Trader’s Way
We are investigating Trader’s Way for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices. This includes potential violations such as impersonation, fraud, and perjury.
PARTIES INVOLVED : Trader’s Way
ALLEGATIONS : Perjury, Fraud, Impersonation
INCIDENT DATE : 22 Aug 2024
INVESTIGATED BY : Ethan Katz
TOOLS USED : Lumen, FakeDMCA, SecurityTrails
CASE NO : 3136/A/2024
CRIME TYPE : Intellectual Property Scam
PUBLISHED ON : 27 Nov 2024
Is This About You?
What We Are Investigating?
We are investigating Trader’s Way for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices. This includes potential violations such as impersonation, fraud, and perjury
We are investigating Trader’s Way for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices. This includes potential violations such as impersonation, fraud, and perjury
What are they trying to censor
Trader’s Way, a forex and CFD brokerage, has faced numerous allegations and red flags over the years, raising concerns about its business practices and reputation. While the company has maintained its legitimacy in some circles, a closer examination reveals a pattern of adverse news and customer complaints that could significantly harm its standing in the financial services industry.
Major Allegations and Red Flags
1.Unregulated Operations: One of the most significant red flags is the lack of clear regulatory oversight. Trader’s Way has been accused of operating in jurisdictions with weak or no financial regulations, making it difficult for clients to seek recourse in case of disputes. This lack of transparency has led to suspicions about the legitimacy of its operations.
2.Withdrawal Issues: Numerous clients have reported difficulties in withdrawing funds from their accounts. Complaints range from delayed processing times to outright refusal to release funds, often accompanied by vague explanations. These allegations suggest potential liquidity issues or unethical practices aimed at retaining client funds.
3.Misleading Marketing: Trader’s Way has been criticized for aggressive and misleading marketing tactics. Some clients claim they were lured into trading with promises of high returns and low risks, only to experience significant losses. This has led to accusations of predatory behavior targeting inexperienced traders.
4.Poor Customer Support: Many users have reported inadequate customer service, with complaints about unresponsive support teams and a lack of resolution for technical or financial issues. This has further eroded trust in the platform.
5.Negative Online Reviews: A significant number of negative reviews on forums and review sites highlight issues such as platform manipulation, unexplained account closures, and hidden fees. These reviews have contributed to a growing perception of Trader’s Way as an unreliable broker.
Reputational Damage and Motives for Cyber Crime
The cumulative effect of these allegations has severely damaged Trader’s Way’s reputation. In the highly competitive forex and CFD industry, trust is paramount, and any hint of malpractice can drive clients to competitors. The company’s ability to attract and retain customers is directly tied to its public image, making negative publicity a significant threat to its business.
If Trader’s Way were to engage in cybercrime to remove damaging content, it would likely target negative reviews, forum discussions, and investigative articles that expose its alleged malpractices. By silencing critics and erasing evidence of wrongdoing, the company could attempt to rebuild its reputation and continue operating without scrutiny. However, such actions would not only be illegal but also further undermine any remaining trust in the brand.
Conclusion
Trader’s Way’s alleged misconduct, including unregulated operations, withdrawal issues, and misleading marketing, has cast a shadow over its credibility. While the company may seek to suppress negative information to protect its reputation, resorting to cybercrime would only compound its legal and ethical challenges. For traders, the recurring red flags serve as a warning to exercise caution when dealing with the platform.
- https://lumendatabase.org/notices/44009904
- August 22, 2024
- CrystalPulse Labs
- https://www.myfxbook.com/reviews/brokers/traders-way/196412,1
Evidence Box
We are investigating Trader’s Way for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices.
Targeted Content and Red Flags
About the Author
The author is affiliated with Harvard University and serves as a researcher at both Lumen and FakeDMCA.com. In his personal capacity, he and his team have been actively investigating and reporting on organized crime related to fraudulent copyright takedown schemes. Additionally, his team provides advisory services to major law firms and is frequently consulted on matters pertaining to intellectual property law.
He can be reached at [email protected] directly.
Many thanks to FakeDMCA.com and Lumen for providing access to their database
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How This Was Done
The fake DMCA notices we found always use the ?back-dated article? technique. With this technique, the wrongful notice sender (or copier) creates a copy of a ?true original? article and back-dates it, creating a ?fake original? article (a copy of the true original) that, at first glance, appears to have been published before the true original
What Happens Next?
The fake DMCA notices we found always use the ?back-dated article? technique. With this technique, the wrongful notice sender (or copier) creates a copy of a ?true original? article and back-dates it, creating a ?fake original? article (a copy of the true original) that, at first glance, appears to have been published before the true original.
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Average Ratings
2
Based on 3 ratings
Amelia White
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Unbelievable! I made some great trades last night. When I checked this morning, my balance was down and all my winning trades were missing. I messaged the broker, but their support team couldn’t help me and told me to email their support department. I’ve also tried calling, but no luck there either. This is so frustrating, and I’m really hoping to get my money back.
Mia Davis
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I’m beyond frustrated.I had a trade issues so I sent screenshots to prove it and emailed their support, but all they say is that they’re forwarding my issue to the right team. After multiple emails and no resolution, I lost all trust in them. This feels like a scam, and I can’t believe I fell for it. Please, don’t make the same mistake I did.
Emma White
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Take it from me. I had a few profitable trades, but when I cashed them out, the profits never come up in my account. It is like they just disappeared. so since moved my funds to another platform because I refuse to deal with this anymore.