Help Trading Review – helptrading.net Charlatans Won’t Help You Earn

The amiable trading conditions, first-class education, and premium support advertised on this site are nothing but cheap bait for luring unsuspecting victims. Other features like prestigious trading software and lowest market prices also don’t actually exist as part of the offer, despite the claims.

Keep reading this Help Trading review in order not to fall for the unscrupulous marketing campaign that is currently poisoning social networks.

Broker status: Unregulated Broker
Regulated by: No license
Operating Status: Active online trading sham
Known Websites: helptrading.net
Blacklisted as a Scam by: N/A
Owner: Help Trading Ltd
Headquarters Country: St. Lucia / Iraq
Foundation Year: 2023
Online Trading Platforms: MT5
Mobile Trading: Available
Minimum Deposit: $100
Deposit Bonus: No
CFD Trading Option: Yes, you can trade CFDs
Crypto Asset Trading: No
Available Trading Instruments: FX, CFDs, Metals, Indexes, Shares (alleged)
Maximum Leverage: 1:500
Islamic Account: Yes
Free Demo Account: No
Accepts US clients: US clients are accepted
Global Fraud Protection Experts’ Verdict: Keep your funds safe and don’t entrust them with these miscreants!

Suspicious to the Bone

The Help Trading broker is allegedly owned by a company with the same name – Help Trading Ltd. For the locations of their offices, these shady people list two addresses on the site: one in St. Lucia and the other in Iraq.

Now, St.Lucia is famous for not overseeing brokerage activities, so many illicit online trading firms establish their unscrupulous businesses there. On the other hand, the financial authority that regulates broker-dealers in Iraq is the Iraqi Securities Commission (ISC). This regulator provides a list of the brokerage firms they supervise, and Help Trading is not one of them.

In addition to that, the company isn’t found in other registers kept by financial watchdogs like FCA, CySEC, ASIC, and NFA. Therefore, you should stay away from this portal, as they’re an apparent scammer, just like Arbitrage Markets.

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Strong Propaganda Reach Targets Quick

Young, rich, and attractive women promoting this shady online trading platform post their videos on numerous social networks. They can be found talking about unique chances of getting rich quickly through the Help Trading Forex scheme.

Naturally, they use their charms to manipulate interested investors and extort money from them. The majority of the videos are found on TikTok, Instagram, and Facebook, and there is even a separate Telegram channel with over 6,000 members already blindly following the instructions and investing their life savings into the sham.

Fraudulent Activities on a Global Level

Due to the lack of Help Trading reviews online, it isn’t quite possible to estimate how much the victims have lost by investing in this promising deal that never comes true.

What is apparent is the fact that the campaign has been active since October 2023 and has primarily been targeting investors in these countries:

  • South Korea
  • United Kingdom
  • United States
  • Canada

If you don’t want to be swept off your feet by another enticing offer just to find yourself in financial entrapment, please contact us promptly. We can inform you about shady platforms and ways to recover stolen assets.

MT5 for Fraudulent Purposes

It’s a shame that the most popular and preferred, most advanced trading technology in the industry is being used by financial criminals to forward their insidious plans. The default Help Trading app is none other than the famous MetaTrader 5.

After signing up, we opted for a demo account and got the login credentials for the trial version. To our surprise, we were allowed to view positions but not open new ones, as the demo only allows a preview. To open a live trading account, you must first be a verified user.

Mobile App Also Available

After seeing that the MT5 did work for the Help Trading demo account, we also tried testing the mobile version. The links to the App Store and Google Play can be found on the website. Now, we couldn’t test if the live server works or the deception is purely tied to trial trading.

Small Disclosure on Assets

There’s not a separate web presentation that lists available groups of instruments. If you look inside the demo platform, you will only find Forex pairs.

On the other side, the accounts comparison page lists several categories, but without providing a deeper insight. Among them are FX, CFDs, metals, indexes, and shares, but we have no confirmation about these products really being there.

Packages and Deposit Requirements

While creating their Help Trading login, clients can choose which package they would like to buy. Some offer lower spreads but higher commissions, while others don’t include trading commissions at all. Some particular features aren’t revealed except the standard trading parameters.

The offer also includes an Islamic account, but its minimum deposit requirement is not disclosed. Other options are:

  • Standard – $100
  • ECN – $1.000
  • VIP – $50.000

Costs Only Seem Affordable

Any fraudulent online trading business tries its best to present impressive trading costs and conditions only to entrap clients. That’s why this firm offers high leverage of up to 1:500 and promotes it as if it’s a good thing. Furthermore, spreads start as low as 0.0 pips, and the trading commission is $6 per lot traded.

Due to legal documents not found on the website, we couldn’t figure out if there’s any more fees and taxes included, like inactivity fee and other charges. Therefore, beware of this element of the sham.

Why Forcing Crypto Transfers

Charlatans like J Rothschild Capital Management Limited and countless other firms prefer to accept crypto payments only because of their anonymity. That way, con artists can misappropriate users’ funds and attempt to avoid legal consequences. On the other hand, more transparent monetary transactions like credit cards can reveal their identity.

This site doesn’t explicitly publish the relevant Help Trading withdrawal information, so traders can expect delays, blocks, advance fees, and other obstacles.

Who to Report Fraud to

Staying calm and acting quickly before the funds are permanently gone is of crucial value in the recovery procedure. If your funds have been stolen by this sham, please contact us immediately.

Our legal advisors and chargeback experts can help you locate your funds and reveal the identity of the thieves. Act quickly before it’s too late!

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