidiaries (the "Group"), has announced that Mr. Richard Christopher Dyason has been appointed as the Group's Chief Strategy Officer ("CSO").
WikiFXCan you withdraw money from S.A.M. TRADE? Is S.A.M. TRADE legal in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.
WikiFXLet us now turn our attention to the first item of discussion for today: the central bank of Nigeria formally announced the commencement of the RT200 FX program in an effort to gain 200 billion dollars in FX repute over the following three to five years. The Rt200 forex program is based on the background value of increasing export facilities, non-oil commodity expansion facilities, and by on or non-all export summits. This strategy is projected to boost and weaken the supply side of the foreign exchange market, which is more important and influential than demand management involvement in the foreign exchange market.
WikiFXSamtrade FX has become a household name among investors. The reason for this is that the Singapore Monetary Authority has halted the brokerage firm (MAS). Because Samtrade FX apparently does not have an official license and has not been validated, MAS made the decision. Investors are now concerned that they may be unable to make deposits or withdraw funds as a result of the ban.
WikiFXUp until March 10th, 2022, Samtrade FX was a member of the Financial Commission, but its membership was effectively revoked.
WikiFXSamtrade FX, an online trading platform based in the United Kingdom, is being investigated for possible irregular trading operations on its platform.
WikiFXFollowing the arrest of many members of its top management, offshore Retail FX broker Samtrade FX has published a statement (see full text below) announcing that it has filed for its corporate and operating entities to be placed in "judicial management" - Singapore's equivalent of administration.
WikiFXThe suspension of Samtrade FX's operations by the Monetary Authority of Singapore (MAS) has left account holders in uncertainty. Individuals are unable to withdraw funds from their Samtrade FX accounts, highlighting the hazards of utilizing an unregulated broker, according to a Q&A update from the firm.
WikiFXThe administrators of Samtrade FX today issued a warning to clients of the failing broker regarding those who approach them and claim to be able to help them get their money back.
WikiFXDerick Tan is an active trader and investor in the stock, commodities, currencies, bonds and property markets since 1999. Besides being a gifted author, speaker, trainer and media personality, he is also a serial entrepreneur and the founder of Timing & You program and Dreampreneur Pte Ltd.
WikiFXGlobal trading platform S.A.M. Trade today unveils a new logo, mission, and identity to reflect the platform’s transformation since its founding in 2015.
WikiFX
